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Arvind SmartSpaces Limited allots 28,50,000 warrants

Arvind SmartSpaces Limited allots 28,50,000 warrants
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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Arvind SmartSpaces allots 28.50 lakh convertible warrants

Arvind SmartSpaces has approved the allotment of 28,50,000 warrants convertible into equity shares at a price of Rs 102 per equity share (warrant exercise price) aggregating to Rs 29.07 crore within 18 month from the date of allotment, in one or more tranches to Kausalya Realserve LLP wherein Kamal Singal, MD & CEO of Arvind SmartSpaces (Company), and his relatives are the partners (Hereinafter referred to as Warrant holder), on a preferential basis.
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market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

US market closed for President s Day
Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington. However, the US stock markets were closed on Monday for the Presidents Day holiday. E-mini futures for the S&P 500 were trading higher, up 0.4%
European shares rally as mining stocks gain
European shares scaled one-year highs on Monday and mining stocks tracked a jump in copper prices as bets of more US stimulus fuelled optimism around a faster global economic recovery this year. The pan-European STOXX 600 rose 1.30 per cent, with Rio Tinto, BHP Group and Anglo American bolstering the index. Banks and energy stocks were also among the biggest gainers. ....

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RBL Bank Q3 net doubles to Rs 147 cr on other income, low operating costs

Private sector lender RBL Bank has doubled its net profit in the October–December quarter (Q3) of FY21 to Rs 147 crore, from Rs 70 crore in the year-ago period in FY20, driven by other income and low operating costs. The bank earned its highest ever operating profit at Rs 805 crore in the reporting quarter, up 12 per cent from a year ago.
Its net interest income (NII) was down 2 per cent year-on-year in the reporting quarter to Rs 908 crore, from Rs 923 crore in the year ago period due to interest reversals, but other income was up 19 per cent to Rs 580 crore as core fee income improved to surpass pre-covid levels. The bank had a net interest margin (NIM) of 4.19 per cent in the same period. ....

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