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SW Investments reports standalone net loss of Rs 0.05 crore in the March 2021 quarter

SW Investments reports standalone net loss of Rs 0.05 crore in the March 2021 quarter
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India COVID-19 Recovery Rate Increases To 94.55%

Read more about India COVID-19 Recovery Rate Increases To 94.55% on Business Standard. India's Active Caseload further declines to less than 13 lakh (12,31,415) after 57 days. Active Cases decrease by 72,287 in last 24 hours. Less than 1 lakh new cases for the 2nd day. India reports 92,596 new cases in last 24 hours. 2,75,04,126

India , Active-caseload , Daily-new-cases , Weekly-positivity-rate , Vaccine-doses , Nationwide-vaccination , Capital-market , Investment-management-amp-fund-operators-nec , -cr , Ndia , இந்தியா

Jindal Poly Investment & Finance Company reports consolidated net loss of Rs 4.23 crore in the March 2021 quarter

Jindal Poly Investment & Finance Company reports consolidated net loss of Rs 4.23 crore in the March 2021 quarter
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A F Enterprises reports standalone net profit of Rs 1.50 crore in the March 2021 quarter

A F Enterprises reports standalone net profit of Rs 1.50 crore in the March 2021 quarter
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SIL Investments reports standalone net loss of Rs 2.10 crore in the March 2021 quarter

SIL Investments reports standalone net loss of Rs 2.10 crore in the March 2021 quarter
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SIL Investments reports consolidated net loss of Rs 1.91 crore in the March 2021 quarter

SIL Investments reports consolidated net loss of Rs 1.91 crore in the March 2021 quarter
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HDFC, Cerberus tie up for funding real estate projects

HDFC Capital and Cerberus have partnered to form a special situations platform for the Indian residential real estate sector.
In a BSE filing made after market hours on Thursday (1 April 2021), the housing financier said that HDFC Capital Advisors (HDFC Capital) and an affiliate of Cerberus Capital Management (Cerberus) have partnered to target the creation of a special situations platform focused on high-yield opportunities in the Indian residential real estate sector.
The platform will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate-related opportunities.
The development of the platform is in response to a series of shocks to the Indian residential real estate market that have created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion while traditional financing channels have come under severe pressure.

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Dhani Services Ltd Partly Paid Up leads losers in 'B' group

Prabhat Technologies (India) Ltd, BCPL Railway Infrastructure Ltd, SIL Investments Ltd and Maximus International Ltd are among the other losers in the BSE's 'B' group today, 05 April 2021.
Prabhat Technologies (India) Ltd, BCPL Railway Infrastructure Ltd, SIL Investments Ltd and Maximus International Ltd are among the other losers in the BSE's 'B' group today, 05 April 2021.
Dhani Services Ltd Partly Paid Up tumbled 10.58% to Rs 82 at 14:25 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 38051 shares were traded on the counter so far as against the average daily volumes of 46162 shares in the past one month.

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Covid-19 Vaccinations Surpass 7.9 Crore In India

The cumulative number of COVID19 vaccine doses administered in the country has crossed 7.9 Cr mark today. Cumulatively, 7,91,05,163 vaccine doses have been administered through 12,31,148 sessions, as per the provisional report till 7 am today.
These include 90,09,353 HCWs (1st dose), 53,43,493 HCWs (2nd dose), 97,37,850 FLWs (1st dose) and 41,33,961 FLWs (2nd Dose) and 4,99,31,635 (1st Dose) and 9,48,871 (2nd dose) beneficiaries aged more than 45 years. As on Day-79 of the vaccination drive (4th April, 2021), 16,38,464 vaccine doses were given. Out of which, 15,40,676 beneficiaries were vaccinated across 21,508 sessions for 1st dose and 97,788 beneficiaries received 2nd dose of vaccine.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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HDFC Capital and Cerberus to provide capital solutions to India residential projects

HDFC Capital Advisors and an affiliate of Cerberus Capital Management, L. P. (Cerberus) have partnered to target the creation of a special situations platform (the Platform) focused on high-yield opportunities in the Indian residential real estate sector.
The Platform will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate-related opportunities.
The development of the Platform is in response to a series of shocks to the Indian residential real estate market that have created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion while traditional financing channels have come under severe pressure. The Platform intends to partner with quality developers to provide capital solutions and expedite project construction and completion.

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