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Power Grid InvIT mops up ₹ 3,480 crore from 47 anchor investors K.R.Srivats New Delhi | Updated on April 29, 2021 Public issue of Power Grid InvIT opens today; price band is ₹ 99-100 per unit Maharana company Power Grid Corporation’s InvIT offering got off to a strong start, with the anchor book seeing a mop-up of ₹ 3,480 crore on Wednesday from 47 institutional investors that included many international and leading domestic funds. The amount mobilised through the anchor book accounted for nearly 45 per cent of the targeted ₹ 7,735 crore from the public issue. The public issue of t...

In month of May 2021Manappuram Finance is considering various options for raising funds through borrowings including by the way of issuance of various debt securities in onshore / offshore securities market by Public Issue, on Private Placement Basis or through issuing Commercial Papers. Based on the prevailing market conditions, the Board of Directors / Financial Resources and Management Committee / Debenture Committee of the Board of Directors of the Company may consider and approve issuances of Debt Securities during the month of May, 2021, subject to such terms and conditions includi...

Banks & NBFCs 4QFY21 Results Preview - HDFC Securities Posted On: Mr. Krishnan ASV, Institutional Research Analyst, HDFC Securities Beyond a favourable base We expect our coverage universe to clock a sequential PPOP growth of ~10% on the back of improving business traction. With the SC-imposed standstill on NPL recognition lifted, lenders should report a significant rise in slippages and GNPAs. We expect incremental provisions to moderate sequentially across our coverage universe, with lenders having built significant provision buffers during 9MFY21. We expect sequential improvement in busine...

Muthoot Finance declares interim dividend of 200% Posted On: 2021-04-13 20:46:31 (Time Zone: Arizona, USA) Muthoot Finance Ltd, India`s largest gold loan company on April 12, 2021 declared an interim dividend of 200% ie., Rs.20 per share of Rs.10 face value for the financial year 2020-21.The dividend will be paid to the shareholders on or before May 11, 2021. This will involve a dividend payout of Rs.802crs. For previous financial year , Company had paid a dividend of 150% ie., Rs.15 per share. The Record Date for reckoning the shareholders who shall be entitled to receive the said divid...

Happiest Minds and Beatroute Partner to Offer Revenue Realization Solutions for CPG Industry Posted On: 2021-04-14 00:59:04 (Time Zone: Arizona, USA) Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital. Born Agile', digital transformation and IT solutions company and BeatRoute have entered into a strategic partnership to solve typical revenue realization problems faced presently by the CPG industry . The complex CPG eco-system is characterized by multiple channels and relationships including Modern Trade, General/Traditional Trade and other B2B channels that require a ...