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Muthoot Finance Ltd 25th Public Issue of Secured Redeemable Non-Convertible Debentures Oversubscribed on Day 1 Posted On: 2021-04-08 08:15:29 (Time Zone: Arizona, USA) Muthoot Finance Ltd. 25th Public Issue of Secured Redeemable Non-Convertible Debentures(NCDs) of Rs.1700crs which opened today got oversubscribed on first day itself. As per the data available on the BSE on April 08,2021 at 5pm, against an issue size of Rs.1700crs, bids were made for Rs.2337crs. This was the first NCD Public Issue after Company's credit rating got upgraded to AA+ by CRISIL and ICRA. Shares of MUTHOOT FINAN...

Grasim Industries Limited raises Rs. 1000 crore through private placement of NCDs Posted On: 2021-04-05 21:52:43 (Time Zone: Arizona, USA) The members of the Stakeholders' Relationship Committee of the Board of Directors of Grasim Industries Limited vide its circular resolution dated 5th April 2021 has allotted 10,000, 6.99% Fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs. 10 Lakh each (Series 21-22 / 6.99% GIL 2031) aggregating to Rs. 1,000 Crore, on private placement basis. These NCDs have been rated "AAA(STABLE)" by CRISIL and ICRA. Shares of GRASIM INDUSTRIES ...

Flipkart partners with EDEL by Mahindra Logistics to accelerate deployment of electric vehicles in its last-mile delivery Posted On: 2021-04-05 21:53:21 (Time Zone: Arizona, USA) Flipkart, India's homegrown e-commerce marketplace, today announced that it has partnered with Mahindra Logistics Limited (MLL) as one of its key logistics partners to help fast track deployment of electric vehicles across its logistics fleet in the country. Flipkart has committed to 100% electric mobility in its logistics fleet and will deploy more than 25,000 electric vehicles (EVs) by 2030. Mahindra Logistics...

Copper - Outlook - April 6, 2021 - Reliance Securities Posted On: Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities Domestic Copper and the rest of the metal prices on MCX ended with solid gains on Monday. LME Copper prices and the rest of the base metal complex have started higher this Tuesday morning in Asian trade, tracking the weakness of the U.S Dollar. Prices also took support after data showed that a recovery in China's services sector picked up speed in March as firms hired more workers and business optimism surged. The Caixin/Markit services Purchasing Managers' Index (...

G M Breweries Ltd board declares dividend of Rs. 4 Posted On: 2021-04-06 02:28:16 (Time Zone: Arizona, USA) The Board of Directors of G M Breweries Ltd at their meeting held on 6th April 2021 has recommended dividend at the rate of 40% i.e Rs. 4.00/- per share. The Dividend payment will be subject to approval of members at the forthcoming AGM. Shares of G.M.BREWERIES LTD. was last trading in BSE at Rs.448.45 as compared to the previous close of Rs. 435.6. The total number of shares traded during the day was 20117 in over 1203 trades. The stock hit an intraday high of Rs. 448.45 and intra...