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POWERGRID Infrastructure Investment Trust to open IPO of its Units on April 29, 2021 and close on May 3, 2021

POWERGRID Infrastructure Investment Trust to open IPO of its Units on April 29, 2021 and close on May 3, 2021
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Den Networks not to proceed with composite scheme of arrangement

Den Networks not to proceed with composite scheme of arrangement
PTI
New Delhi |
Updated on
April 21, 2021
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In a filing to the exchanges, the company said since a year had passed from the time the board considered the scheme, it had decided to drop the idea
Den Networks on Wednesday said it has decided not to proceed with the composite scheme of arrangement in which TV18 Broadcast, Hathway Cable & Datacom and Den Networks were to merge into Network18 Media & Investments.
“Considering that more than a year has passed from the time the board considered the scheme, the board of the company has decided not to proceed with the arrangement envisaged in the scheme,” Den Networks said in a regulatory filing. ....

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rxil: RXIL becomes first TReDS platform to cross monthly throughput of Rs 1,000 cr

Synopsis
Launched in 2016, RXIL, a joint venture between the Small Industries Development Bank of India (SIDBI) and the National Stock Exchange of India Limited (NSE) with State Bank, ICICI and Yes Bank as other stakeholders.
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The government with the support of RBI, Ministry of Finance and Ministry of MSME has been promoting TReDS as an effective tool to address the working capital woes of MSMEs.
NEW DELHI: Receivables Exchange of India Ltd (RXIL), leading invoice discounting platform for MSMEs, on Tuesday said it has crossed monthly transaction volumes of Rs 1,000 crore in the month of March.
The growth of transaction volumes from Rs 69 crore in April 2020, to Rs 1,105 crore in March 2021 indicates the revival and resumption of the economic activity, RXIL said in a statement. ....

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NSE, ONGC stake pick drives IEX to new high - The Hindu BusinessLine

NSE, ONGC stake pick drives IEX to new high
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The shares of Indian Energy Exchange (IEX) Ltd recorded fresh highs on Friday after the company entered into a strategic partnership with the National Stock Exchange of India Limited (NSE) and Oil and Natural Gas Corporation Limited (ONGC) to build gas markets.
IEX closed at ₹328.40 on the BSE, up ₹19.90 or 6.45 per cent. It hit a 52-week high of ₹349.00. It opened at ₹309.25 as against the previous close of ₹308.50.
On the NSE, it closed at ₹327.75, up ₹19.80 or 6.43 per cent. It hit a 52-week high of ₹349.00.
IEX, India’s premier Energy Exchange, on March 10 announced a strategic divestment of 26 per cent of its equity holding in the Indian Gas Exchange (IGX) to NSE through its wholly owned subsidiary NSE Investments Ltd and an additional 5 per cent equity holding to ONGC, a Maharatna Central Public Sector Undertaking. ....

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IEX Enters into Strategic Partnership with NSE & ONGC to Build Gas Markets

IEX Enters into Strategic Partnership with NSE & ONGC to Build Gas Markets
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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