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Glenmark Life Sciences plans ₹1,500-2,000 cr IPO - The Hindu BusinessLine

April 01, 2021
The API subsidiary of Glenmark Pharmaceuticals to file DRHP “soon”, use proceeds to reduce debt
Mumbai-based drug-maker Glenmark Pharmaceuticals is readying for an initial public offering of its wholly owned subsidiary Glenmark Life Sciences (GLS), with the firm aiming to raise about ₹1,500-2,000 crore in this financial year.
Glenmark Life Sciences is expected to file a draft red herring prospectus (DRHP) with the markets regulator “soon”, even as it has roped-in Goldman Sachs, Kotak Mahindra Capital, BoFa Securities and DAM Capital as advisers to the issue. GLS, the Active Pharmaceutical Ingredient (API) arm of Glenmark Pharmaceuticals, intends to use the proceeds to reduce debt, sources close to the development told ....

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'Frequent portfolio churn damaging investor returns in mutual funds'

Frequent portfolio churn damaging investor returns in mutual funds
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Mutual fund investors earn much lesser returns that the funds they invest in, shows a recent research done by Axis Mutual Fund.
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Mutual fund investors earn much lesser returns that the funds they invest in, shows a recent research done by Axis Mutual Fund. The research has taken into account the inflows and investor behaviour in equity and hybrid funds for the period of last 18 years and in debt funds for 12 years. The research points out that panic and FOMO both impact investor returns considerably over a long investment horizon both in lumpsum and SIP. ....

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BlackRock North American Income Trust Plc - Portfolio Update

BlackRock North American Income Trust Plc - Portfolio Update
PR Newswire
The information contained in this release was correct as at
28 February 2021. Information on the Company s up to date net asset values can be found on the London Stock Exchange Website at:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html.
BLACKROCK NORTH AMERICAN INCOME TRUST PLC (LEI:549300WWOCXSC241W468)
All information is at
One
178.12p
179.44p
6.0%
£143.2m
1.1%
1 Based on four quarterly interim dividends of 2.00p per share declared on 20 March 2020, 5 May 2020, 6 August 2020 and 4 November 2020 for the year ended 31 October 2020, and based on the share price as at close of business on 28 February 2021. ....

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Dell Updates EMC PowerEdge Portfolio With 17 Next-generation Servers

Dell Updates EMC PowerEdge Portfolio With 17 Next-generation Servers
ROUND ROCK (dpa-AFX) - Dell Technologies (DELL) unveiled EMC PowerEdge server portfolio, reimagined with 17 new PowerEdge servers and bolstered by 1,100 Dell-owned or filed U.S. patents. PowerEdge servers now feature PCIe Gen 4.0 - doubling throughput performance over the previous generation - and up to six accelerators per server. These technologies, coupled with PowerEdge s autonomous intelligence, make this the most AI-enabled PowerEdge portfolio to date, Dell said.
The latest portfolio features two all-new, accelerator-optimized servers: PowerEdge XE8545, and PowerEdge R750xa. The PowerEdge XE8545, a powerhouse for AI workloads, combines up to 128 cores of 3rd Generation AMD EPYC processors, and four NVIDIA A100 GPUs. The PowerEdge R750xa, purpose-built to boost acceleration performance, is powered by the 3rd Generation Intel Xeon Scalable processors and supports up to four double-wide GPUs and six si ....

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Eagle Plains Resources Ltd: Eagle Plains Acquires Additional Claims to Uranium Portfolio, Saskatchewan

Eagle Plains Resources Ltd: Eagle Plains Acquires Additional Claims to Uranium Portfolio, Saskatchewan
CRANBROOK, BC / ACCESSWIRE / March 17, 2021 / Eagle Plains Resources (TSXV:EPL) has completed staking activity adding 989 ha to the 2410 ha
Lazy Edward Bay Project located about 60 kilometers west of the Key Lake Mill and historic mine. The claims are owned 100% by EPL and have no underlying encumbrances.
Lazy Edward Bay consists of four claims immediately south of the southern margin of the Athabasca Sandstone and east of the Cable Bay Shear Zone, a crustal-scale, regional geological boundary. The project covers several shallow uranium exploration targets including three priority geophysical anomaly targets identified by a 2010 high sensitivity airborne magnetic gradiometer survey carried out by JNR Resources. The property has never been drilled. ....

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