In this episode, find out Nxtdigital’s plan to enter broadband over-satellite market, also find out about eMudhra’s tepid listing today.
Business Term of the Day: Red Herring Prospectus Kishore Biyani and his family, the promoters of the debt-laden Future Group, are in talks with Mukesh Ambani-led Reliance Industries Ltd (RIL) to sell the group’s supply chain and logistics businesses, two people aware of the matter said. The Biyani family is also in separate talks with at least three large investors, including Azim Premji’s Premji Invest and billionaire investor Rakesh Jhunjhunwala to sell Future Lifestyle Fashions Ltd, the people said on condition of anonymity. Nxtdigital: Hinduja group firm Nxtdigital and Thaicom have signed a memorandum of understanding to form a strategic partnership to enter the broadband-over-satellite market and related services in India. The defence ministry sealed a contract worth ₹2,971 crore with Bharat Dynamics Limited (BDL) on Tuesday to procure several batches of the Astra MK-I beyond visual range (BVR) air-to-air missiles and associated equipment. The missiles are being procured for the Indian Air Force (IAF) and the Indian Navy, the ministry said. Religare Enterprises: Religare Enterprises and Religare Finvest on Tuesday settled fees of cumulatively more than ₹10.50 crore with market regulator Sebi in a case about alleged financial mismanagement and diversion of funds. eMudhra shares saw a tepid listing on June 1 as the stock debut with 6 percent premium to issue price of Rs 256 per share. The opening price was Rs 271 on the BSE, while it started off day on the National Stock Exchange at Rs 270. This was the 15th listing on the bourses this year after LIC, Adani Wilmar, Campus Activewear, Delhivery etc. Moving on to markets Indian indices climbed up on Wednesday before slipping into red in choppy trade as government data showed that the country’s economic growth slowed to the lowest in a year in the first three months of 2022. The data showed India’s gross domestic product grew 4.1% year-on-year in January-March, below the 5.4% growth in Oct-December and growth of 8.4% in July-Sept. Stocks in Asia wavered as concerns that rates hikes may induce recession kept investors guessing about the outlook for the economy. Shares rose in Japan and Australia, while it wavered in Hong Kong, Shanghai, and South Korea. Business term of the day A Red Herring Prospectus, or offer document, is filed by a company to SEBI (Securities and Exchange Board of India) when it plans to raise money from the public by selling shares of the company to investors. The document is very useful to investors because it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds by filing an IPOs. It also explains how the company aims to use the money that will be raised, the possible risks for investors etc.
In this episode, find out about BPCL’s new ethylene project at Bina refinery, also find out why Fame 2 subsidy on EVs could be slashed Business Term of the Day: Structured credit Read more
In this episode, find out about BPCL’s new ethylene project at Bina refinery, also find out why Fame 2 subsidy on EVs could be slashed Business Term of the Day: Structured credit Read more
In this episode, find out why SEBI has sought a 6 month extension to complete probe no Adani Group, also find out about the new Vedanta CFO. Business Term of the Day: Alternative ... Read more
In this episode, find out why SEBI has sought a 6 month extension to complete probe no Adani Group, also find out about the new Vedanta CFO. Business Term of the Day: Alternative Investment Fund. Read more
In this episode, find out about Godrej promoters’ new family office, also find out why markets are up in trade today. Business Term of the Day: Family office. Read more
In this episode, find out about Godrej promoters’ new family office, also find out why markets are up in trade today. Business Term of the Day: Family office. Read more
In this episode, find out how Vedanta is looking to become a net zero debt company, also find out about India’s manufacturing PMI hitting 4 months high in April Business Term of t ... Read more
In this episode, find out how Vedanta is looking to become a net zero debt company, also find out about India’s manufacturing PMI hitting 4 months high in April Business Term of the Day: CCIL Read more
In this episode, find out about revision in LPF cylinder prices, also find out why SEBI’s investigation into Hindenburg’s allegations is delayed. Business Term of the Day: SaaS Read more
In this episode, find out about revision in LPF cylinder prices, also find out why SEBI’s investigation into Hindenburg’s allegations is delayed. Business Term of the Day: SaaS Read more
In this episode, find out about Abbott India’s recall of thyroid drug, also find out about Hinduja’s winning bid for Reliance Capital Business Term of the Day: Capital gains Read more
In this episode, find out about Abbott India’s recall of thyroid drug, also find out about Hinduja’s winning bid for Reliance Capital Business Term of the Day: Capital gains Read more
In this episode, find out about Serum arm’s plan to double investment in the Biocon unit, also find out about IndiGo’s plan to buy 20 wide-body planes for international operations. Read more
In this episode, find out about Serum arm’s plan to double investment in the Biocon unit, also find out about IndiGo’s plan to buy 20 wide-body planes for international operations. Read more
In this episode, find out about Vedanta’s repayment of all maturing loans and bonds due in April, also find out about Future Retail’s resolution applicants Business Term of the Da ... Read more
In this episode, find out about Vedanta’s repayment of all maturing loans and bonds due in April, also find out about Future Retail’s resolution applicants Business Term of the Day: Volatility Read more
In this episode, find out about Anil Agarwal pledged stake in Hindustan Zinc, also find out about Cholamandalam Investment and Finance co announces maiden debt issue of Rs 5000 cr ... Read more
In this episode, find out about Anil Agarwal pledged stake in Hindustan Zinc, also find out about Cholamandalam Investment and Finance co announces maiden debt issue of Rs 5000 cr. Read more
The Website uses cookies to ensure you get the best experience on our website. If you continue browsing you will be providing your consent to our use of these.
