In this episode, find out about Hero Moto Corp’s plans to set up electric charging stations along with BPCL, also find out about Crompton Greaves’ acquisition plans The Securities and Exchange Board of India (Sebi) has issued a show-cause notice to Reliance Industries for alleged violation of ‘Principles for fair disclosure’ while handling unpublished price-sensitive information (UPSI). That’s according to a disclosure by Data Infrastructure Trust – a joint venture between Reliance and private equity company Brookfield. Data Infra trust is seeking approval for floating an Infrastructure investment trust (InvIT).Sun Pharma: subsidiary Taro has announced acquiring Alchemee, formerly The Proactiv Co (TPC), from Galderma for $90 million. Alchemee creates & markets dermatologist-tested treatmentsHero MotoCorp: Has collaborated with Bharat Petroleum to set up charging infrastructure for electric two-wheelers across the country. In the first phase, charging stations will be set up across nine cities, starting with Delhi and Bengaluru. The network will be then expanded across the country.IIFL Home Finance: Has signed a $68 million loan with Asian Development Bank (ADB) to improve funding to affordable green housing for lower-income groups in India. The funding comprises a direct ADB loan of up to $58 million and a $10 million concessional loan by the Canadian Climate Fund for the Private Sector in Asia.Jet Airways: The new promoters of Jet Airways–Jalan-Kalrock consortium–has appointed former Sri Lankan Airlines chief executive Vipula Gunatilleka as chief financial officer of the airline. Gunatilleka, who will be joining the airline from 1 March, is credited for the turnaround of loss-making national carrier of Angola, TAAG Angola Airlines, where he he was CFO and board member.Crompton Greaves will be in focus as the company has announced the acquisition of controlling stake in Butterfly Gandhimathi Appliances for an aggregate consideration Rs 2,076.6 crHongkong and Shanghai Banking Corporation Limited’s (HSBC) India operations reported an 8% jump in profit before tax to $1.11 billion in the year ended 2021 led by growth in income from its commercial banking business. India is the fourth largest contributor to the bank’s global profit behind Hong Kong, UK and China.Moving on to marketsThe key US indices closed with significant losses on Tuesday. Dow Jones dropped 1.4 per cent. The S&P 500 and Nasdaq slipped 1 per cent and 1.3 per cent, respectively.However, markets in Asia this morning were seen trading cautiously in the positive zone. The key benchmark indices may start on a positive note. SGX Nifty March Futures was up 100 points to 17,250 levelsThe rupee ended at 74.87 against the U.S. dollar on Tuesday as compared to Monday’s closing of 74.51.
Business term of the dayA sovereign bond is a debt security issued by a national government to raise money for financing government programs, paying down old debt, paying interest on current debt, and any other government spending needs. Sovereign bonds are a way governments raise money in addition to tax revenue.
In this episode, find out about SEBI’s search operations in social media stock tips scam, also find out why US markets fell during trade Business Term of the Day: Tax planning Read more
In this episode, find out about SEBI’s search operations in social media stock tips scam, also find out why US markets fell during trade Business Term of the Day: Tax planning Read more
In this episode, find out about SEBI’s decision to clear the LIC IPO, also find out about RIL’s decision to terminate lease for 835 Future Retail stores Business Term of the Day: ... Read more
In this episode, find out about SEBI’s decision to clear the LIC IPO, also find out about RIL’s decision to terminate lease for 835 Future Retail stores Business Term of the Day: Supply shock Read more
In this episode, find out about NSE CEO Vikram Limaye’s plan to step down after his tenure ends in July, also find out why oil companies will be in focus in trade today Business T ... Read more
In this episode, find out about NSE CEO Vikram Limaye’s plan to step down after his tenure ends in July, also find out why oil companies will be in focus in trade today Business Term of the Day: Unified Payment Interface Read more
In this episode, find out about TCS’ Rs 18,000 crore share buyback plan, also find out ICICI bank’s plans to raise infrastructure bonds. Business Term of the Day: Generic drugs Read more
In this episode, find out about TCS’ Rs 18,000 crore share buyback plan, also find out ICICI bank’s plans to raise infrastructure bonds. Business Term of the Day: Generic drugs Read more
In this episode, find out why Indian markets are set to open lower today, also find out about PNB Housing Finance’s equity raising plan after a failed attempt last time Business T ... Read more
In this episode, find out why Indian markets are set to open lower today, also find out about PNB Housing Finance’s equity raising plan after a failed attempt last time Business Term of the Day: Limited Partners Read more
In this episode, find out about Amazon & Future Group's out of court settlement talks, also find out about Aditya Birla & Vodafone Group's Rs 4500 crore lifeline to Vodafon ... Read more
In this episode, find out about Amazon & Future Group's out of court settlement talks, also find out about Aditya Birla & Vodafone Group's Rs 4500 crore lifeline to Vodafone Idea Business Term of the Day: Rupee-Ruble trade arrangement Read more
In this episode, find out why the sale of FCMG goods fell in the December quarter, also find out about lenders' plan to convert Suzlon Energy’s debt into equity Business Term of t ... Read more
In this episode, find out why the sale of FCMG goods fell in the December quarter, also find out about lenders' plan to convert Suzlon Energy’s debt into equity Business Term of the Day: Buyback of shares. Read more
In this episode, find out who is the latest contender to buy out IDFC Asset Management Company, also find out about Maruti Suzuki’s plans to enter the electric car segment
Business ... Read more
In this episode, find out who is the latest contender to buy out IDFC Asset Management Company, also find out about Maruti Suzuki’s plans to enter the electric car segment
Business Term of the Day: Economic Sanctions Read more
In this episode, find out about equity raising plans of Indian Hotels and Vodafone plc, also find out about who is biddig for Actis Llp’s Indian renewable energy platform Sprng Ene ... Read more
In this episode, find out about equity raising plans of Indian Hotels and Vodafone plc, also find out about who is biddig for Actis Llp’s Indian renewable energy platform Sprng Energy Business Term of the Day: Monetary policy committee 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.