Edelweiss Broking on Tuesday said it will raise up to Rs 300 crore through the public issuance of non-convertible debentures to support working capital requirements. The issue will open on July 5 and close on July 26 with an option ofEdelweiss Broking on Tuesday said it will raise up to Rs 300 crore through the public issuance of non-convertible debentures to support working capital requirements. The issue will open on July 5 and close on July 26 with an option of
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IDBI Bank’s Gold Loan Biz Crosses, Rs 10,000-Cr Milestone
IDBI Bank on Tuesday said its gold loan portfolio has crossed a Rs 10,000 crore milestone. “IDBI Bank’s gold loan book has achieved a prestigious milestone and has crossed Rs 10,000 crore landmark. In the last two years, the bank’s goldIDBI Bank on Tuesday said its gold loan portfolio has crossed a Rs 10,000 crore milestone. “IDBI Bank’s gold loan book has achieved a prestigious milestone and has crossed Rs 10,000 crore landmark. In the last two years, the bank’s gold
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Demand For Services, New Business Rise At Fastest Pace Since 2011: S&P Global PMI
June data pointed to further accelerations in growth of new business and output at Indian services companies amid ongoing improvements in demand conditions, according to survey-based S&P Global India Services Purchasing Managers Index (PMI). Although firms expect the recovery toJune data pointed to further accelerations in growth of new business and output at Indian services companies amid ongoing improvements in demand conditions, according to survey-based S&P Global India Services Purchasing Managers Index (PMI). Although firms expect the recovery to
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Odisha Tops State Ranking, For Implementation Of National Food Security Act
Odisha has topped in the state ranking for implementation of the National Food Security Act (NFSA) through ration shops, followed by Uttar Pradesh and Andhra Pradesh, the government said on Tuesday. Union Food and Consumer Affairs Minister Piyush Goyal released theOdisha has topped in the state ranking for implementation of the National Food Security Act (NFSA) through ration shops, followed by Uttar Pradesh and Andhra Pradesh, the government said on Tuesday. Union Food and Consumer Affairs Minister Piyush Goyal released the
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ED Conducts Raids Against Vivo, Related Companies, In Money Laundering Probe
The Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the PreventionThe Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the Prevention
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Rupee Ends At Fresh Low Of 79.37; Record Trade Deficit To Drag It To 82/US Dollar
Rupee has been depreciating and seeing new lows. For now the gains in the dollar index and the surprising trade deficit which for June came in at record high is weighing on the rupee. As per a Reuters report, rupee wasRupee has been depreciating and seeing new lows. For now the gains in the dollar index and the surprising trade deficit which for June came in at record high is weighing on the rupee. As per a Reuters report, rupee was
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Rakesh Jhunjhunwala-Promoted Akasa Air Unveils First Look, OfIits Crew Uniform
Ace stock market investor Rakesh Jhunjhunwala-promoted starup carrier Akasa Air on Monday unveiled the first look of its crew uniform as it gets ready for take-off likely by this month-end. Akasa Air, which received the delivery of its first Boeing 737Ace stock market investor Rakesh Jhunjhunwala-promoted starup carrier Akasa Air on Monday unveiled the first look of its crew uniform as it gets ready for take-off likely by this month-end. Akasa Air, which received the delivery of its first Boeing 737
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GST On Pre-Packed Labelled Food Items,To Increase Traders’ Compliance Burden, Raise Prices: CAIT
Traders’ body CAIT on Monday said the decision to levy 5 per cent GST on pre-packed and labelled food items will cause loss of business to foodgrain traders, increase compliance burden and raise the prices of unbranded everyday essentials. Confederation ofTraders’ body CAIT on Monday said the decision to levy 5 per cent GST on pre-packed and labelled food items will cause loss of business to foodgrain traders, increase compliance burden and raise the prices of unbranded everyday essentials. Confederation of
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Windfall Tax: $12 Margin Hit For Reliance; Govt Rakes, In Rs 1.3 Lakh Cr
The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC’s earnings severely while shaving off up to USD 12 per barrel in refining margins for Reliance Industries Ltd. The new levies will giveThe windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC’s earnings severely while shaving off up to USD 12 per barrel in refining margins for Reliance Industries Ltd. The new levies will give
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Gold Prices Zoom By Rs 241 Amid Firm Global Cues
Gold in the national capital on Monday rose by Rs 241 to Rs 52,048 per 10 grams amid firm global trends, according to HDFC Securities.In the previous trade, the yellow metal settled at Rs 51,807 per 10 grams, according to PTI.{image-gold-weigh-600-28-1477638113.jpgGold in the national capital on Monday rose by Rs 241 to Rs 52,048 per 10 grams amid firm global trends, according to HDFC Securities.In the previous trade, the yellow metal settled at Rs 51,807 per 10 grams, according to PTI.{image-gold-weigh-600-28-1477638113.jpg