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RBI fixed price for Sovereign Gold Bond Scheme 2021-22
... government's consultation with the RBI. The issue price of Gold Bond will be Rs 5,059 per gram of gold. The issue price for the previous series was Rs 4,786 per gram of gold. The bonds will be sold through banks except Small Finance Banks and Payment Banks Stock Holding Corporation of India Limited SHCIL designated post offices, and recognized stock exchanges viz. The Sovereign Gold Bond Sovereign Gold Bond Scheme was launched in November 2015 with the aim of reducing demand for physical gold and shifting a portion of the domestic savings that are used for the purchase of gold into financial savings....
Updated: 02/25/2022
Draft red herring prospectus (DRHP) for IPO
The information about companies listed on stock exchanges is in public domain for everyone to see. What are the companies that are not listed, Yet a company goes for an IPO to raise money and hit the primary market, a draft red herring brand The information about companies listed on stock exchanges ...
Updated: 02/25/2022
India Inc. focused on governance practices in 2021
... constituents account for about 67 per cent of the total market capitalisation. The framework for the Indian Corporate Governance Scorecard was developed over 2015 and 2016 by International Finance Corporation IFC , a member of the World Bank Group and Bombay Stock Exchange BSE and IiAS . In the year 2021, 8 firms moved from the Good category to the Leadership category in 2020. The financials, consumer discretionary, and industrials sectors have shown an improvement in their governance scores based on industry ...
Updated: 02/22/2022
Shares in Nykaa, Zomato among others fall sharply
... leadership, strong balance sheet and focus on profitability. The unicorn hit the 1 lakh crore market cap with a bumper debut on bourses. The stock opened at Rs 116, 52.63 per cent higher on the NSE against the issue price of Rs 76. The listing price on the Bombay Stock Exchange was 115, up 51.32 per cent. The shares of Nykaa listed at a premium of 79 per cent to the issue price, marking a strong listing for the online beauty retailer. The company made its market debut at Rs 2,001 per share on the BSE against the IPO ...
Updated: 02/22/2022
Connergent Fund to acquire 43.7% of Jagsonpal
... advised by Convergent Finance LLP , Jagsonpal announced the execution of an agreement with the existing promoter shareholders to acquire 43.7% of Jagsonpal's outstanding shares at a price of INR 2,692 mm USD 36.0 mm, Jagsonpal's shares are listed on the Bombay Stock Exchange and National Stock Exchange. The proposed transaction will trigger a mandatory open offer for an additional 26% of the outstanding shares, in accordance with the applicable regulations of the Securities and Exchange Board of India. The acquisition ...
Updated: 02/21/2022
Ambuja Cements shares plunge after quarter results
... increased by 2.31 per cent to 7,625. Compared to Rs 7,452, the 28 crore was compared to Rs 7,452. In the year-ago period, there were 87 crore. The firm's consolidated results also include the financial performance of its step-down firm ACC Ltd. The stock opened 3 per cent lower at Rs 348.50 against the previous close of Rs 359.40. The shares were trading 5.05 per cent lower at Rs 341.25 at the time of 13: 30 hours. The firm's market cap fell to 67,760. The shares are lower than 5 day, 20 day, 50 ...
Updated: 02/18/2022
Adani Green Energy shares rally 6,969% in last three years
The shares of Adani Green Energy have rallied 6,969% in the last three years. The stock closed at Rs 30.1 on February 18th, 2019 and rose to a high of 2128.9 on the BSE The shares of Adani Green Energy have rallied 6,969% in the last three years. The stock closed at Rs 30.1 on February 18th, 2019 and rose to a high of 2128.9 on ...
Updated: 02/18/2022
Nestle India shares dip nearly 3% after quarterly net profit
The stock of Nestle India fell nearly 3% in early trade after the FMCG giant reported a 19.99 per cent year-on-year Yo fall in net profit for the October-December quarter. The stock of Nestle India fell nearly 3% in early trade after the FMCG giant reported ...
Updated: 02/18/2022
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