Bank of Baroda Successfully Raises ₹5,000 Crore Through Long-Term Infrastructure Bonds On September 9, 2023, Bank of Baroda made a significant stride in its financing endeavors by successfully raising ₹5,000 crore through the issuance of 10-year long-term infrastructure bonds. The bonds, which come with an attractive coupon rate of 7.26 percent per annum, indicate a ...
Analyzing Ather Energy’s Market Position and Financial Health Ather Energy is an electric vehicle manufacturer that has recently submitted its draft red herring prospectus (DRHP) to the market regulator. However, experts express concerns regarding the company’s financial figures and market positioning. As of FY 2024, Ather’s revenue growth appears to be stagnant, and the company ...
Overview of GST Collection from Real Money Gaming in India The real money gaming industry in India has witnessed a remarkable surge in Goods and Services Tax (GST) collections, showcasing a tremendous growth trajectory. Between October 2023 and March 2024, GST collection from this sector skyrocketed by an impressive 412% to reach Rs 6,909 crore. ...
PNB Housing Finance Stock Performance: A Detailed Overview Overview of Recent Developments PNB Housing Finance has been making headlines with its stock price reaching an impressive Rs 1,100 during trading on September 9. This surge can be attributed to the company’s announcement of plans to raise Rs 2,500 crore through non-convertible debentures (NCDs). Following this ...
Gold Prices Experience Fluctuations Amid Global Economic Signals On September 9, gold futures dropped by Rs 126, settling at Rs 71,300 per 10 grams. This decline mirrored a global downturn in gold prices, which decreased by 0.38 percent to $2,488.05 per ounce. The market was influenced by weak global economic indicators, which have contributed to ...
Samsung Faces Backlash from Mobile Retailers Over E-Commerce Practices In a significant turn of events, mobile phone retailers in India have raised serious concerns regarding Samsung’s business practices, particularly favoring major e-commerce platforms such as Amazon and Flipkart. Retailers argue that Samsung is providing exclusive access to its products and special discount offers to these ...
SpiceJet’s Strategic Move: Raising Rs 3,000 Crore Through QIP SpiceJet, one of India’s leading low-cost airlines, is making significant strides in its financial strategy by initiating investor roadshows across key cities including Mumbai, Singapore, and Hong Kong. The airline aims to generate substantial investor interest in its upcoming qualified institutional placements (QIPs), with a target ...
Direct Flights from Uzbekistan to Goa: A New Gateway for Tourism In an exciting development for travel enthusiasts, Uzbekistan Airways has announced the launch of a direct flight route connecting Tashkent to the beautiful coastal paradise of Goa. Set to commence on October 27, 2024, this weekly service will operate two days a week, significantly ...
