Arman Financial Services Ltd, a leading Gujarat-based non-banking financial company (NBFC), announced that its wholly-owned subsidiary-Namra Finance Ltd, which manages the microfinance business of the group, raised Rs 66.3 crore of debt capital from Micro Units Development and Refinance Agency (MUDRA) and IIV Mikrofinanzfonds, Germany (external commercial borrowing).

On the other hand, a lower crude oil price is likely to benefit the aviation companies as they have reduced the fare to pass on the benefit as well as to boost the demand. However, grounding of the domestic and international flights would weigh on the benefit of lower crude oil prices.

The market opened in the green on March 24, 2020, overall volumes in futures & options currently stand at 78 lakh contracts with a turnover of Rs. 4,16,817.72 crore.

On Tuesday, rating agency, CRISIL placed its rating on the long-term bank facilities of PVR Limited on ‘rating watch with negative implications’ following the closure of multiple movie theatres across India post orders of state governments to contain the spread of Coronavirus.

The market opened in the green on March 24, 2020, overall volumes in futures & options currently stand at 78 lakh contracts with a turnover of Rs. 4,16,817.72 crore.

The market opened in the green on March 24, 2020. The previous trading session witnessed the Sensex going down by 13.15 percent to end at 25,981 and the Nifty was down by 12.98 percent to close at 7,610.

The market opened in the green on March 24, 2020. The previous trading session witnessed the Sensex going down by 13.15 percent to end at 25,981 and the Nifty was down by 12.98 percent to close at 7,610.

Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has informed that its TDI-II Plant has now resumed its normal production after the completion of its scheduled maintenance.

Axis Bank has dedicated Rs 100 crore to customers, employees, vendors, government agencies for supporting them in fighting against the deadly disease and combat the impact of Coronavirus. 

The country’s central bank on Monday said that it will inject more liquidity into the market for which, it announced long-term repo operations (LTRO) of Rs 1 lakh crore that will be carried out in two tranches