Blue Star plans to raise Rs 300 crore via NCDs to meet expenses
Blue Star plans to raise Rs 300 crore via NCDs to meet expenses

Blue Star plans to raise Rs 300 crore via NCDs to meet expenses

Avalokita Pandey Article rating: 3.0

Air-conditioning & commercial refrigeration products maker, Blue Star Ltd, announced that the company is planning to raise Rs 300 crore through the issuance of non-convertible debentures to meet its capital expenditure as well as other expenses after the lockdown.

Cadila exits from Windlas Healthcare
Cadila exits from Windlas Healthcare

Cadila exits from Windlas Healthcare

Geyatee Deshpande Article rating: 3.6

Cadila announced that the board of directors of the company at a meeting held on April 30, 2020, have signed an agreement for the sale of the shares that it holds of Windlas Healthcare Private Limited (WHPL).

Rising gold prices see a mere drop
Rising gold prices see a mere drop

Rising gold prices see a mere drop

Geyatee Deshpande Article rating: 5.0

After the rapid spread of Coronavirus, the gold prices were seen zooming as this safe-haven asset was preferred during the time when the economies globally were busy implementing lockdowns.

Oil prices surge today
Oil prices surge today

Oil prices surge today

Geyatee Deshpande Article rating: 3.8

Crude oil prices have seen a jump lately, as number of signs indicated that US crude glut is increasing at a comparatively lower rate than what was expected earlier thereby, sending an emotion of relief globally.

Benchmark indices end the week in green
Benchmark indices end the week in green

Benchmark indices end the week in green

Geyatee Deshpande Article rating: 5.0

For the benchmark indices, the current week was full of gaining sessions as even today i.e. on April 30, Sensex rose by 997.46 points which is 3.05 per cent higher than its previous close to reach the level of 33,717.62 while, Nifty jumped by 306.55 points, which is 3.21 per cent to be at the level of 9,859.90.

Highest monthly return in April 2020; volumes remain low
Highest monthly return in April 2020; volumes remain low

Highest monthly return in April 2020; volumes remain low

Pratik Shastri Article rating: 3.8

After the announcement of corporate tax cut in September last year, the markets have seen a gradual rise in monthly trading volumes. From 18.43 lakh shares, the average volume reached 24.6 lakh shares from September to February.

GP Petroleums shine post resuming Vasai plant
GP Petroleums shine post resuming Vasai plant

GP Petroleums shine post resuming Vasai plant

Avalokita Pandey Article rating: 5.0

The stock of petroleum lubricating oil & grease manufacturing company, GP Petroleums Ltd (GPPL), jumped over seven per cent after the company announced that it has resumed operations at its 80,000 tonnes Vasai lubricant plant (Maharashtra).

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