Edelweiss Financial Services arm raises fund via NCDs Edelweiss Financial Services arm raises fund via NCDs Pratik Shastri / Wednesday, January 22, 2020 / Article rating: 3.0 The stated debentures offer an effective yield of up to 10.25 per cent along with 0.20 per cent additional interest for tenure of 18 months, 36 months, 60 months and 120 months.
Quarterly results to watch out on January 23 Quarterly results to watch out on January 23 Geyatee Deshpande / Wednesday, January 22, 2020 / Article rating: 4.2 The following stocks will be in focus during Thursday’s trading session in the light of their result announcements: Biocon, PVR, Radico Khaitan, HDFC Life Insurance Company and Cholamandalam Investment Finance Company.
ICICI Lombard gets regulatory nod to pilot 5 proposals ICICI Lombard gets regulatory nod to pilot 5 proposals Anthony Fernandes / Wednesday, January 22, 2020 / Article rating: 3.3 ICICI Lombard announced that it has received a green signal to pilot five innovative applications and programs in its health and motor portfolio under the Insurance Regulatory and Development Authority of India (IRDAI) introduced Sandbox project. The company is to pilot the five proposals from February 1, 2020 to July 31, 2020.
Man Infraconstruction receives LoA, stock closes in green Man Infraconstruction receives LoA, stock closes in green Pratik Shastri / Wednesday, January 22, 2020 / Article rating: 2.9 The port rail corporation is a Government of India (GoI) enterprise, which has given the work order for modification in Jawaharlal Nehru Port trust (JNPT) rail yard and further work of development of integrated common rail yard facility at JNPT in Navi Mumbai.
Closing bell: Sensex erase gain by ending 200 points lower Closing bell: Sensex erase gain by ending 200 points lower Avalokita Pandey / Wednesday, January 22, 2020 / Article rating: 4.5 During Wednesday’s trading session, Sensex and Nifty erased their gains as Sensex slipped by 0.50 per cent and closed at 41,115.38 level while, Nifty closed at 12,106.90, down by 0.52 per cent.
Power Mech gains on receiving order Power Mech gains on receiving order Geyatee Deshpande / Wednesday, January 22, 2020 / Article rating: 5.0 Power Mech Projects announced that it has received orders worth Rs 351 crore in total. As a result of this announcement, the stock of the company gained by more than 2 per cent.
Lesser-known facts about ELSS Lesser-known facts about ELSS Henil Shah / Wednesday, January 22, 2020 / Article rating: 3.5 ELSS is one of the most popular investment avenues for tax saving. However, there are some of the lesser-known facts about it. So, let’s find out what are they!
Dilip Buildcon surges on getting completion certificate for highway project Dilip Buildcon surges on getting completion certificate for highway project Nidhi Jani / Wednesday, January 22, 2020 / Article rating: 5.0 As on September 30, 2019, the company’s order book stood strong at Rs 20,292.60 crore, which translates into a book-to-bill of 2.2x, giving a revenue visibility for the next two years.
HCL launches Microsoft Business Unit for digital transformation HCL launches Microsoft Business Unit for digital transformation Avalokita Pandey / Wednesday, January 22, 2020 / Article rating: 4.0 Hindustan Computers Limited (HCL) Technologies, a subsidiary of HCL Enterprise, announced the launch of a dedicated Microsoft Business Unit (MBU) in order to help joint customers by taking initiatives related to digital transformation.
Five stocks with selling interest Five stocks with selling interest Abhishek Kapoor / Wednesday, January 22, 2020 / Article rating: 4.9 The market opened in the green on 22nd January, overall volumes in futures & options currently stand at 1.80 crore contracts with a turnover of Rs. 12,82,524.23 crore.