• posted by IMV |
  • 09/12/2019

 MONEYCONTROL • Dish TV India: CARE cut the company's short-term debt rating to D from A4+. • IRB Infrastructure: The board approved raising Rs 1,400 crore via NCDs. • Punjab & Sind Bank: Lender approved raising capital up to Rs 500 crore through QIPs. • Escorts: CRISIL reaffirmed its long-term rating on the company at AA- with a stable outlook. • Axis Bank: Jairam Sridharan resigned as...

  • posted by IMV |
  • 06/12/2019

MONEYCONTROL • Yes Bank: Moody's downgraded bank's ratings and assigned negative outlook. • Allcargo Logistics: The company will buy 1.04 crore shares of Gati at Rs 75 per share and to make an open offer for 26 percent Gati stake at Rs 75 per share. • Bank of Baroda: Board approved raising up to Rs 1,850 crore in Tier-I bonds. • Tata Motors: JLR November UK sales fell to 8,199 units against 9,055...

  • posted by IMV |
  • 05/12/2019

 MONEYCONTROL • Vedanta: The board of the company approved raising up to Rs 3,000 crore via NCDs. • HDFC AMC: The company is to use a greenshoe option for 0.86 percent more stake sale via offer for sale. • Gayatri Projects: The company's subsidiary is to sell a 5.95 percent stake in Sembcorp Energy for Rs 410 crore. • Bharti Airtel: The board approved raising up to $3 billion via debt and equity....

  • posted by IMV |
  • 04/12/2019

MONEYCONTROL • HDFC AMC: Standard Life is to sell up to 2.23 percent stake in the company via offer for sale. • Bajaj Finance: The company's current exposure to Karvy is approximately Rs 312 crore. • Nestle India: The company declared an interim dividend of Rs 55 per share for 2019. • CSB Bank: The lender is to make a debut on bourses on December 4, final issue price at Rs 195 per share. • PSU Banks:...

  • posted by IMV |
  • 03/12/2019

Most of our subscribers are interested in Yes Bank. Is it the right time to Invest??? Some simple questions you need to answer...  Are you ready to open an account in Yes Bank? Have you seen any new branch of Yes Bank? Do you have confidence that management will solve the major issues as soon as possible? Our answer is NO... A big NO from our side because of weak fundamentals. Surely we will buy but if we see...

  • posted by IMV |
  • 03/12/2019

 MONEYCONTROL • Bank of Baroda: The lender is to consider raising capital funds through the issue of capital debt instruments on December 5. • Godrej Properties: The company has acquired 20 percent issued and paid-up share capital of Yujya Developers Private Limited. • NMDC: Total November production was down 10.6 percent at 2.94 MT versus 3.29 MT, while sales remained flat at 2.79 MT, YoY. •...

  • posted by IMV |
  • 02/12/2019

MONEYCONTROL • Jagran Prakashan: The board will mull share buyback on December 9. • DHFL: RBI filed a plea to start the insolvency process against the company.  • Bharti Airtel: The company will consider raising funds via debt, equity on December 4. • 5paisa Capital: Subsidiary company 5Paisa P2P received a certificate of registration to act as NBFC-P2P from RBI. • Infosys: The company...

  • posted by IMV |
  • 29/11/2019

 MONEYCONTROL • Aurobindo Pharma: USA unit entered in pact with Profectus BioSciences to buy certain business assets for $11.29 million. • CG Power: Company cancelled royalty pact worth Rs 411.2 crore with Avantha Holdings. • Ashoka Buildcon: Company received Letter of Award for development of Bundelkhand Expressway Project. • Kohinoor Foods: Oriental Bank of Commerce declared the company as wilful defaulters...

  • posted by IMV |
  • 27/11/2019

MONEYCONTROL • Container Corporation: The company has signed a settlement agreement with Kohinoor India. • RITES: The government sold 10 percent equity in the company via offer for sale issues on November 22 and 25. • Tata Communications: The company appointed Amur Swaminathan Lakshminarayanan as MD & CEO. • BPCL: Moody's placed Baa2 rating on the review for downgrade on government stake sale. • Coffee...

  • posted by IMV |
  • 26/11/2019

The market closes on a negative note and halting their two-day gain after hitting record highs in the opening trade. S&P BSE Sensex fell 0.17 percent to end at 40,821.30 and the NSE Nifty 50 fell 0.3 percent to end at 12,037.70. The broader markets represented by the NSE Nifty 500 Index fell 0.4 percent.  In the previous trading session, the Supreme Court has given a decision on the floor test which will be held on 27 November and...