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Consequent to Closing adjustments, Enterprise Value for this acquisition is ~Rs416 Crore.

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Anita will also hold a chair on the Nomination & Remuneration Committee and the CSR committee of the company.

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ICRA has also reviewed and reaffirmed the rating for the Commercial Papers amounting to Rs300 crore as ‘ICRA A1+’.

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Business Wire India From L to R: Vinay Ahuja, Executive Director, IIFL Wealth; Atul Nishar, Founder Hexaware, Azent Overseas; Naveen Raju, Executive Director, TiE Mumbai, Ronak Sheth – Head, Marketing & Client Experiences, IIFL Wealth and Amit Mookim, President TiE Mumbai unveil the India Invests Report 2022 at TiEcon Mumbai   Key highlights:   FY22 recorded 2182 deals worth $69.15 billion, a 47% surge in […]

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The domestic equity barometers traded with limited losses in early trade. The Nifty traded below the 15,750 level. Banks, financials and realty stocks declined while metals and FMCG stocks edged higher. At 09:23 IST, the barometer index, the S&P BSE Sensex, was down 205.74 points or 0.39% to 52,640.96. The Nifty 50 index fell 53.45 points or 0.34% to 15,720.95. The NSEs India VIX, a […]

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The Indian rupee is likely to restrict some of its sharp losses on Tuesday, as the US dollar is seen limiting sharp spike in early Asia. Weak Asian currencies, persistent foreign capital outflows and strength in dollar kept rupee under pressure for three straight days. On Monday, rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the US dollar. […]

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The board also approved Bonus Issue of 25,61,58,220equity shares to existing shareholders of the Company in the ratio of 2:1.

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No significant investment has been made by the company in the Joint Venture company except for Rs74,900 towards the initial subscribers.

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Nifty Realty tumbled by 1%. Nifty IT, Financials, Banking and Nifty Media stocks also fell drastically.

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The consumer pricing index-based (CPI-based) inflation rate for May 2022 fell from an eight-year high in April to 7.04 %

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