News Overview

Chennai-headquartered NBFC, Five Star Business Finance, provides secured business loans to micro-entrepreneurs and self-employed individuals, each of whom is largely excluded by traditional financing institutions.

Sales decline 16.67% to Rs 0.90 crore

Sales rise 10.01% to Rs 11.21 crore

Sales rise 420.00% to Rs 0.52 crore

Reported sales nil

Sales reported at Rs 18.56 crore

Following such conversion, the government’s stake in the company will be 9.5%, subject to necessary approvals by DoT.

The Mainland China share market finished session lower on Tuesday, 11 January 2022, as investors grappled with an uptick in COVID-19 infections in the country and worries that the normalization of U.S. monetary policy might be brought forward to fight inflation. At close of trade, the benchmark Shanghai Composite Index declined 0.73%, or 26.08 points, to 3,567.44. The Shenzhen Composite Index, which tracks stocks on […]

The Indian rupee surged 14 paise to close at 73.91 (provisional) against the US dollar on Tuesday, tracking a weak American currency in the overseas market and firm trend domestic equities. At the interbank forex market, the local unit opened strong at 73.94 against the greenback and witnessed an intra-day high of 73.83 and a low of 74.00. It finally settled at 73.91, a rise […]

Gold edged up today, extending a break above $1800 per ounce as weakness in the US dollar and steady buying support in dips boosted sentiments. The yellow metal currently trades at $1805 per ounce, up 0.35% on the day. The US Dollar Index is trading down marginally at 95.87. Gold is tracking cues from Bitcoin too as the leading cryptocurrency fell to a near four […]