News Overview

MSTC has received reaffirmation in credit ratings from Acuite Ratings & Research as under: Long term bank facilities (Rs 58.25 crore)- Acuite A+; Stable Short term bank facilities (Rs 275 crore) – Acuite A1+ Powered by Capital Market – Live News

COMEX Gold futures stayed supported after a drop under $1800 per ounce at the start of the New Year. The sustained selling pressure in Bitcoin, which lingers around $46000 mark is capping downside for Gold. The leading cryptocurrency has been under stress following the drop under $50000 level. Gold is also witnessing buying support on firm Indian demand trends. COMEX Gold futures are currently quoting […]

Business Wire India CellPoint Digital, a leading global provider of digital commerce and payment solutions, today announced an equity financing round of $25M provided byToscafund and its private equity arm, Penta Capital, to build on a series of major successes in recent years.   The move follows a series of investments by Toscafund and Penta Capital into CellPoint Digital following their initial investment in 2019 […]

From CARE

The rating reaffirmation continues to factor in PNB Gilts Limited’s strong parentage in the form of Punjab National Bank.

Although IT stocks witnessed a steep selloff, the impact was overpowered by outperformance seen in banking, financials, auto, metals and oil & gas stocks.

On fund-based/Non-fund based Limits of the company ICRA A (Stable) / ICRA A2+ rating has been assigned.

The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc

The ratings have been removed from Credit Watch with Developing Implications; Stable outlook assigned.

The Indus Food 2022 will be organised from January 08 to January 10, 2022.