News Overview

Business Wire IndiaCyril Amarchand Mangaldas advised Navi Finserv Limited (Navi Finserv), in relation to its maiden public issue of secured, rated, listed & redeemable non-convertible debentures (NCDs) to raise INR 495 crore. CAM also advised A.K. Capital Services Limited and JM Financial Limited, the Book Running Lead Managers (BRLMs) to the issue.   The Capital Markets Practice and the Finance Practice of Cyril Amarchand Mangaldas […]

To scale up the operations and expand its business manifold, the company is in advanced stages of negotiations with various premier brands.

Amount to be raised through private placement as IPO plans shelved

The key equity benchmarks traded near the days high with decent gains in the mid-afternoon trade. The Nifty traded above the 16,300 mark. Realty, bank and PSU bank stocks advanced while media, IT and FMCG shares corrected. At 14:28 IST, the barometer index, the S&P BSE Sensex, was up 157.22 points or 0.29% to 54,678.37. The Nifty 50 index added 44.75 points or 0.27% to […]

Advanced Enzyme Technologies Ltd witnessed volume of 7.21 lakh shares by 14:14 IST on NSE, a 15.59 times surge over two-week average daily volume of 46205 shares

As Russia is battered by sanctions from the west, Gazprom has defaulted on an agreement with GAIL for the supply of LNG

Polycab India advanced 3.75% to Rs 2234.80 after the companys consolidated net profit surged to Rs 222.5 crore in Q1 FY23 from Rs 75.3 crore in Q1 FY22.

According to the Solvent Extractors' Association (SEA) of India, the exports were 2,03,868 tonnes in the same month the previous year.

The UK unemployment rate remained unchanged in three months to May, data from the Office for National Statistics showed. The ILO unemployment rate came in at 3.8 percent in three months to May, unchanged from three months to April but down by 0.1 percentage points on the quarter. Payrolled employees increased 31,000 on the revised May figures, to a record 29.6 million in June. In […]

Bank of Maharashtra had a decent Q1 with increase in both Net Interest Income and Net Interest Margin.