News Overview

Business Wire India On April 15, 2022, East Stone Acquisition Corporation, a British Virgin Island business company (“East Stone”), entered into a Business Combination Agreement (the “Business Combination Agreement”) providing for the business combination (the “Business Combination”) of East Stone and ICONIQ Holding Limited, a Cayman Islands company engaged in the business of developing smart electric vehicles (the “Company”), under a new holding company named […]

The company has fixed the Buy Back price of Rs1,150 per equity share and the aggregate amount of Buy Back upto Rs750 million, excluding any expenses incurred or to be incurred for the Buy Back viz.

The benchmark indices continued to trade with steep losses in the morning trade. The Nifty traded below the 15,500 level. Barring PSU bank scrips, all the sectoral indices on the NSE were currently in the red. Negative Asian stocks impacted the sentiment. At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 461.08 points or 0.88% to 52,070.99. The Nifty 50 index declined […]

Record date for dividend is 27 June 2022

Delhivery is building a 7-lakh square foot mega-gateway in Greater Mumbai in collaboration with Welspun, and it is working with GMR to build a 1 million square foot facility in Bangalore.

On 21 June 2022

New Zealand posted a merchandise trade surplus of NZ$263 million in May, Statistics New Zealand reported. Exports were worth NZ$6.95 billion last month, accelerating from the downwardly revised NZ$6.16 billion in the previous month (originally NZ$631 million). Imports came in at NZ$6.69 billion, up from the downwardly revised NZ$5.72 billion in April (originally NZ$5.73 billion).Powered by Commodity Insights

On conversion of warrants

Delhivery has announced plans to expand its infrastructure in two key cities of Bhiwandi (Greater Mumbai) and Bangalore. Delhivery is collaborating with Welspun on a 7 Lakh sq ft mega-gateway in Greater Mumbai and with GMR for a 1 Million+ sq ft facility in Bangalore. The Bangalore facility also includes a warehouse for multi-channel order fulfillment for Delhiverys customers. These fully-automated large integrated trucking terminals […]

India is putting up a plan to expand its limited special economic zones (SEZs), which are currently only focused on exports, into all-encompassing economic hubs in order to draw in more foreign investment.