Globe Textiles Rights Issue of Rs 45.34 crore open for subscription: Funds to fuel growth by enhancing capacity

·       Rights Issue has opened with the issuance of up to 15,11,41,500 Equity shares at Rs. 3 per equity share totalling Rs 45.34 crore. The issue will close on 15th March... Read more »

RBI directives on credit cards bring relief to customers

Customers can heave a sigh of relief as the Reserve Bank of India RBI today issued directives aimed at ensuring greater choice and flexibility in the issuance of credit... Read more »

FM unveils Rs 1349.52 crore loans under 9 schemes in Patna

Patna (Bihar): Union Finance Minister Nirmala Sitharaman, on a day-long visit here on Tuesday, distributed a package of Rs 1349.52 crore loans under nine central government schemes. The schemes... Read more »

Sebi bans 12 entities for operating fraudulent scheme to manipulate price of Co’s shares

Mumbai: In a hard-hitting decision, Sebi, on February 29, banned 12 entities, including promoter of V Marc India Ltd, from the securities market after holding them responsible for allegedly... Read more »

Kalyani Steel’s multi-crore unit in Odisha plans to provide latest technology & 12,000 jobs

Odisha: Kalyani Steel Ltd’s proposed manufacturing complex, planned to come up in Odisha at the cost of Rs 26,000 crore, is expected to introduce innovation measures and provide latest... Read more »

Chances of Recovery are brighter when NPAs are sold early, say ARCs

Mumbai : Asset Reconstruction Companies (ACRs) have called upon the banks to sell them bad loans in early stages so that the chances of recovery become brighter. With the... Read more »

Building Trust in Brand Communications: Lessons from Poonam Pandey’s Fake Announcement

While Indian netizens were dazed by the news of model/actor Poonam Pandey’s fake death, givingrise to a debate on ethics, the shockwaves of this publicity stunt continue to topple... Read more »

Sensex, Nifty close lower after a consecutive 6-day winning streak

Mumbai/Delhi : Benchmark indices, Sensex and Nifty initially rose in the early trade on Wednesday but ended in the red at close mainly due to downfall in IT stock... Read more »

NSE grants in-principle approval to Globe Textiles for Rights issue of upto Rs. 49 cr: Funds to fuel growth by enhancing capacity and smoothen operation

· Rights Issue will open on 6th March 2024 with issuance of up to 15,11,41,500 Equity shares at Rs. 3 per equity share totalling up to Rs 49 crores.... Read more »

Air India & Tata Advanced Systems Ltd plan to invest Rs 2,300 crore in Karnataka

Bangalore: Tata Group Companies, Air India and Tata Advanced Systems Ltd (TASL) plan to invest Rs 2,300 crores in Karnataka in multiple projects which is expected to provide employment... Read more »