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 »

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 »

Domestic indices end lower amid monthly expiry and expected release of GDP data

Mumbai/Delhi: Domestic Benchmarks, Sensex and Nifty closed lower on Wednesday amidst selling in all sectors with small and madcaps being hit the most in the wake of monthly expiry... 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 »

Globe Textiles announces “FASHION ATTIRE DIVISION”: Expands capabilities and provide a one-stop destination for global consumers

Globe Textiles (India) Limited (GTIL) (NSE: GLOBE), a renowned leader in the textile industry engaged in the manufacture, supply and trade of a complete range of textile and apparel... 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 »

ANMI’s 13th International Convention 2024 Culminates with the Release of a Report on Roadmap for Inclusive Development of Indian Capital Markets

●      The 13th International Convention focused on the theme of Bharat: A Global Hub of Opportunities ●      A panel of experts deliberated on strategies to expand India’s capital market. ●      Released Insightful Report... 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 »