HDB Financial To Raise Rs 500 Crore By Sep 27 Bonds.
HDB Financial Services in India plans to raise Rs 500 crore ($59.85 million) through the reissue of bonds maturing in September 2027. Three bankers confirmed this information as per Business Standard. The company will offer an annual yield of 8.35% on this bond reissue. This makes them a good investment choice for institutional investors and […]
5 Commonly Used Methods For Unlisted Company Valuation
Valuing listed stocks on major exchanges is straightforward due to readily available market prices. However, determining the fair value of unlisted shares presents challenges because they do not have readily available market prices. In such cases, valuation often hinges on book values or speculative assumptions. The pursuit of maximizing returns drives investors, with value investors […]
How Will NSE’s 90% Price Cap On SME IPO Affect Investors?
The National Stock Exchange of India (NSE) has introduced a new regulation to standardize price discovery for SME IPOs during the pre-opening session. Starting from July 4, 2024, this rule aims to bring consistency across exchanges and reduce excessive volatility in opening prices. The new rule sets a price cap of 90% above the issue […]
What Is A CML In Trading?
A Client Master List (CML) is a certificate of your demat account issued by the depository participant of your demat account. It contains all the important information such as your: Why is a CML Document Required? Having access to CML is useful in many ways as it : What details does CML Reflect? A)First, let’s […]
Bira 91 Raises $25Mn From Kirin Holdings-Total $50M Closed
Craft Beer-making company Bira has now raised $25 Million from its existing investor Kirin Holdings. This funding was through ECB(External Commercial Borrowing). With this Bira 91 has raised a total $ 50 million in the last 3 months. Their previous funding was from Tiger Pacific amounting to $ 25 million. How is this fundraiser going […]
Prosus Reports Swiggy Revenue Grew By 24% in 2023
Prosus, who is the largest investor in swiggy shares, stated that the IPO-bound company’s revenue has grown by 24% in the calendar year 2023. However, the Dutch-based investment firm didn’t disclose Swiggy’s Revenue Figures. What Did Prosus Disclose About Swiggy? Prosus Analysis About Swiggy’s Growth “Swiggy’s core food delivery business GOV grew by double […]
Capgemini Establishes Center Of Excellence (CoE) For Skilling In Emerging Technologies
Capgemini has announced the establishment of a new and first-of-its-kind Center of Excellence (CoE) that will skill its workforce in emerging technologies in Uttar Pradesh. It has partnered with Noida Special Economic Zone (NSEZ) to develop an integrated CoE that will help the unemployed youth as it will offer them training in emerging technologies. How […]
Who Is The CEO Of Orbis Financial?
Orbis Financial, a leading securities services provider in India, has a team of experienced leaders. Shyam Agarwal, the Managing Director and Chief Executive Officer (MD & CEO) is at the forefront of the team. Mr. Agarwal came with much expertise Orbis needed to guide the team even better while moving from ICICI Bank to Orbis […]
OYO Launches First Luxury Hotel in Dubai – Record Indian Tourist to Visit
OYO Hotels & Homes, one of the world’s fastest-growing hospitality chains, has taken a notable step by launching its first luxury hotel in Dubai. This move comes when Dubai is undergoing a surge in tourism, especially from Indian travelers. The new hotel, named Palette Royal Reflections Hotel and Spa, is set to meet the growing […]
Admiral Enters Indian market in collaboration with Flipkart
Admiral America Corporation, a premier American brand with over 90 years of experience in appliances and electronics, has announced its entry into the Indian market. The company has partnered with Flipkart, India’s leading e-commerce platform, to bring its premium product range to Indian consumers. What’s Admiral Bringing To The Indian Market? The e-commerce market in […]
