Posts in category All News
IDFC First Bank Limited (19-11-2024)
As per above article “some lenders have given waiver for Q1 and Q2 only”. If some lenders have given waiver to fusion finance then Vaidyanathan as (as per his nature) will provide in coming quarter and eat out full quarter pnl. But this loan seems to be given under his tenure and not legacy loan.
Is the Biden Administration Coming for Chrome? (19-11-2024)
The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers seek to cement a major win before Donald Trump takes office.
Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season (19-11-2024)
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.
NTPC Green Energy IPO subscribed 33% on Day 1; retail portion fully booked (19-11-2024)
The initial public offer of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got subscribed 33 per cent on the first day of share sale on Tuesday.
The share sale received bids for 19,46,53,968 shares against 59,31,67,575 shares on offer, according to data available with the NSE.
The portion for Retail Individual Investors (RIIs) fetched 1.33 times subscription while the category for non-institutional investors got subscribed 15 per cent.
NTPC Green Energy has mobilised Rs 3,960 crore from anchor investors.
The Rs 10,000-crore initial share sale is entirely a fresh issuance of equity shares with no offer-for-sale (OFS) component. The issue, with a price band of Rs 102-108 per share, will be available for public subscription from November 19 to 22.
Proceeds from the IPO to the tune of Rs 7,500 crore will be used to repay or prepay part or all of its subsidiary NTPC Renewable Energy Ltd’s (NREL) outstanding loans and a portion will be utilised for general corporate purposes.
Websol energy system ltd (19-11-2024)
Promoter SH is only 27.71%.
93% of promoter SH is pledged.
Any views on above?
BSE500 earnings downgraded by 3%; H2FY25 asking rate high: Nuvama (19-11-2024)
India’s corporate earnings for Q2FY25 showed an 8% YoY PAT growth for the BSE500, excluding oil marketing companies. However, weak demand and fading margin tailwinds have led to a 3% cut in FY25 EPS estimates. Cement, metals, and energy sectors faced challenges. The outlook for H2FY25 hinges on government spending and rural demand recovery.