The company added that its portfolio firms collectively raised Rs 541 crore in Q1 FY25
Posts in category Business Standard
Board of Samvardhana Motherson International approves proposal for fund raising (02-08-2024)
At meeting held on 02 August 2024
Birlasoft receives revision in credit ratings from CARE (02-08-2024)
Long-term Bank Facilities (Rs 307 crore) – CARE AA+; Stable (revised from CARE AA; Stable)
Long-term/Short term Bank Facilities (Rs 20 crore) – CARE AA+; Stable /
CARE A1+ (revised from CARE AA; Stable / CARE A1+)
Short-term Bank Facilities (Rs 25 crore) – CARE A1+ (reaffirmed)
Board of SML ISUZU approves change in directorate (02-08-2024)
At meeting held on 02 August 2024
Board of SML ISUZU approves change in directorate (02-08-2024)
At meeting held on 02 August 2024
Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 380 cr (02-08-2024)
On private placement basis
Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 380 cr (02-08-2024)
On private placement basis
INR settles marginally lower in range bound moves (02-08-2024)
The Indian rupee settled 2 paise lower at 83.75 (provisional) against the US dollar in a range-bound trade on Friday as massive sell-offs in domestic as well as global equity markets negated gains from a weak American currency. Indian shares fell sharply on Friday amid a global sell-off as weak manufacturing data as well as mixed tech earnings sparked worries about a U.S. recession. The benchmark S&P/BSE Sensex ended the session down 885.60 points, or 1.08 percent, at 80,981.95 while the broader NSE Nifty index closed at 24,717.70, down 293.20 points, or 1.17 percent from its previous close. The Indian currency limited the fall due to a sharp decline in the dollar after the latest US data showed slower manufacturing growth in the world’s largest economy. A measure of U.S. manufacturing activity contracted sharply in July and weekly jobless claims jumped to an 11-month high, heightening concerns about a potential recession. All eyes now remain on the U.S. payrolls data, due later .
INR settles marginally lower in range bound moves (02-08-2024)
The Indian rupee settled 2 paise lower at 83.75 (provisional) against the US dollar in a range-bound trade on Friday as massive sell-offs in domestic as well as global equity markets negated gains from a weak American currency. Indian shares fell sharply on Friday amid a global sell-off as weak manufacturing data as well as mixed tech earnings sparked worries about a U.S. recession. The benchmark S&P/BSE Sensex ended the session down 885.60 points, or 1.08 percent, at 80,981.95 while the broader NSE Nifty index closed at 24,717.70, down 293.20 points, or 1.17 percent from its previous close. The Indian currency limited the fall due to a sharp decline in the dollar after the latest US data showed slower manufacturing growth in the world’s largest economy. A measure of U.S. manufacturing activity contracted sharply in July and weekly jobless claims jumped to an 11-month high, heightening concerns about a potential recession. All eyes now remain on the U.S. payrolls data, due later .
Britannia Industries standalone net profit rises 13.32% in the June 2024 quarter (02-08-2024)
Sales rise 3.74% to Rs 3967.38 crore