Posts in category Business Standard
Nifty likely to be sideways; Nocil, Alkyl Amine top tech calls for Jan 3 (03-01-2024)
Nifty could now remain in the 21,770-21,477 band for the near term, a sper Vinay Rajani of HDFC Securities
Stock Market Live: Nifty breaks below 21,550, 40 of 50 index stocks in red (03-01-2024)
Stock market live updates on January 3, 2024: Adani Group shares held strength after the Supreme Court in its verdict said there was no irregularity in FPI investments in the conglomerate
Nifty IT, Nifty Auto: ‘Sell on rise’ strategy apt amid possible downtrend (03-01-2024)
Nifty IT Index is facing significant resistance around the 35,800 mark. The recent correction in the market has initiated a downtrend in near-term, as per Ravi Nathani
Bulls have tired legs, look for fresh triggers; indices end in the red (02-01-2024)
Equity benchmarks decline amid profit-booking, Red Sea tensions
Making Crypto Trading Accessible for All – An Inside Look at CoinEx’s Take on Serving Global Traders’ Needs for Diverse Trading Options (02-01-2024)
New Delhi [India], January 2: CoinEx, a cryptocurrency trading platform founded in 2017, aims to meet the diverse trading needs of investors globally and create a win-win industry ecosystem with its "User First" ethos. As the development of the cryptocurrency market enters a new phase where digital assets have become an integral part of global assets, CoinEx strives to provide simple, convenient, professional, and intuitive cryptocurrency products and services for investors worldwide.
HDFC MF ramps up presence; PPFAS MF allows redemptions in liquid fund (02-01-2024)
The newly-inaugurated branches are mostly in smaller towns like Angul, Cooch Behar, Hazaribagh, Renukoot and Raebareli
Crude oil advances as Iran warship in the Red Sea escalates tensions (02-01-2024)
Brent crude climbed as much as 2.6 per cent to top $79 a barrel, before paring some of that gains
Dollar set for biggest daily jump since October as US bond yields rebound (02-01-2024)
The dollar index, which measures the U.S. currency against six counterparts, was last up 0.67% at 102.05, on track for its biggest daily percentage gain since October
Attractive spreads drive arbitrage funds to better returns in 2023 (02-01-2024)
Staged strong comeback last year, stole march over debt funds to post best performance in 8 years
Esconet Technologies files draft papers to raise funds through IPO (02-01-2024)
Integrated IT solutions company Esconet Technologies on Tuesday said it has filed draft papers to mobilise funds through an initial public offering.
The initial public offering (IPO) is entirely a fresh issuance of up to 33,60,000 equity shares, with a face value of Rs 10 each, and the shares of the company are proposed to be listed on Emerge platform of the NSE, the company said in a statement.
Corporate Capital Ventures is the sole book running lead manager, while Skyline Financial Services is the registrar for the issue.
Esconet proposes to utilise the proceeds from the issue towards working capital requirements of the company and invest in its wholly-owned subsidiary ZeaCloud Services to fund its capital expenditure expenses, as per the draft documents.
A portion of the proceeds will also be used for the general corporate purposes.
Founded in 2012 by second-generation entrepreneurs Santosh Kumar Agrawal and Sunil Kumar Agrawal, Esconet Technologies has been in the business of