Euro pared some of its intraday losses but continues to stay pressured amid a modest rebound in dollar overseas. The dollar index that measures the greenback against a basket of currencies is quoting at 103.84, up 0.05% on the day with focus on upcoming Nonfarm Payrolls report and Federal Reserve Chair Jerome Powell’s congressional testimony. EURUSD is currently quoting at $1.0857, down marginally on the day. Data from Euro zone showed industrial producer prices decreased by 0.9% on monthly basis in January in both the euro area and the EU, according to estimates from Eurostat. Meanwhile, seasonally adjusted HCOB Eurozone Composite PMI Output Index, a weighted average of the HCOB Manufacturing PMI Output Index and the HCOB Services PMI Business Activity Index, remained in sub-50.0 contraction territory in February. That said, having risen from 47.9 in January to an eight-month high of 49.2, the index signaled a near-stabilization of the euro area economy. HCOB Germany Services PMI …
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RK Swamy IPO subscribed 6.01 times (05-03-2024)
The offer received bids for 4.94 crore shares as against 82.32 lakh shares on offer.
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The offer received bids for 2 crore shares as against 81.68 lakh shares on offer.
Aurionpro Solutions wins order from Government of Haryana (05-03-2024)
Aurionpro is honoured to be entrusted with the implementation of this pivotal project which includes phased issuance of open loop NCMC cards to the entire covered population. Aurionpro is a prominent provider of open-loop technology solutions and will serve as the technology
partner for this project, while AU Small Finance Bank joins as the banking partner for card issuance.
Matrix Gas & Renewables successfully raises Rs 350 crore in pre-IPO round (05-03-2024)
Part of Bombay Stock Exchange-listed Gensol Engineering Solutions, Matrix’s fundraise to advance the company’s growth initiatives and fund the ongoing capital expenditure plan
Gensol Group’s Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round (05-03-2024)
Funding will help expand gas aggregation business and buy city gas distribution assets, says firm
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The offer received bids for 3.18 crore shares as against 36.24 lakh shares on offer.
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Matrix Gas & Renewables raises Rs 350 crore capital in pre-IPO round (05-03-2024)
Matrix Gas and Renewables Ltd (Matrix) on Tuesday said it has raised Rs 350 crore in the pre-IPO round to accelerate expansion of its gas business, acquisitions, and funding capital expenditure plans.
“The pre-IPO (Rs 350 crore) round saw participation from key investors like Gunavanth Vaid (4GCapital Venture), Sarda Group, Sunil Kumar Singhvi (Singhvi Heritage LLP), Blue Lotus Fund, NAV Capital Emerging Fund and the promoters of the company,” it said in a statement.
Matrix is a Gensol Group company and is the fastest-growing green hydrogen infrastructure developer and natural gas aggregator.
“Matrix has successfully raised Rs 350 crore in the pre-IPO round,” it said.
“With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring city gas distribution (CGD) assets, and funding the ongoing capital expenditure plan.
This round will also expedite setting up and commissionin
Matrix Gas & Renewables raises Rs 350 crore capital in pre-IPO round (05-03-2024)
Matrix Gas and Renewables Ltd (Matrix) on Tuesday said it has raised Rs 350 crore in the pre-IPO round to accelerate expansion of its gas business, acquisitions, and funding capital expenditure plans.
“The pre-IPO (Rs 350 crore) round saw participation from key investors like Gunavanth Vaid (4GCapital Venture), Sarda Group, Sunil Kumar Singhvi (Singhvi Heritage LLP), Blue Lotus Fund, NAV Capital Emerging Fund and the promoters of the company,” it said in a statement.
Matrix is a Gensol Group company and is the fastest-growing green hydrogen infrastructure developer and natural gas aggregator.
“Matrix has successfully raised Rs 350 crore in the pre-IPO round,” it said.
“With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring city gas distribution (CGD) assets, and funding the ongoing capital expenditure plan.
This round will also expedite setting up and commissionin