Bharat’ brand is a central government strategic initiative to sell high-quality pulses, rice and other essential commodities directly to general public at subsidised price. Bharat’ brand is an ambitious scheme whereby Government of India is aiming to stabilise prices, curb food inflation, and augment domestic availability, of quality food items across India.
Posts in category Business Standard
Mutual funds shareholding in listed firms at new high on strong net inflows (07-02-2024)
The gap between FPI and DII holdings narrowed to an all-time low in December, with DII holding being 12.2 per cent lower than the FPI holding
GPT Infraprojects wins order of Rs 114 cr (07-02-2024)
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Apeejay Surrendra Park Hotels IPO subscribed 59.66 times (07-02-2024)
The offer received bids for 207.38 crore shares as against 3.47 crore shares on offer.
Garuda Construction and Engineering files IPO draft papers to raise funds (07-02-2024)
Garuda Construction and Engineering Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering.
With this, the total number of draft offer documents filed by the companies has reached 10 in this year so far.
The proposed IPO is a combination of a fresh issue of 1.83 crore equity shares and an Offer For Sale of 95 lakh equity shares by promoter PKH Ventures Ltd, according to the Draft Red Herring Prospectus (DRHP) uploaded on Sebi’s website on Wednesday.
Proceeds from the fresh issue will be used to support the working capital requirement of the Mumbai-based company and for general corporate purposes, including unidentified inorganic acquisition.
PKH Ventures currently holds 77.07 per cent stake in Garuda Construction and Engineering.
Garuda Construction and Engineering is involved in several projects for residential, commercial, residential-cum-commercial, hospitality, infrastructure and industrial projects.
According to
Jana Small Finance Bank IPO subscribed 88% (07-02-2024)
The offer comprises of fresh issue of equity shares aggregating up to Rs 462 crore and offer for sale of up to 26,08,629 equity shares
Indices end almost flat, Nifty ends below 21,950; IT pivotals drag (07-02-2024)
The domestic equity indices concluded a turbulent session, hovering around the neutral position with a slightly negative tilt on Wednesday. Traders locked in gains leading up to the RBI’s monetary policy announcement on February 8th. While the Reserve Bank of India is anticipated to keep rates unchanged, market attention will be focused on its commentary for potential insights into the future rate-cut direction. The Nifty closed below the 21,950 level, with PSU banks, realty, and media shares experiencing demand, while IT and private banks faced selling.
Capital Small Finance Bank IPO subscribed 50% (07-02-2024)
The offer received bids for 40.77 lakh shares as against 81.47 lakh shares on offer.
Tata Consumer Q3 PAT slides 21% YoY to Rs 279 cr (07-02-2024)
Tata Consumer Products reported 20.72% declined in consolidated net profit to Rs 278.87 crore in Q3 FY24 as against Rs 351.76 crore recorded in Q3 FY23
Trident bags patent for a fitted sheet (07-02-2024)
The present invention comprises of a method for producing a fitted sheet which provides enhanced gripping at the corners of the sheet which can accommodate mattresses of varied thickness. With this patent, the company will deliver its Technofit technology which provides enhanced gripping, prevents seam ear, and do not deteriorate even after several washes.