Sales decline 0.81% to Rs 397.40 crore
Posts in category Business Standard
Whirlpool of India consolidated net profit rises 13.37% in the December 2023 quarter (02-02-2024)
Sales rise 17.90% to Rs 1535.65 crore
Himatsingka Seide consolidated net profit rises 1316.36% in the December 2023 quarter (02-02-2024)
Sales decline 1.83% to Rs 723.31 crore
Dhanuka Agritech consolidated net profit declines 1.52% in the December 2023 quarter (02-02-2024)
Sales rise 2.51% to Rs 403.24 crore
Blackstone-backed Aadhar Housing files Rs 5,000 cr IPO papers with Sebi (02-02-2024)
Aadhar Housing Finance Ltd, which is backed by private equity major Blackstone, has filed preliminary papers with capital markets regulator Sebi to raise Rs 5,000 crore through an Initial Public Offering (IPO).
The IPO is a combination of a fresh issue of equity shares worth Rs 1,000 crore and an offer-for-sale (OFS) of Rs 4,000 crore by promoter BCP Topco VII Pte Ltd, an affiliate of Blackstone Group Inc, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday.
Currently, BCP Topco holds a 98.72 per cent stake in Aadhar Housing Finance.
The company proposes to utilise the proceeds from the fresh issue to the tune of Rs 750 crore for meeting future capital requirements towards onward lending and a portion will also be used for general corporate purposes.
Aadhar Housing Finance offers a range of mortgage-related loan products, including loans for residential property purchase and construction; home improvement and extension loans; and loans for commercial property ..
Board of Brightcom Group appoints director (02-02-2024)
At meeting held on 02 February 2024
Ramky Infrastructure Ltd leads losers in ‘B’ group (02-02-2024)
Oriental Carbon & Chemicals Ltd, Spencers Retail Ltd, Punjab Communications Ltd and Aro Granite Industries Ltd are among the other losers in the BSE’s ‘B’ group today, 02 February 2024.
Board of NIIT appoints director (02-02-2024)
At meeting held on 02 February 2024
barometers turn rangebound; metal shares rises (02-02-2024)
At 14:28 IST, the barometer index, the S&P BSE Sensex, was up 497.29 points or 0.69% to 72,142.59 . The Nifty 50 index added 176.85 points or 0.82% to 21,874.30.
Volumes spurt at Mahindra Holidays & Resorts India Ltd counter (02-02-2024)
Mahindra Holidays & Resorts India Ltd notched up volume of 15.07 lakh shares by 14:14 IST on NSE, a 8.28 fold spurt over two-week average daily volume of 1.82 lakh shares