Posts in category Business Standard
Modest rise in net SIP inflows in FY24 owing to jump in redemptions by 54% (17-04-2024)
Net SIP inflows rise 4.9% even as gross collections rise 28%
Crude oil import bill drops 16% but import dependency hits new peak (17-04-2024)
The world's third largest oil importing and consuming nation has been able to add to its domestic production drop, raising its import dependence
West Asia conflict, foreign fund outflows drag mkts lower from record peaks (17-04-2024)
Hotter-than-expected US inflation data fuelled concerns that the Federal Reserve will hold back on delivering the cuts to interest rates
Ambuja Cement allots 26.54 cr equity shares on conversion of warrants (17-04-2024)
With this conversion and allotment, entire 477,478,249 convertible warrants issued to Harmonia, stands converted into equity shares.
Hathway Cable records PAT of Rs 35 cr in Q4 FY24 (17-04-2024)
The cable TV & fiber internet provider reported consolidated net profit of Rs 34.57 crore in Q4 FY24 as against net loss of Rs 14.62 crore posted in Q4 FY23.
Adani family infuses Rs 20,000 cr in Ambuja Cements’ warrants program (17-04-2024)
Ambuja Cements announced that the Adani family has fully subscribed to the warrants program in the Company by further infusing Rs 8,339 crore thereby infusing total amount of Rs 20,000 crore. Adani family have increased their stake in the Company by further 3.6% to 70.3%. This follows, the investment of Rs 5,000 crore on 18 October 2022 and Rs 6,661 crore on 28 March 2024, which was for part issuance of the shares.
HDFC Bank Board to consider annual bond issuance (17-04-2024)
On 20 April 2024
Som Distilleries & Breweries appoints Chief Marketing Officer (17-04-2024)
Anand's career includes significant tenures at Hindustan Unilever, United Spirits (Diageo), and Pernod Ricard India, where he successfully led initiatives that substantially improved market share and fostered strong consumer preference for numerous iconic brands. He will oversee the marketing strategies for prominent flagship brands, including Woodpecker, Hunter, Black Fort, Power Cool, and Milestone Blue, aiming to elevate their consumer preference & building stronger connect with the brands, along with entering premium beer, Scotch, and Indian Single Malt (ISM) segments.
Sunteck Realty receives upgrade in issuer ratings (17-04-2024)
Term loans - IND AA/ Stable (upgraded)
Proposed term loans - IND AA/ Stable (upgraded)
Short term (OD facility/ fund based working capital limits) - IND A1+ (affirmed)
Proposed term loans (new) - IND AA/ Stable (assigned)
Ratnamani Metals & Tubes incorporates WoS in Abu Dhabi (17-04-2024)
The new subsidiary will market the company's products by way of wholesale trading in steel tubes and pipes.