Posts in category Economic Times
JSW Energy raises Rs 5,000 crore by selling shares to investors, including ADIA (06-04-2024)
JSW Energy said the proceeds from the QIP will further bolster its capital structure, enhance financial flexibility and enable the company to accelerate its ambitious growth plans.
Wall Street indexes rise after strong jobs data (06-04-2024)
U.S. Labor Department data showed employers hired far more workers in March than expected and kept steadily lifting wages, suggesting the economy ended the first quarter on solid ground.
Bharti Hexacom IPO retail segment subscribed 2.9x (06-04-2024)
The company's only public shareholder, Telecommunications Consultants India divested 15% stake in the company.
You can now make card-less deposits via UPI (06-04-2024)
The Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-party applications and deposit cash at ATMs using UPI. This move will enhance customer convenience and make the currency handling process at banks more efficient.
Food inflation on mind, RBI holds interest rates steady (06-04-2024)
India is probably a positive outlier in the world hobbled with economic challenges, offering Mint Road the opportunity to further consolidate its war on inflation that has been restrained over the past few quarters from leaping. However, risks to price stability have not entirely receded into the background, said RBI Governor Shaktikanta Das, after the first policy review meeting in the new fiscal year.
Overnight swap rates hint rate cut hopes ruled out (05-04-2024)
Overnight indexed swap (OIS) rates in India have shown that derivatives markets have generally relinquished expectations of rate cuts in 2024 as the central bank continues to focus on bringing inflation down to its target of 4%. The OIS market has moved towards pricing out all rate cuts in aggregate, with the hope of nominal rate cuts towards the end of the calendar year.
Board of JSW Energy Limited allots 10,30,92,783 equity shares under QIP issue (05-04-2024)
Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs 16,44,67,56,680, comprising of 164,46,75,668 Equity Shares to Rs 17,47,76,84,510 comprising of 1,74,77,68,451 Equity Shares. The shareholding pattern of the Company, before and after the Issue, will be submitted along with the listing application in the format specified in Regulation 31 of the SEBI Listing Regulations.
Gold shatters record roof, heads for third straight weekly gain on buying momentum (05-04-2024)
Spot gold gained 1.3% to $2,320.04 per ounce, as of 10:57 a.m. EDT, after hitting a record high of $2,324.79 earlier in the session. Bullion has risen 3.8% so far this week and is headed for a third straight weekly gain. U.S. gold futures edged 1.4% higher to $2,339.70.