Gold rallies Rs 600 to Rs 76,950 per 10 gm (23-09-2024)
Gold prices rallied Rs 600 to Rs 76,950 per 10 grams in the national capital on Monday amid a rise in the precious metal rates in international markets. The yellow metal of 99.9 per cent purity had closed at Rs 76,350 per 10 grams on Friday.
Waaree Energies gets Sebi nod for IPO, fresh issue worth Rs 3,000 crore (23-09-2024)
Solar PV modules manufacturer Waaree Energies on Monday received market regulator Securities and Exchange Board of India’s (Sebi) approval for its proposed initial public offering (IPO).
Kiri Industries: Loan reduction and demand surge (23-09-2024)
Does anyone know the current status of the Environmental Clearance applied for by Indo Asia Copper Ltd.? Its the subsidary which would house the new ventures as outlined by M Kiri in the latest concall.
While outwardly the promoter seems to be making the right noises and raising substanial money into the company through warrants and loan but one cant find the present EC status… There was a negative newsarticle as well on the day of the public meeting for grant of EC at the proposed site (in March 2024) still I found it strange that out of all the querists following the company no one raised any query in the post results concall of Q4 and Q1 w.r.t to this misstep…
Mr. Kiri has stated in the concall of having invested in a stellar top management to plan for the copper and fertilizer business but yet, he is unable to procure EC timely… nor was this informed to the bourses (okay not a material event) but in the concall this should have been addressed no?
If someone has any input on the same, will be grateful…
https://indianexpress.com/article/cities/ahmedabad/protests-detentions-mar-public-hearing-for-environmental-clearance-to-copper-plant-9213054/
Over 93% retail traders lost money in F&O in three years, says Sebi (23-09-2024)
Over Rs 1.8 trillion losses in F&O between FY22 and FY24; 75% continued trading despite consecutive losses
SpiceJet concludes QIP issue of Rs 3,000 cr (23-09-2024)
SpiceJet has successfully raised Rs 3000 crore through its recently concluded Qualified Institutional Placement (QIP), which was significantly oversubscribed by investors.
Kaka industries ltd (23-09-2024)
Promoter acquired shares from Market