The site has a similar address to one that promotes a film adaptation of the hit musical. The toymaker apologized for the “unfortunate error.”
Posts tagged All News
KPI Green- Turning Sunshine Into Cashflows (11-11-2024)
KPI green is moving from high ROE CPP and EPC business to low ROE IPP (with lower tariffs).
The high ROE businesses are being moved to other group companies.
Manappuram Finance (11-11-2024)
Out of curiosity, send a loan enquiry to Indiagold platform. and a received a call back today. Key takeaways on their offering vs NBFCs like Muthoot, Manappuram & IIFL:
- Gold loan is offered in tie-up with Like HDFC, Axis, Shiwalik (small finance bank). They offered me loan from Shiwalik only.
- Gold will be safe-lockers at Bank branch (in this Shiwalik)
- Rate of Interest around between 11%-12%
- Tenure of either 6 months or 12 months
- PF 0.5% + GST,
- No prepayment charges
- No Gold valuation charges
- Doorstep loan processing
As players like Indiagold are intermediary (as of now), hence, ROI is marginally higher than Banks but significantly lower than NBFCs like Muthoot, Manappuram & IIFL.
But in long term, it can help Banks to capture much more market and hit market share of NBFCs specially those customers who deals in high ticket and want better rate also.
Like co-lending model, which is the new trend for many nbfc to grow, if players like Indiagold will have a tie-up with many more Banks – it will be an alarming trend to watch for.
Disc: Holding position in Manappuram.
This Rekha Jhunjhunwala portfolio stock nears record low; down 29% in 2 mth (11-11-2024)
Star Health and Allied Insurance Company shares hit a 52-week low of Rs 463, down 4% in intra-day deal and trading near its all-time low of Rs 451.10 hit on January 30, 2023.
Waaree Energies Ltd. – Is it just the Dawn? (11-11-2024)
35% of sales to US. Will there be any impact if tariffs are increased by Trump Govt. Will imports from China to India and then exported to US be also be affected by tariffs?
FM directs Regional Rural Banks to increase share in ground level agriculture credit disbursement (11-11-2024)
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired a meeting to review performance of 10 Regional Rural Banks of the Southern Region, covering the 5 states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana and UT of Puducherry, in Bengaluru recently. The meeting, with 10 RRBs present, focused on business performance, upgrading digital technology services, and fostering business growth in activities allied to agriculture and micro and small industry. Given the crucial role of RRBs in supporting the rural economy, the Union Finance Minister urged RRBs to increase credit disbursement under various Government of India flagship schemes such as MUDRA, PM Vishwakarma, etc, with the active support of their sponsor banks.
Antony Waste Handling slumps after weak Q2 outcome (11-11-2024)
Antony Waste Handling Cell hit a lower limit of 10% to Rs 712.70 after the company’s net profit declined in Q2 September 2024.
Aurobindo Pharma Ltd drops for fifth straight session (11-11-2024)
Aurobindo Pharma Ltd is quoting at Rs 1265.85, down 4.65% on the day as on 12:59 IST on the NSE. The stock jumped 29.25% in last one year as compared to a 24.11% rally in NIFTY and a 43.47% spurt in the Nifty Pharma index.
AU Small Finance Bank Ltd drops for fifth straight session (11-11-2024)
AU Small Finance Bank Ltd is quoting at Rs 577.9, down 0.47% on the day as on 12:59 IST on the NSE. The stock tumbled 18.38% in last one year as compared to a 24.11% rally in NIFTY and a 18.26% spurt in the Nifty Bank index.
Niva Bupa IPO subscribed 1.43x by midday on final day (11-11-2024)
The retail individual investors’ portion currently leads the subscription status at 2.14 times, with bids for 6.71 crore shares