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Source: Live Mint Shares of Astral, Axita Cotton, Visesh Infotecnics, BEW Engineering, Poddar Housing & Development hit their fresh 52 wk lows today. Nifty 50 was down by -380.7(-1.57%) points and Sensex was down by -1264.83(-1.59%) points at 04 Nov 2024 10:59:58 IST. Bank Nifty was down by -373.25(-0.72%) points at 04 Nov 2024 10:44:58…
Source: Live Mint NCD issue: TVS Holdings on Wednesday, October 16 announced that its board will meet on October 23, 2024, to consider raising funds through the issuance of non-convertible debentures (NCDs) on a private placement basis. The fundraising will be conducted in one or more tranches over time, aligning with the company’s strategic financial…
Source: Business Standard It acknowledged that as a mitigation measure, brokers are revamping their revenue and cost models, following the introduction of the new norms. (Photo: Shutterstock) 3 min read Last Updated : Oct 08 2024 | 6:17 PM IST Discount brokerages, such as Zerodha and Groww, will be impacted the most by the…
Source: Business Standard 3 min read Last Updated : Oct 01 2024 | 5:54 PM IST Gross non-performing assets ratio for the banking system is set to improve to a decadal best of 2.5 per cent in 2024-25, domestic rating agency Crisil said on Tuesday. It, however, flagged concerns around unsecured exposures like…
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Sep 23 2024 | 7:58 PM IST Reflecting the build-up of stress due to a rise in delinquencies, the credit costs of microfinance companies are expected to rise to 3.0–3.5 per cent in the current financial year (FY25) from around 2.0 per…
