ECL Finance Limited, one of the finance arms of the Edelweiss Group, is launching its public issue of secured and redeemable non-convertible debentures (NCDs) from today, July 24, 2018. The issue will carry an effective annual rate of 9.85% for 10 years, 9.65% for 5 years and 9.45% for 3 years. The company aims […]
Manappuram Finance Limited (MFL) is launching its public issue of non-convertible debentures (NCDs) from today, 28th of January. The company wants to raise Rs. 737 crore from this issue, including the green-shoe option of Rs. 587 crore, and is offering interest rate in the range of 9.35% for 36 months and 10.15% for 60 months. […]
The unfortunate incident of a farmer committing suicide in the AAP rally has polarized the debate on the Land Acquisition Act even more, and it has become virtually impossible to get to know the factual details of the act, and the amendment, and learn for yourself whether it is good or bad. I spent a few […]
Last quarter of FY 2015 was a nightmarish quarter for Bajaj Auto. It faced all kind of problems related to its product sales in India as well as exports outside India to countries like Nigeria, Egypt and Sri Lanka. The Company witnessed a double-digit decline in motorcycle sales in all three months of Q4, 12.24% […]
Reliance Industries today announced the tariffs of its 4G services during its Annual General Meeting (AGM) in Mumbai. The services, which are to be carried out in the name of Reliance Jio, would be commercially launched on September 5th. Whatever got announced today during this AGM with respect to Reliance Jio, its tariffs and the […]