By Administrator_India Capital Sands The three-day initial public offering (IPO) of Indigo Paints will open for public subscription on Wednesday, January 20, and will close on January 22. The price band has been fixed at Rs 1,488-1,490 per share for the initial share sale. At the upper end of the price band, the public issue is expected […]
By Administrator_India Capital Sands The benchmark Sensex fell 470.4 points on Monday, extending its two-day slide to 1,020 points, or 2.1 per cent. Concerns over the pace of economic recovery amid a strong second wave of infections globally is prompting investors to scale back bullish bets, say experts. Also, rising US bond yields and strengthening […]
By Administrator_India Capital Sands India’s second-largest telecom company Bharti Airtel is lining up a $1-billion fundraise via perpetual bonds, The Economic Times reported. A perpetual bond is a fixed income security with no maturity date. According to the report, the telecom major floated the plan to half a dozen MNC banks as it targets foreign […]
By Administrator_India Capital Sands HCL Technologies on Friday posted a 34.8 per cent year-on-year (YoY) jump in its consolidated net profit to Rs 3,969 crore for the December 2020 quarter (FY2021) from Rs 2,944 crore posted in the same period last year. While sequentially, the figure rose 26.2 per cent. Meanwhile, the revenue for the quarter […]
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By Administrator_India Capital Sands The dollar was down on Wednesday morning in Asia, with a retreat in U.S. Treasury yields sapping momentum from the U.S. currency’s recent rally and investors cautiously resumed bets on a continuous slide for the dollar. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.08% […]
By Administrator_India Capital Sands A decisive phase in India’s fight against coronavirus began in the wee hours on Tuesday as the first consignment of Covishield vaccines left Serum Institute of India for Pune airport, four days ahead of the nationwide inoculation drive launch. Three temperature-controlled trucks rolled out of the Serum Institute gates shortly before 5 am and left […]
By Administrator_India Capital Sands The UK has again recorded more than 1,000 coronavirus deaths overnight bringing the country’s official death toll past 80,000. Another 59,937 Covid-19 cases were also reported in the past 24 hours, taking the total number of infections since the start of the pandemic past three million to 3,017,409. Health Secretary Matt Hancock […]
By Administrator_India Capital Sands Nifty futures on Singapore Exchange traded 79 points higher at 14,289, around 8.30 am, on Friday, indicating a strong start for the benchmark indices back home. TCS: The IT major is slated to announce its December quarter results today. TCS is likely to post a robust performance for Q3FY21 on the back of strong […]
By Administrator_India Capital Sands Gold edged lower on Wednesday as the dollar firmed with investors tracking two closely contested U.S. Senate runoff races in Georgia that will likely determine President-elect Joe Biden administration’s fiscal policy. Spot gold fell 0.3% at $1,943.46 per ounce by 0355 GMT after hitting a near two-month peak at $1,954.97 earlier in the session. U.S. gold […]
