Future Consumer Ltd (FCL) has defaulted on the payment of Rs 51.85 crore towards principal and interest due on non-convertible debentures, a regulatory filing said on Tuesday. The default which happened on August 15, 2022, includes an interest amount of Rs 10.73 crore and a principal Amount of Rs 41.12 crore, FCL said a regulatory [...]
Rare Enterprises-backed Concord Biotech has filed draft papers with capital markets regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is entirely an offer for sale of (OFS) of 2,09,25,652 equity shares by Helix Investment Holdings Pte Limited, which is backed by private equity firm Quadria Capital, according to the [...]
IT hardware and mobile accessories firm Balaji Solutions has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares worth up to Rs 120 crore and an offer-for-sale (OFS) of up to 75 lakh equity shares by [...]
Adani Logistics, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd, on Tuesday said it has signed a definitive agreement to acquire ICD Tumb (Vapi) from Navkar Corporation for Rs 835 crore. Adani Logistics Ltd (ALL) in a statement said the deal comprises the acquisition of the operational ICD with a capacity to [...]
Veteran stock market investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffett and whose net worth was USD 5.8 billion, died here on Sunday morning. He was 62. Jhunjhunwala died early in the morning due to a cardiac arrest, a source in his newly set up airline said. Often referred to as 'India's Warren [...]
State-owned Hindustan Copper Ltd on Saturday posted a 25 per cent rise in consolidated net profit to Rs 57.08 crore for the quarter ended on June 30, 2022 on the back of higher income. The company had posted a consolidated net profit of Rs 45.63 crore in the year-ago period, Hindustan Copper said in a [...]
Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022. The company had posted a net loss of Rs 117.28 crore in the April-June period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing on Friday night. CDEL's [...]
Reliance Infrastructure (RInfra) on Saturday reported a narrowing of its consolidated net loss to Rs 66.11 crore for the quarter ended on June 30, 2022. The company had clocked a consolidated net loss of Rs 95.15 crore in the corresponding period of the previous fiscal, it said in a regulatory filing to the BSE. Its total [...]
New Delhi, Aug 12 (PTI) Dynasty Acquisition (FPI) Ltd on Friday offloaded 22.37 lakh shares of Shriram City Union Finance Ltd for Rs 447 crore through open market transactions. The entity sold 12,85,734 shares on NSE and 9,51,406 shares on BSE at an average price of Rs 2,000 apiece, as per bulk deal data available [...]
Business process management firm Hinduja Global Solutions on Friday posted a consolidated net profit from continuing operations at Rs 73.26 crore for the quarter ended on June 30, 2022, according to a company statement. Seen on a `like-to-like basis', the profit from continuing operations stood at Rs 7.5 crore in the same period the previous [...]
