New Jersey has planned to borrow up to $9.9 billion to deal with huge revenue losses caused by economic shutdown. New Jersey to borrow the amount from U.S. Federal Reserve under an agreement announced on Friday between the governor and…
Reliance Industries on Saturday in a regulatory filing said that its Jio Platforms received subscription amounts of Rs 30,062.43 crore from four investors for 6.13% stake in total. “ We hereby inform that, after receipt of all requisite approvals, Jio…
Indian Railway Catering and Tourism Corporation (IRCTC), posted a net profit of Rs 150.60 crore for the quarter ended March 31 2020 compared with a profit of Rs 84 crore in the corresponding quarter last year. Indian Railway Catering and…
Apple supplier Foxconn to invest $1 billion in India, Say Sources. Foxconn is planning to invest approx $1 billion in factory expansion in the southern India, where the Foxconn is currently assembling Apple iPhones. “There’s a strong request from Apple…
Update on Further Public Offering of YES bank. YES bank today early morning has announced floor price of Rs 12 per share for the FPO issue. Cap price is at Rs 13 per share. In a filing to the stock…
Google on Thursday announced that it will invest $900 million in Italy’s digital transformation. Google will invest this amount over a period of five years in Italy’s digital transformation. “Google is proud to be a partner in Italy’s economic recovery.…
Agro sciences company PI Industries Fixes the QIP issue price at ₹ 1,470 per share for sale of shares to institutional investors which is about 4.19% lower than the floor rate. The company in a regulatory filing on stock exchange…
Rossari Biotech is all set to be the first listed company in the lockdown phase, this is the first IPO in Covid-19 and we can expect some good numbers. Here are the Rossari Biotech Ltd IPO Details. It provides customized…
SBI (the country’s largest lender) to invest upto Rs 1760 Crore in Yes bank’s FPO (follow on public offer). SBI had invested 6050 crore for a 48.2% stake in Yes bank in March 2020. Yes Bank has filed FPO offer…
As per the provisions of Income Tax Act 1961, Banks are required to deduct TDS @ 2% from the aggregate cash withdrawals exceeding Rs 1 Crore made during a Financial Year (FY), from one or more accounts, maintained by a customer under the same PAN.…
