Elara Capital gives ‘buy’ on ICICI Securities, target price Rs 610
The stock closed at Rs 506, down 0.8% on Monday.
Share market update: BSE Capital Goods index down; L&T dips 1%
The S&P BSE Capital Goods index was trading 0.31 per cent down at 16,324.09.
SBI Card IPO price band fixed at Rs 750-755
The SBI Cards IPO is expected to raise around Rs 9,000 crore, making it the fifth-largest IPO so far.
Ex Blackstone official Punita Sinha set to join InCred Capital
Punita Sinha, wife of former aviation minister Jayant Sinha, will be the chief investment officer of InCred, which is looking to expand to a full-service financial services company from retail and MSME focused NBFC, multiple sources with knowledge of the matter told ET.
Share market update: BSE Capital Goods index down; BHEL dips 2%
The S&P BSE Capital Goods index was trading 0.73 per cent down at 16,532.64.
$70 million funding may take Khatabook valuation to $300 million
In January, the firm co-led a $105 million round in mobility startup Bounce, while also participating in B2B packaging materials marketplace Bizongo’s $30 million Series C funding round.
Altico's 3 bidders revise their offers yet again
The three submitted their latest offers on Friday after lenders had met last Monday to consider the earlier proposals. A key issue is whether to wind down Altico or keep it as a ‘going concern’. Creditors and bidders are slated to meet Monday.
Elara Capital maintains 'reduce' on Sun TV Network, target price Rs 510
The valuations are at 13.9 times FY21 estimated PE.
BOB Capital Markets maintains 'reduce' on Hero MotoCorp, target price Rs 2,360
Given potentially weaker free cash flow on elevated investments, the brokerage has cut its target PE multiple to 13 from 14.
YES Bank drops 4%, recovers as Hinduja Group looks to pick up stake
Hinduja Group is partnering with Cerberus Capital Management LP to pick up a stake in the bank.
Mainstreaming gender lens capital solutions for women-led SMEs
Gender Lens Investing (GLI), an approach to promote social and/or economic empowerment of women, in addition to financial returns has gained traction in the past years.
How to claim tax exemption under section 54F?
Exemption u/s 54F can be availed within a year before or two years after the date of transfer of shares (assuming these are held for long term) or within three years after the date of construction of a residential house in India.
L&T Realty plans alliance with DB Realty for Malad Housing Project
As per the agreement terms, L&T Realty and DB Realty will share space developed in 60:40 ratio. DB Realty, as the landlord, will be responsible for land related approvals and bear the cost to be incurred for fungible floor space index (FSI) and transferable development rights (TDR), while L&T Realty will construct, execute, brand and market the project.
This former Paytm executive will save you a parking spot
In the long run, Lakhotia plans to optimise the real estate of parking slots by using empty hours of parking spots for other use cases like food trucks and cloud kitchens.
Dubai- the world capital of blockchain development
Dubai has become the world capital of blockchain development, having implemented 24 use cases across eight industry sectors -- finance, education, real esta...
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