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Barometers trade with minor gains; financial services shares in demand

Mumbai, Aug. 21 -- The key equity indices traded with small gains in the mid- afternoon trade. The Nifty traded above the 25,100 level. Financial Services shares advanced after declining for previous ... Read More


SEBI Chair highlights importance of deepening cash equities market

Mumbai, Aug. 21 -- Securities Exchange Board of India or SEBI chairman Tuhin Kanta Pandey has noted that we are looking to deepen the cash equities market, which is the true foundation of capital form... Read More


Gold slips below $3380 ahead of Fed Jackson Hole meet

Mumbai, Aug. 21 -- Gold drifted under $3380 per ounce in Asian trade on Thursday as traders stayed cautious ahead of the Federal Reserve's annual Jackson Hole symposium. All eyes are on Fed Chair Jero... Read More


Bondada Engg rises after launch of defence-focused subsidiary Bondada Dynamics

Mumbai, Aug. 21 -- This move marks the company's strategic entry into the defence technology sector, an area of immense strategic relevance and opportunity. Bondada Dynamics was incorporated on 18 Au... Read More


Bondada Engineering incorporates new subsidiary - Bondada Dynamics

Mumbai, Aug. 21 -- Bondada Engineering has incorporated a subsidiary under the name Bondada Dynamics. The newly incorporated subsidiary will serve as a dedicated vehicle for the Company's entry into ... Read More


India Cements zooms after promoter launches OFS for 2.01 crore shares

Mumbai, Aug. 21 -- UltraTech Cement, the promoter of India Cements, will sell up to 2.01 crore equity shares representing 6.49% of the company's equity through an Offer for Sale (OFS) on stock exchang... Read More


Nido Home Finance plans to raise Rs 200 crore through NCD issue

Mumbai, Aug. 21 -- Nido Home Finance has announced the public issue of 20 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs... Read More


Sammaan Capital approves bond issuance of USD 300 million

Mumbai, Aug. 21 -- Sammaan Capital has approved the issuance of U.S.$300,000,000 8.95 per cent Senior Secured Social Bonds due 2028 aggregating to U.S.$300 million and has approved the pricing, tenure... Read More


Economic Buzz: Eurozone composite PMI improved to 51.1 in August

Mumbai, Aug. 21 -- The seasonally adjusted HCOB Flash Eurozone Composite PMI Output Index compiled by S&P Global, improved for the third month running in August, posting 51.1 from 50.9 in July. The mo... Read More


Economic Buzz: German business growth ticks up slightly in August

Mumbai, Aug. 21 -- Business activity rose for the third straight month across the German private sector in August, with the pace of growth ticking up to the quickest since March but remaining only mod... Read More