Anshul Gupta News

Motilal Oswal Financial Services Ltd (MOFSL) is tapping the bond market to raise up to Rs1,000 crore from non-convertible debentures (NCDs). The bond issue, the first of its kind from Motilal Oswal that offers investors interest of up to 9.7%. opened on 23 April and is set to close on 7 May. The issue is secured and redeemable, rated AA/stable by Crisil Ratings and India Ratings. 

Okaya EV today announced a festive session offer under which it will uphold the pre-existing prices of its electric two-wheelers even after the conclusion of the Faster Adoption and Manufacture of Electric Vehicles (FAME II) scheme. Dr. Anshul Gupta, Managing Director of Okaya EV, emphasized the company's dedication to customer satisfaction, stating, «At Okaya EV, we prioritize the needs and concerns of our customers above all else. We recognize the pivotal role electric mobility plays in building a sustainable future, and we believe that cost should not hinder its accessibility. By maintaining our old prices post FAME II, we aim to make our electric two-wheelers accessible to a wider audience, while stocks last.» Okaya's electric scooter models start at INR 69,950. Its Faast F4, which is available at Rs 1,19,989, boasts a range of 160 kilometres per charge (IDC) and is equipped with two batteries, providing a total output of 4.4 kWh.

best time to lock your money into high-return term deposits. “We expect that the key policy rates will come down post-Q2 2024. Gradually, the market will start factoring this, which will have a downward impact on the FD returns of various banks, small finance banks, and NBFCs.

bonds. “In FY '22-23, private placements garnered an impressive ₹7.5 lakh crore (USD 94 billion), and in the current fiscal year, FY’23-24, we have already witnessed a substantial raise of ₹4.15 lakh crore (USD 52 billion) by October. It's to be noted that this strong momentum includes obtaining money through private placements," said Abhijit Roy, CEO, of GoldenPi.

₹1497 per 10 gm on the Multi Commodity Exchange (MCX). The gold future contract for December expiry on MCX ended 2.58% higher at ₹59,415 per 10 gm levels on Friday. The rally in gold was seen in the times of the Russia-Ukraine war also.

The Reserve Bank of India (RBI) today kept the Repo Rate unchanged at 6.5%. Many experts believe that this decision is good for home loan borrowers and will further boost home sales during the festival season.

Kirana Club, which has one million kirana stores in its network. However, four states — Maharashtra, Gujarat, Himachal Pradesh and Uttarakhand — were exceptions, with women accounting for half the shopping visits. Uttar Pradesh, Madhya Pradesh, Rajasthan and Bihar have the highest percentage of male shoppers, according to the data — 56-69%.

Before the US 2008 crisis, many were sure that it was stupid to think the housing market was a bubble because every major bank and investment firm seemed to be doing just fine until things went south. Only some financial analysts could see it was a bubble, which was going to burst soon.