AVP Financial News
10.11 / 08:19
markets
Google
Strategy
awards
AVP
Schools
Govt gets Rs 3,449 cr from Hindustan Zinc OFS
Hindustan Zinc Ltd by selling about 1.6 per cent stake. Through the two-day OFS on November 6-7, the government had proposed to sell over 5.28 crore shares, or 1.25 per cent stake, with a greenshoe option to retain additional subscriptions of a similar amount. As per the official data, the government has raised Rs 3,449.18 crore from the OFS. On the first day of the share sale offer on November 6, the institutional investors had placed bids for close to Rs 3,400 crore shares or about 1.58 per cent stake.
09.11 / 10:13
09.11 / 10:13
Google
Election
awards
AVP
reports
Schools
Power Finance Corporation turns down $2.4 bn debt to Shapoorji Pallonji Group
Power Finance Corporation Ltd has decided against extending a loan to Shapoorji Pallonji Group, a top official said, throwing into doubt the infrastructure conglomerate’s plans to refinance debt worth around 200 billion rupees ($2.4 billion).
08.11 / 22:11
07.11 / 19:27
07.11 / 18:39
markets
Google
Election
awards
Experts
AVP
Buyers in possession should get ownership of flat: IBBI
Bankruptcy Board of India (IBBI) has proposed the transfer of the ownership of a plot or flat to buyers who owe no dues and are already in possession of the property during the bankruptcy resolution of the stressed real estate firm, subject to the approval of the committee of creditors (CoC).
07.11 / 18:39
markets
Provident
Enterprise
Election
Experts
AVP
Central Apprenticeship Council reconstituted for three years
Central Apprenticeship Council for a period of three years with effect from October 16, after the term of the previous council came to an end.
07.11 / 17:45
markets
Digital
Election
awards
Experts
PAM
AVP
IBBI proposes to expedite flat ownership transfers in insolvent projects
Bankruptcy Board of India (IBBI) has proposed the transfer of the ownership of a plot or apartment to buyers who owe no dues and are already in possession of them during the bankruptcy resolution of the stressed real estate firm, subject to the approval of the committee of creditors (CoC).
07.11 / 04:23
06.11 / 21:39
markets
Netflix
Election
AVP
stars
Schools
rights
Missing You: Harlan Coben thriller’s release date, cast, plot and production team
Harlan Coben’s newest Netflix adaptation, Missing You, will premiere on New Year's Day 2025. After the success of Fool Me Once, fans are eager for this next installment.
06.11 / 17:31
markets
Digital
Progressive
Sustainability
Election
AVP
Union Home Secretary Govind Mohan reviews progress of Assam-Meghalaya, Assam-Arunachal border agreements
Govind Mohan, Union Home Secretary, Government of India reviewed the progress of border agreements signed between Assam-Meghalaya and between Assam-Arunachal.
10.09 / 13:03
markets
Analysis
trends
Trade
Experts
AVP
reports
Gold rallies Rs 600 to Rs 74,100 per 10 grams; silver jumps Rs 700
capital on Tuesday on the back of fresh buying from jewellers. In the previous session, the precious metal of 99.9 per cent purity had closed at Rs 73,500 per 10 grams on Monday. Silver prices, too, jumped Rs 700 to Rs 84,500 per kilogram from Rs 83,800 per kg in the previous close, according to the All India Sarafa Association.
06.09 / 13:52
markets
security
wellness
AVP
show
reports
International
Gold rises Rs 100; silver bounces Rs 1,200
capital on Friday, according to the All India Sarafa Association. In the previous session, the precious metal of 99.9 per cent purity had ended at Rs 74,100 per 10 gram. The silver metal had ended higher at Rs 84,600 per kilogram in the previous session on Thursday.
22.08 / 13:39
markets
Action
Research
trends
Trade
AVP
Tech View: Nifty charts in favour of bulls, support at 24,700-24,550. Here’s how to trade on Friday
Nifty ended Thursday’s weekly expiry 41 points higher and formed a higher high-higher low formation for the fifth consecutive session. The daily charts saw the formation of a bearish candle as the index closed lower than its opening level. Now, Nifty has to continue to hold above the 24,700 zone to extend the move towards 25,000 and 25,100 zones whereas supports are placed at 24,700 then 24,550 zones, said Chandan Taparia of Motilal Oswal.
13.08 / 11:33
markets
DNA
AVP
exclusive
Ethnic wear brand Fashor raises $5 million funding from Blume Ventures
Ethnic wear brand Fashor has raised $5 million in a funding round from early-stage venture capital firm Blume Ventures. The funds will be used for omnichannel expansion, building the brand, and strengthening the supply chain. Founded by Vikram and Priyanka Kankaria, the brand’s offerings are available through its website, app and fashion marketplaces like Flipkart-owned Myntra, Reliance Ajio and Nykaa Fashion. “We are excited to leverage this partnership to drive our next phase of growth, with a continued focus on delivering exceptional value to our customers,” said chief executive Vikram Kankaria.
05.08 / 12:19
markets
Manufacturing
Nikkei
AVP
testing
Headlines
Anand Mahindra's tip to stock investors amid market crash: Do pranayama, play the long game
Anand Mahindra's words of wisdom to investors is to «play the long game». His advice to investors is to deploy the ancient Indian practice of Pranayama, breathe deeply and look inwards. «What I see is an India that is an oasis in the world. Whose Rise will not be impeded in the medium to long term,» Mahindra said in a tweet.
05.08 / 10:55
markets
UPS
Manufacturing
AVP
testing
Headlines
Nifty tests 50-DMA but slips below 30-DMA. What technical indicators suggest
Nifty on Monday almost tested the 50-day moving average of 23,840 as it fell to the day's low of 23,893.70 — courtesy index heavy weights Reliance Industries (RIL), HDFC Bank and Infosys. The 50-stock index, however, fell below its 30-DMA, replicating a rout in most Asian indices. While it managed to remain above its 50-DMA, 100-DMA, 150-DMA and 200-DMA, its sharp intraday fall dragged it below 5, 10, 20 and 30 DMAs.
24.05 / 19:03
FIVE
security
AVP
consequences
rights
NCLT admits Srei's insolvency plea against Supreme Infrastructure BOT
National Company Law Tribunal (NCLT) has admitted Srei Infrastructure Finance's petition to initiate a corporate insolvency resolution process (CIRP) against Supreme Infrastructure BOT after it defaulted on the repayment of a loan. Srei Infrastructure Finance had granted a term loan of Rs 150 crore to Supreme Infrastructure BOT for a period of five years. The loan was intended for use in infrastructure projects. Following this, various security documents were executed between both parties. However, the borrower defaulted on the loan repayments, prompting the financial creditor to recall the loan in August 2018.
13.05 / 07:37
markets
Sustainability
Research
Experts
AVP
recommendations
Indegene share price tanks 12% after bumper debut. Buy, sell of hold?
Stock market today: Despite weakness across segments on Dalal Street, Indegene share price listed on BSE and NSE at a bumper premium. Indegene share price is listed on BSE at ₹659.70 per share, whereas on NSE, Indegene shares are listed at ₹655 apiece.
06.05 / 05:49
Digital
Manufacturing
Election
wellness
trends
AVP
IT growth in near term to be modest, says Sneha Poddar of Motilal Oswal
Investors can expect significant growth in the capex, manufacturing, and infrastructure development in this financial year, says Sneha Poddar, AVP, Motilal Oswal in an email interview with MintGenie.
20.03 / 08:33
markets
IPO
Trade
band
AVP
show
Enser Communications IPO allotment to be out today; Check GMP, allotment status, other key details of SME IPO
Enser Communications IPO allotment online on the website of IPO registrar. Enser Communications IPO registrar is Skyline Financial Services Private Ltd. The IPO allotment status shows the number of shares being allotted in the issue.
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