SBI card hit to secondary market amid weak market sentiments SBI card hit to secondary market amid weak market sentiments Amir Shaikh / Monday, March 16, 2020 / Article rating: 5.0 Amid chaos on the D-street, on Monday, SBI Card & Payment Services, the country’s second-largest credit card issuer hit to the secondary market at a discount of almost 13 per cent to issue price of Rs 755
Airtel receives positive rating for corporate governance Airtel receives positive rating for corporate governance Amir Shaikh / Friday, March 13, 2020 / Article rating: 5.0 Bharti Airtel today announced that credit rating agency CRISIL has assigned ‘GVC Level 1' rating to the company. The rating indicates that the company's capability, with respect to corporate governance and value creation for all its stakeholders, is the highest.
OPEC meets fail; Brent crude falls to US$ 31 OPEC meets fail; Brent crude falls to US$ 31 Amir Shaikh / Monday, March 9, 2020 / Article rating: 5.0 On March 6 2020, OPEC and its alliance did not come to an agreement on production cut amid weakening crude oil prices due to a sluggish demand owing to economic slowdown triggered by Coronavirus
Capital-starved Yes Bank tanks 85 per cent Capital-starved Yes Bank tanks 85 per cent Amir Shaikh / Friday, March 6, 2020 / Article rating: 4.4 Capital-starved Yes Bank has tumbled more than 85 per cent on the bourses today as the country's central bank has imposed a moratorium on the bank and capped withdrawals at Rs 50,000 per account
Allcargo surges post SEBI nod to acquire stake in Gati Allcargo surges post SEBI nod to acquire stake in Gati Amir Shaikh / Thursday, March 5, 2020 / Article rating: 4.2 Allcargo Logistics on Wednesday informed the bourses that it has received the approval from SEBI on its open offer to acquire additional nearly 3.17 crore shares in Gati
Sonata Software acquires GAPbuster Limited Sonata Software acquires GAPbuster Limited Amir Shaikh / Wednesday, March 4, 2020 / Article rating: 2.4 Sonata Software today informed the bourses that it has signed definitive agreements to acquire GAPbuster Limited (GBW), Melbourne-headquartered company specialising in providing solutions to enterprises for measuring customer experience.
Oversubscription of SBI Cards IPO despite weak sentiments Oversubscription of SBI Cards IPO despite weak sentiments Amir Shaikh / Wednesday, March 4, 2020 / Article rating: 3.7 SBI Cards and Payment Services Private Limited (SBICPSL), which hit the primary market on Monday (March 2, 2020) to raise almost 10,351 crore has been subscribed nearly 1.77x
Despite selling pressure, Man Industries ends in positive Despite selling pressure, Man Industries ends in positive Amir Shaikh / Monday, March 2, 2020 / Article rating: 5.0 Man Industries is a leading manufacturer and exporter of large diameter Carbon Steel Line Pipes for various high pressure transmission applications for gas, crude oil, petrochemical products and potable water
PNC Infratech wins Rs 1,602 crore order PNC Infratech wins Rs 1,602 crore order Amir Shaikh / Friday, February 28, 2020 / Article rating: 3.0 The price bids for the project were opened on February 13, 2020 and PNC’s bid was the lowest (L1). Further, the construction of this project is to be completed within 30 months.
Vodafone Idea demands 7-8 times hike in mobile data tariffs Vodafone Idea demands 7-8 times hike in mobile data tariffs Amir Shaikh / Friday, February 28, 2020 / Article rating: 2.7 Vodafone Idea has demanded to fix minimum tariffs for mobile data at Rs 35 per GB, around 7-8 times of the current price and for calls at 6 paise per minute along with monthly charge