SBI card hit to secondary market amid weak market sentiments
SBI card hit to secondary market amid weak market sentiments

SBI card hit to secondary market amid weak market sentiments

Amir Shaikh 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

Airtel receives positive rating for corporate governance

Amir Shaikh 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

OPEC meets fail; Brent crude falls to US$ 31

Amir Shaikh 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

Capital-starved Yes Bank tanks 85 per cent

Amir Shaikh 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

Allcargo surges post SEBI nod to acquire stake in Gati

Amir Shaikh 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

Sonata Software acquires GAPbuster Limited

Amir Shaikh 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

Oversubscription of SBI Cards IPO despite weak sentiments

Amir Shaikh 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

Despite selling pressure, Man Industries ends in positive

Amir Shaikh 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

PNC Infratech wins Rs 1,602 crore order

Amir Shaikh 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

Vodafone Idea demands 7-8 times hike in mobile data tariffs

Amir Shaikh 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

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