The proceeds from this fundraising will be utilised for funding of capital expenditure, refinancing of existing loans, and other general corporate purposes.

On Thursday, amid optimistic cues from global markets, Indian markets are likely to open with a positive bias. The US Fed has committed to keep the taps flowing till the time growth revives and this is acting as the key catalyst for the bulls. At 7:50 AM, SGX Nifty is trading with gains of 7.50 points at 11,232.50 level.

The level of 11,150 is likely to act as important support and as long as Nifty manages to hold this level, it would make an attempt to move higher on the upside where the level of 11,250, followed by 11,340, is likely to act as a resistance level on the upside. Stocks in news: Nitco, Praj Industries, ONGC.

The consolidated net sales reported in Q1FY21 came in at Rs 1,120.16 crore, which declined by 36.07 per cent YoY from Rs 1,752.1 crore in Q1FY20.

Say bye-bye to SIP with specific dates. Sundaram Mutual has introduced ‘Any Day SIP’. Read on to find out more.

Sensex tanked by 421.82 points or 1.10 per cent on Wednesday to close at 38,071.13 while Nifty fell by 97.70 points or 0.86 per cent to settle at 11,202.85.

The consolidated net sales reported in Q1FY21 came in at Rs 766.73 crore, which declined by 91.86 per cent YoY from Rs 9,420.06 crore in Q1FY20.

The board of directors of HT Media Limited at its meeting held on July 28, 2020, has approved investment in Mosaic Media Ventures Private Limited.

The consolidated net sales reported in Q1FY21 came in at Rs 4,110.6 crore, which declined by 79.17 per cent YoY from Rs 19,732.6 crore in Q1FY20. 

IRB Infrastructure Developers Limited has bagged a project of construction of eight lanes of Vadodara-Mumbai Expressway in Gujarat, on Gandeva-Ena stretch, having a length of 27.500 kms, with a project cost of Rs 1,755 crore.