India set for $2 bn bond inflows around JP Morgan index inclusion day
Retail investors share in equity AUM pie shrinks for third straight year
ALERT :: Gokaldas Exports announces partnership with BRFL Textiles
>> In its first tranche, GEX will subscribe for Rs 50 crore, with the remaining OCDs worth up to Rs 300 crore to be subscribed subsequently in multiple tranches, depending on the funding requirements.
>> These funds shall be utilized mainly to meet the working capital needs, with a smaller portion towards the capex requirements.
>> A possible merger or acquisition will be explored by June 30, 2025.
ALERT :: Nazara Tech-arm Sportskeeda Inc completes acquisition of all IPRs of Soap Central
>> This wad done upon payment of the aggregate consideration of $1,400,000/- (equivalent to approximately Rs 11.67 crore) in cash.
ALERT :: Tanfac Industries signs Framework agreement with a Japanese firm
>> The supply for this product will start from H2 FY2025-26.
Officer’s Choice maker Allied Blenders to float Rs 1,500 cr IPO on Jun 25
The initial share-sale comprises fresh issuance of equity shares worth Rs 1,000 crore and an Offer-for-Sale (OFS) of shares to the tune of Rs 500 crore by promoters.
Stocks to Watch, June 20: Tata Motors, Sun Pharma, PNB Housing, Brigade Ent
Brigade Enterprises: Brigade Enterprises secures Rs 150 crore agreement to develop the third tower at World Trade Center (WTC) in Infopark, Kochi.
RIL, Blue Dart, India Oil, Vi among six stocks to track on June 20
Blue Dart: Logistics giant launches drone delivery service in partnership with Skye Air.
Stocks to buy on June 20: IDFC Bank, RBL, IGL; check target prices
IDFC First Bank | LTP: Rs 82.17 | Buy |Target: Rs 86.50 | Stop-loss: Rs 80
Trade set-up for June 20: Nifty may open flat; FIIs turn bulls, BoE in focus
ALERT :: GIFT Nifty suggests flat start with positive bias
>> At 8:00 AM, GIFT Nifty futures were up 24 points at 23,528 levels
China approves autonomous driving startup Momenta’s US IPO
>> Momenta plans to issue up to 63,352,856 ordinary shares and list on the Nasdaq Stock Market or the New York Stock Exchange, the regulator said in a statement.
ALERT :: China keeps one- and five-year loan prime rates unchanged
>> The one-year loan prime rate serves as a benchmark for most corporate and household loans, while the five-year rate serves as a peg for property mortgages.
>> Earlier this week, the People’s Bank of China kept the 1-year medium-term lending facility rate steady at 2.5%.