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Spandana Sphoorty Financial raises Rs 337.5 crore via market-linked debentures – Moneycontrol
Investors will receive 11 per cent if the price of the benchmark government security (G-Sec) is at least 75 per cent of its current price at the maturity. Read More
reported by at Moneycontrol
Anil Ambani grows richer as stocks surge, but still a pale shadow of past – Mint
Promoters? wealth in five Ambani-backed listed firms has jumped by more than 160% from ?117 crore two months ago to ?309 crore, data from corporate database Capitaline showed Read More
reported by Ravindra N. Sonavane at Livemint
FMCG companies log sales growth after Unlock 2.0 – Moneycontrol
Unlock 2.0 has also increased the convenience of business for companies as earlier distribution was limited to certain hours in a day in several states due to restrictions and filling up the empty shelves was a challenging task. Read More
reported by at Moneycontrol
Trade Setup: Nifty showing clear signs of fatigue; avoid leveraged purchases – Economic Times
Barring one feeble attempt to recover in the afternoon, Nifty stayed weak and close its low point. The index ended the day with a net loss of 85.80 points, or 0.54 per cent. Read More
reported by Milan Vaishnav CMT MSTA at The Times of India
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From the blogs
Big fat corporate salaries: Thierry Delaporte of Wipro leads the pack in a year battered by COVID Moneycontrol.com
While some senior executives from IT and metal companies were handsomely rewarded during FY21, some others from FMCG and hospitality companies saw a cut. HUL chairman and managing director Sanjiv Mehta is among those whose salaries saw a dip. Read More reported by at...
Yamaha plans to exploit trend in favour of personal mobility amid Covid HT Auto
Yamaha plans to expand retail footprint in India despite the pandemic-induced disruptions..Yamaha has around 1,900 customer touch-points across India. Read More reported by HT Auto Desk at Hindustan...
Luggage retail chain Witco shuts business after 65 years due to COVID The News Minute
Luggage and personal effects retail chain Witco, which was in operation for over 65 years, announced that it has closed down its business. While the announcement on the company's Facebook page was made on April 5, the news only came to light this week. The co? Read...