Kolkata: Microfinance lender Spandana Sphoorty Financial said it would like to complete its proposed Rs 300-crore fundraising by March and that its promoter Kedaara Capital and and a significant long-term shareholder Valiant would subscribe to the shares in the preferential allotment at Rs 459 per share, which is at a 20.5 percent premium to its…Continue Reading
Hundreds of people protesting vaccine and mask mandates drove in convoy to New Zealand’s capital on Tuesday and converged outside Parliament as lawmakers reconvened after a summer break.A protester walks past vehicles blocking a road during a rally at Parliament in Wellington, New Zealand, on Tuesday. The protesters were rallying against the New Zealand government’s…Continue Reading
This Budget has made some very effective announcements to accelerate growth as we come out of a prolonged pandemic which has weighed on growth significantly.We have seen GDP growth rate at above 9% and need to sustain that momentum. Then, it will result in higher income for everyone, higher consumption leading to higher earnings growth…Continue Reading
SynopsisKotak Mahindra AMC, which manages Kotak Mutual Fund, said in its Market Outlook for 2022 that it remains neutral to equity as an asset as it is fairly priced.Getty ImagesKolkata: Capital market direction in 2022 will depend on corporate earnings and the Union budget, Kotak Mahindra Asset Management Company said on Monday when benchmark equity…Continue Reading
Indian capital Delhi, on December 5, reported its first-ever case of the new Covid variant Omicron, taking the country’s total tally of new strain cases to five. A Tanzanian returnee who had been admitted to a local hospital is positive for the new variant. News agency PTI quoting an unnamed official said, “The patient’s travel history…Continue Reading
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A series of disturbing videos of some teenagers engaged in violent activities in the night has emerged a major cause of concern for residents in the Capital city of Odisha. In the videos that surfaced in the last two days, a gang of youngsters were seen copying the styles of antagonists of south Indian movies and…Continue Reading