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22nd Mar 2022
Since the introduction of the Emergency Credit Line Guarantee Scheme (ECLGS) which incentivizes MLIs to provide additional credit to MSMEs to meet their operational liabilities and restart the smooth functioning of their businesses, 11.5 million MSME
Macleods Pharmaceuticals Ltd, a company focussed on anti-infective and cardiovascular generics, had filed its draft red herring prospectus (DRHP) in mid-February 2022 and SEBI is yet to give its observations and approval for the IPO. Normally, the
TVS Supply Chain Solutions Ltd, a company focussed on supply chain and logistics solutions, had filed its draft red herring prospectus (DRHP) in mid-February 2022 and SEBI is yet to give its observations and approval for the IPO. Normally, the IPO
Cogent E-Services Ltd, an end to end customer experience or CX solutions provider, had filed its draft red herring prospectus (DRHP) in early February 2022 and SEBI has not yet given its observations and approval for the IPO. Normally, the IPOs ar
Inox Green Energy Services Ltd, focussed on alternate and renewable energy solutions and an existing subsidiary of Inox Wind, had filed its draft red herring prospectus (DRHP) in in February 2022 and SEBI is yet to give its observations and approval
21st Mar 2022
Accenture reported revenue of $15 bn, up by 28 in c/c (22-26 guidance range) on a YoY basis and flattish on a sequential basis in a seasonally weak quarter. Growth was broad-based with all verticals, geographies, and services growing in strong doub
Thermax Ltd has won a $150-mn order for its Sulphur Recovery Unit (SRU) at the Numaligarh Refinery. The entry into SRU enables it to bid for a high single-digit share of refinery CAPEX versus mid-single digit levels until now. Thermax would likely
With increasing uncertainties and new downward pressure, China is facing significant risks and challenges both nationally and globally. The 5.5 growth target for 2022 is the lowest official target for the economy in decades. The economy sharply decl
The slew of listed companies of the Kishore Biyani-led Future group have intimated the stock exchanges that meetings of their respective shareholders and creditors had been convened on April 20 and April 21. The idea was to get the approval for the R
For a long time, Maruti Suzuki has been maintaining its stand that electrical vehicles (EVs) were not a viable proposition in India on a bulk scale. The argument proffered is that the diesel and petrol cars would be around for much longer than people
For all those who were celebrating that fuel prices have not gone up despite the 80 rally in Brent crude in the last 3 months, there is an interesting piece of news. Amidst the din of rising crude prices, the government has quietly raised the prices
Harsha Engineers International Ltd, a manufacturer of precision engineering products, had filed its draft red herring prospectus (DRHP) once again in February 2022 and SEBI has not yet given its observations and approval for the IPO. Normally, the
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