Muthoot FinCorp launches NCD Tranche III, targets ₹600 crore

Muthoot FinCorp opens third secured NCD tranche to raise up to ₹600 crore, offering 8.84 to 9.25% yields, rated AA minus Positive and AA Stable, to be listed on BSE.

Muthoot FinCorp opens third secured NCD tranche to raise up to ₹600 crore, offering 8.84 to 9.25% yields, rated AA minus Positive and AA Stable, to be listed on BSE.

Lux Industries said the pursuant to the FSA and on recommendation of its audit committee, the revised brand licensing agreement is approved and executed between the firm and Biswanth Hosiery Mills Ltd. (BHML) to safeguard the company’s rights and obligations…

Under its ‘Lakshya 31’ strategy, LTIMindtree aims to double revenue over the next five years, with a mix of organic and inorganic expansion.

Indian rupee weakens to 94.22 against the US dollar as rising Brent crude prices and West Asia tensions pressure the currency despite Reserve Bank of India support.

Infosys grants major stock awards to CEO Salil Parekh, including ESG linked RSUs, as investors watch leadership plans and AI disruption in the IT sector.

The US Commerce Department has proposed duties of up to 123.04% on solar cells and panels imported from India, Indonesia and Laos.

This contract will be executed over a three-year period, extendable by an additional grace period of six months, from the date of state transport authority approvals, Atul Auto said.
Bernstein highlighted important sectors on which they shed light on, adding that the traditional services engine of IT and BPOs, which supported 10-15 million people, supported consumption, and boosted growth, is now being challenged by GenAI.

At the end of the fourth quarter, the Rolex Rings’ promoters held 52.2% stake in it. Among public shareholders, mutual funds held 28.7% stake, while more than 71,000 retail investors, or those with authorized share capital of up to ₹2…

Gold and silver fell on COMEX as West Asia tensions and higher Brent crude lifted inflation and rate expectations, a stronger dollar and weak Asian equities added pressure.