Riverwood Capital

IPO screener: Goldman Sachs-backed Samhi Hotels sees muted response on Day 1

IPO screener: Goldman Sachs-backed Samhi Hotels sees muted response on Day 1

 The IPO of Samhi Hotels witnessed a lacklustre response from all category investors on Day 1 of public subscription on Thursday. The ₹1,370.10 crore IPO, which consists of a fresh issue of equity shares worth ₹1,200 crore and an OFS of 1.35 crore shares by existing shareholders, was subscribed just 7 per cent. The IPO comes out […]

IPO screener: Goldman Sachs-backed Samhi Hotels sees muted response on Day 1 Read More »

Stock Market Live Updates: Asian markets follow Wall Street’s lead with strong Friday rally

Stock Market Live Updates: Asian markets follow Wall Street’s lead with strong Friday rally

AMNPLST Dividend – Rs. – 0.5000 APOLLOPIPES Final Dividend – Rs. – 0.6000 ASHOKALC Dividend – Rs. – 1.0000 ASL Final Dividend – Rs. – 0.5000 BIGBLOC Final Dividend – Rs. – 0.4000 CANTABIL Final Dividend – Rs. – 2.5000C IFL Final Dividend – Rs. – 0.1000 CREATIVE Final Dividend – Rs. – 10.0000 CSLFINANCE

Stock Market Live Updates: Asian markets follow Wall Street’s lead with strong Friday rally Read More »

SEBI may tighten norms for broker partners to curb unauthorised trades, misselling

SEBI may tighten norms for broker partners to curb unauthorised trades, misselling

The Securities and Exchange Board of India (SEBI) has raised concerns on the proliferation of authorised persons (AP) and has asked brokers to keep a closer tab on their activities. The regulator may bring out tighter norms for these entities given the increasing complaints about APs offering assured returns, taking payment in cash, carrying out

SEBI may tighten norms for broker partners to curb unauthorised trades, misselling Read More »

SAT finds SEBI’s probe on Punit Goenka in Zee case appears to be witch-hunt

SAT finds SEBI’s probe on Punit Goenka in Zee case appears to be witch-hunt

The Securities Appellate Tribunal (SAT) on Thursday said SEBI’s proceedings against Punit Goenka in the matter related to Zee appears to be a witch-hunt because some of the investigations carried out by the regulator may not be relevant. The Tribunal also asked SEBI if it will be able to complete the investigations in eight months

SAT finds SEBI’s probe on Punit Goenka in Zee case appears to be witch-hunt Read More »

‘Threefold growth seen in out of home coffee consumption over next decade on rising incomes’

‘Threefold growth seen in out of home coffee consumption over next decade on rising incomes’

Coffee retailer Tata Starbucks Pvt Ltd sees the out of home (OOH) coffee consumption volumes in India rising three times over the next decade on rising income levels and growing urbanisation. “From around 1,153 million cups in 2023, the consumption is forecast to rise to 2,501 million cups in 2033,” said Sushant Dash, CEO, Tata

‘Threefold growth seen in out of home coffee consumption over next decade on rising incomes’ Read More »

SEBI revokes Brickwork Ratings’ wind-up order; ban on new clients to remain

SEBI revokes Brickwork Ratings’ wind-up order; ban on new clients to remain

The market regulator, Securities and Exchange Board of India (SEBI), revoked its earlier wind-up order against Brickwork Ratings (BWR) and passed several directions to the rating major. In a fresh order on Wednesday, SEBI restrained BWR from onboarding new clients for six months and asked it to increase the number of board members to nine

SEBI revokes Brickwork Ratings’ wind-up order; ban on new clients to remain Read More »

Upasi seeks hike in export incentives for plantation crops, value added commodities

Upasi seeks hike in export incentives for plantation crops, value added commodities

The United Planters’ Association of South India (Upasi) has stressed the need to incentivise exports by way of increasing the rates to five per cent for plantation commodities and 7 per cent for value-added commodities. The present RoDTEP rates for tea at 1.7 per cent, coffee at 1.4 per cent, pepper at 1 per cent

Upasi seeks hike in export incentives for plantation crops, value added commodities Read More »

India’s natural rubber production may drop 5% on deficient rainfall in Kerala

India’s natural rubber production may drop 5% on deficient rainfall in Kerala

India’s natural rubber production will likely be five per cent lower this fiscal in view of deficient rainfall in Kerala, which accounts for over 90 per cent of the industrial commodity’s production, said Ramesh Kejriwal, President, All-India Rubber Industries Association (AIRIA).  “The rubber growing area will be down by 10 per cent. At the same

India’s natural rubber production may drop 5% on deficient rainfall in Kerala Read More »

Scroll to Top