L&T Finance NCD 2019 – Upcoming NCD Issues in India

L&T Finance NCD 2019: L&T Finance Limited, one of India’s largest financial service company is issuing the NCDs (Non-Convertible Debentures) for investment from March 06, 2019 to March 20, 2019. L&T Finance Limited belongs to the Kolkata-based L&T Group which is the leading business conglomerate in India. It is the brand name of L&T Finance Holding Limited which is a BSE and NSE listed company registered with RBI as a Non-Banking Financial Company – Core Investment Company (NBFC – CIC).

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Kotak Overnight Fund: New Fund Offer (NFO) of Kotak Mutual Fund

Kotak Overnight Fund: New Fund Offer (NFO) of Kotak Mutual Fund being offered from 10-January-2019 to 14-January-2019. According to the Kotak Mutual Fund, this scheme is suitable for investors who are seeking:- Income over a short-term investment horizon, and Investment in debt & money market securities having the maturity of one business day. About Kotak Overnight Fund NFO Name of the Scheme Kotak Overnight Fund Fund House DSP Mutual Fund Scheme Type Open-Ended Scheme Category Debt Fund Plans Direct and Regular, Both have Growth and Dividend Issue Starts 10-January-2019 Issue Closes 14-January-2019 NFO Unit Price Rs 1,000 per unit Minimum Investment […]

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Diksha Greens IPO – Upcoming IPO in India of Diksha Greens Limited

Diksha greens IPO is set to be issued from 26-Nov-2018 to 28-Nov-2018. Company Details    Diksha Greens Limited is a company incorporated in Kolkata, West Bengal in July 2004. The primary business of this company includes trading in wooden lags and timbers, the operation of the saw mill, manufacturing of veneer sheets, and multi-commodity cold storage. The company obtained Importer-Exporter code (IEC) in 2006 and started importing the wooden logs and timber from countries such as Malaysia, Vietnam, and Burma in Asia, Nigeria, Ghana and Ivory Coast in Africa, Ecuador, Salvador, and Costa Rica in America, Solomon Island, Papua, and Guinea etc.   […]

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The Stir Amongst NBFCs: What Will Be the Impact on Small Institutions?

     Recent crisis of Infrastructure Financing and Leasing Services Ltd (IL&FS), a NBFC, has triggered so many future concerns. There are many fresh regulations are possible on NBFCs and other financial institutions. Will it cause any difficulty for big houses or it will hit badly the smaller financial companies? What is a NBFC? In India, according to the Companies Act, 1956, a Non Banking Financial Company (NBFC) is a company which is primarily engaged in loans and advances, acquisition of shares/stocks/bonds/debentures/securities, engaged in insurance business. This type of company can not open current and savings accounts and can not […]

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Market Cheering Up on Wednesday, IT, Tech Shares Top Runners

After fall in indices on Tuesday, market on Wednesday opened in green but they fell in red in next 30 minutes. However, the downfall was recovered shortly and both the indices are up around 1%. One hour before closing of Wednesday, the SENSEX is up by about 436 points and the NIFTY is up by about 150 points. Top gainers in BSE are Cummins India Ltd (+13.38%), Torrent Power (11.96), PNB Housing Finance (+10.78%). Top losers in BSE are Navin Fluourine Int (-5.98%), Indian Energy Exchange (-5.18%), Vakrangee (-4.94%). While in NSE, top gainers are Indiabulls Housing Finance (+7.85%), Tech […]

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Market Ends in Red on Tuesday Followed by Big Gain on Monday

Stock markets failed to continue the green line on Tuesday what they caught on Monday. SENSEX was closed down by 176.27 points and NIFTY closed down by 52.45 points. There was a major gain on Monday after long bleeding and it was up by around 2% in both the exchanges. But the same could not be maintained on Tuesday and even it was not closed in green. Amid the pressure due to domestic factors, both the indices remained in pressure whole the day. However, a majority of sectoral indices ended up in a green, some sectors ended in red also. […]

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