Mon, Feb 5, 2024 9:57 AM
Aurobindo Pharma shares fall 3% as USFDA issues 9 observation to subsidiry.
A Flip by Avya Verma
Exchange traded funds tracking gold and silver prices witnessed a five-fold surge in turnover on October 29 - when Dhanteras, which marks the start of Diwali, was celebrated. Better tax structure for these products and strong returns in the recent past prompted investors to buy gold and silver ETFs on that day, considered auspicious for buying precious metals.
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Venture Debt firm Alteria Capital on October 31 has announced a Rs 200-crore debt investment in Gurugram-based direct-to-home food essentials brand Country Delight as demand for fresh food delivery and quick commerce is increasing in the Indian market. This strategic funding comes at a time when Country Delight is preparing for significant expansion and an impending IPO.
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Zaggle Prepaid Ocean Services plans to raise ₹950 crore through equity shares and securities to fund strategic growth and operational enhancements, following a 112% revenue growth in Q1FY25 with a 10.7% EBITDA margin. The company also appointed a new Non-Executive Director and saw its shares close 0.3% lower at ₹439.
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