Fri, Feb 5, 2021 2:18 PM
IndusInd Bank to open a new branch at Katra in Jammu & Kashmir
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FirstMeridian Business Services Limited has refiled its Draft Red Herring Prospectus (DRHP) with Sebi after it decreased its initial public offering (IPO) size to ₹740 crore from ₹800 crore planned earlier. Currently, the staffing company's maiden issue consists of fresh issuance of equity shares worth ₹500 crore and an Offer For Sale (OFS) of ₹690 crore.
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✅European shares fell on Monday amid a rout across the board. The pan-European STOXX 600 was down 0.6% at 0818 GMT. ✅A positive candle is developed on the daily chart with an upper and long lower shadow. ✅ The Moving Average Convergence Divergence (MACD) indicator revealed that bullish trade on the counters of NTPC, Bajaj Finserv, Laurus Labs, and Bajaj Finance, among others to continue.
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GAIL (India) today reported that it is in discussions with Gazprom Marketing and Trading Singapore (GMTS) about the natural gas supply. The country's largest gas distributor further announced that the natural gas supply from GMTS is likely to commence shortly. GAIL logged a 92% YoY fall in Q3 PAT to Rs 245 crore due to lower gas sales owing to supply disruptions from Gazprom.
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