Prataap Snacks considering to further increase 10.48% stake in Avadh
Fri, Feb 5, 2021 3:10 PM

Prataap Snacks considering to further increase 10.48% stake in Avadh

A Flip by Flipitnews
Get it on Google Play
Prataap Snacks Limited okayed the acquisition of further 10.48% of paid-up equity share capital of Avadh Snacks Private Limited (Avadh), the subsidiary, for an aggregate value of Rs33cr. Currently, the food company holds 80% of paid-up equity share capital of Avadh. After the acquisition, the holding of the Company in Avadh will increase to 90.48% of paid-up equity share capital.

More great flips

CIBIL: Not checking your credit score regularly?

CIBIL: Not checking your credit score regularly?

It is believed that one should monitor their credit score regularly. It is recommended to check the CIBIL score at least once a year for several reasons. For instance, what if the CIBIL score does not reflect your real creditworthiness because of some inadvertent mistakes in it. Or if you have a plan to raise a huge loan next year.

Open Flip
IIFL Home Finance picks 5% stake in RMBS Development Company

IIFL Home Finance picks 5% stake in RMBS Development Company

IIFL Home Finance has bought a 5 percent "strategic stake" in RMBS Development Company Ltd for Rs 25 crore, the company said on March 28. ICICI Bank, HDFC Bank and Bajaj Finance hold a 7 percent stake each in the company. Shriram Housing Finance, Aditya Birla Housing Finance, Hero Housing Finance and Grihum Housing Finance Limited have a 5 percent stake each in RMBS.

Open Flip
JPMorgan says US stocks are so crowded they may crack at any time

JPMorgan says US stocks are so crowded they may crack at any time

It’s the talk of the stock market: What will be the sign that the five-month rally in US equities is coming to an end. But if you ask JPMorgan Chase Co.’s Dubravko Lakos-Bujas, investors may not see it coming when it hits. The Wall Street giant’s chief global equity strategist warned clients on Wednesday that they could be “stuck on the wrong side” of the momentum.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon