Farmers to benefit by going digital on Kisan Credit Card
Sat, Sep 3, 2022 2:59 PM

Farmers to benefit by going digital on Kisan Credit Card

The RBI has launched a scheme to digitize Kisan Credit Cards to completely transform the credit delivery system in rural areas. With this, digitization of Kisan Credit Cards will help in making the lending process more efficient and reduce the cost to borrowers. According to RBI, the time taken from applying for the loan to its disbursement will also reduce significantly.

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BLS International Services announces record date for final dividend
Sat, Sep 3, 2022 2:54 PM

BLS International Services announces record date for final dividend

The board of directors of BLS International Services Ltd has suggested a final dividend of 25% of the face value or Rs. 0.25 per equity share with a face value of Rs. 1. Owing to this, the company has set September 14, 2022, as the record date for dividend purpose. BLS International Services Ltd is a multibagger stock of 2022. It has given a 118.78% multibagger return last year.

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FMCG stock fixes record date for 250% dividend
Sat, Sep 3, 2022 2:39 PM

FMCG stock fixes record date for 250% dividend

The board of directors of Patanjali Foods Ltd had suggested a dividend of ₹5 per equity share or 250% at a face value of Rs. 2 per share for the financial year ended 31st March 2022. In this regard, the company has fixed 23 September 2022, as the ex-date for dividend purposes. The company operates in the Fast Moving Consumer Goods industry.

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Maruti Swift to unveil latest model with new features
Sat, Sep 3, 2022 2:29 PM

Maruti Swift to unveil latest model with new features

The next generation Suzuki Swift has already been spotted several times in the past few weeks for testing on the roads of Europe. According to the information, it may premiere globally by the end of this year. Apart from this, many new features will also be seen in the car. Also, a completely new design front end has been given to the version.

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SUGAR Cosmetics receive its first startup investment from Ranveer Singh
Sat, Sep 3, 2022 2:17 PM

SUGAR Cosmetics receive its first startup investment from Ranveer Singh

The D2C brand SUGAR Cosmetics has received the first startup investment from Bollywood star Ranveer Singh, the company said on Saturday. However, it did not disclose the investment figure. Vineeta Singh, co-founder & CEO, SUGAR Cosmetics said, "SUGAR is the makeup of choice for bold, independent women who refuse to be stereotyped into roles & if someone shares the same DNA as ours, it is Ranveer."

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TECNO to introduce polychromatic photoisomer technology in India
Sat, Sep 3, 2022 2:07 PM

TECNO to introduce polychromatic photoisomer technology in India

The introduction of Polychromatic Photoisomer Technology in India has been announced by TECNO, a leading global manufacturer of premium smartphones. The monochrome back cover of a smartphone may now successfully display various changing colours when illuminated, creating an immersive "light chasing" experience. The new CAMON 19 Pro Mondrian will feature the widely acclaimed technology.

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Hindustan Zinc to infuse Rs 350 cr for 26% stake in Serentica Renewables
Sat, Sep 3, 2022 1:55 PM

Hindustan Zinc to infuse Rs 350 cr for 26% stake in Serentica Renewables

Hindustan Zinc announced on Saturday that it has signed a long-term renewable power delivery agreement with SPV Serentica Renewables India 4 Private Limited on September 2 for a maximum capacity of 200 MW. To meet the long-term power needs of Hindustan Zinc under PDA, the company will invest Rs 350 crore for a 26% stake in the special purpose vehicle, which was established on February 18.

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Do you own this high dividend paying stock?
Sat, Sep 3, 2022 1:30 PM

Do you own this high dividend paying stock?

💵The most alluring option for long-term earnings in the stock market is dividends. The best dividend stocks are the ones that have a history of consistent dividend payments over time📈. One such dividend-paying stock is TVS Srichakra Limited. The stock has given a massive 22 dividends since 2022. The firm announced two interim dividends of 300 per cent each in 2016.🔔

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Airtel introduces CDN ahead of 5G launch
Sat, Sep 3, 2022 11:46 AM

Airtel introduces CDN ahead of 5G launch

Bharti Airtel, the second-largest telecoms provider in India by user base, has entered the content delivery network market by introducing Edge CDN under its Edge Cloud Portfolio. To implement Edge CDN, the telecom company has teamed up with CDN enabler Qwilt. OTT, edtech, gaming and healthcare, all mission-critical and content-intensive segments will be Airtel’s focus areas.

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India's external debt rises 8% to over $600 billion
Sat, Sep 3, 2022 11:32 AM

India's external debt rises 8% to over $600 billion

India's external debt grew by 8.2% to $620.7 billion at the end of March 2022 from a year ago. According to the data of the Ministry of Finance, 53.2% of this external debt of the country is in the form of US dollars. Whereas the loan payable as Indian Rupee is 31.2%. According to the government, at present, the situation of external debt is under full control.

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Sterlite Power announces 1:1 ratio bonus shares issue
Sat, Sep 3, 2022 11:06 AM

Sterlite Power announces 1:1 ratio bonus shares issue

The board of directors of Sterlite Power has notified about bonus equity shares issue in the ratio of 1:1, i.e., one new bonus equity share of ₹2/- each for every existing fully paid-up equity share of ₹2/- each held by the existing shareholders. Vedanta Resources Chairman Anil Agarwal-led Sterlite Power Transmission had submitted its draft papers with Sebi to secure ₹1,250 cr via IPO.

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📢 India becomes 5th largest economy in the world!
Sat, Sep 3, 2022 11:00 AM

📢 India becomes 5th largest economy in the world!

🔔Good news comes in for India as it beat Britain to become the world’s 5th largest economy📊. India pushed Britain to 6th place. The Indian nation was ranked 11th among the largest economies a decade ago while Britain was in 5th place. As per the official GDP statistics for the first quarter of the current financial year, India is the fastest-growing economy in the world. 🎯

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Tamilnad Mercantile Bank IPO GMP stands at ₹34 today!
Sat, Sep 3, 2022 10:36 AM

Tamilnad Mercantile Bank IPO GMP stands at ₹34 today!

Tamilnad Mercantile Bank’s three-day IPO will open for public subscription next week on Monday. The lender has fixed the price band at ₹500-525 per share for its ₹832-crore initial share offer. According to the market observers, the GMP of the shares of Tamilnad Mercantile Bank stands at ₹34 in the grey market today. On September 15, 2022, the shares will be listed on BSE and NSE.

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Berkshire offloads 1.72 million stake in China's BYD
Sat, Sep 3, 2022 10:25 AM

Berkshire offloads 1.72 million stake in China's BYD

According to a filing, the investment firm owned by Warren Buffett, Berkshire Hathaway Inc has offloaded 1.72 million Hong Kong-listed shares of electric vehicle maker BYD for HK$450.83 million ($57 million). The stake sell lowered the holdings of Berkshire in BYD’s total issued H shares to 18.87% as of Thursday.

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All major cryptocurrencies trading in red on Sept 3
Sat, Sep 3, 2022 9:58 AM

All major cryptocurrencies trading in red on Sept 3

On September 3, all major cryptocurrencies were trading in a negative zone as the global crypto market cap dropped 0.39% to $978.54 billion over the previous day. Over the last 14 hours, the total crypto market volume surged 1.39% to $62.74 billion. The decentralised finance’s (DeFi) total volume stood at $5.08 billion, 8.09 per cent of the crypto market's 24-hour volume.

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