The Bank of Baroda's board has decided to raise up to ₹5,000 crores via bonds in the fiscal year 2022-23. As per the state-run lender, the aimed amount would be clocked in a single or multiple tranches. Further, the raised capital would be deployed for funding infrastructure and affordable housing. Moreover, these bonds shall be older, unsecured, and will not make part of the lender's capital.
Open FlipBrigade Group announced the development of a housing project in Chennai with an estimated revenue of Rs 1,500 crore over the next five years. The company said in a statement that it has entered a Joint Development Agreement (JDA) to develop around 2.1 million square feet in Chennai. The land is located at Perumbakkam, is spread over 15 acres and will be developed as a large residential township.
Open Flip🚀Marathon Nextgen Realty: The scrip hit a 52 week high of ₹217.40 in trade on the NSE today. The shares has given a 82.62% return to its shareholders in the past 6 months. 🚀Wendt: It touched a new 52-week high of ₹8,887.30, breaching its last 52-week high of ₹8,200.00. 🚀Kohinoor Foods: It hit a fresh 52-week high at the current price and it has exceeded the previous 52-week high of ₹101.15.
Open FlipTerra’s collapsed stablecoin USTC has again entered the top 100 cryptocurrencies after recording a sudden 300% spike in prices over the past 24 hrs. According to the reports, increased volatility related to Terra’s newly launched token LUNA 2.0 has helped TerraClassicUSDto register a surge of more than 400% over the past 7 days. It was trading at an average price of around $0.042 at 6:45 PM IST.
Open FlipFoot Locker Retail Inc, the subsidiary of Foot Locker Inc signed a definitive agreement to sell the Team Sales business to BSN SPORTS. The financial terms of the deal were not disclosed as per the reports. Both entities plan to close the transaction in the coming weeks and fully consolidate the Eastbay.com retail website into the Champs Sports banner.
Open FlipStar Health and Allied Insurance revealed on June 27 that it has entered a corporate agency agreement with IDFC First Bank. The aforementioned agreement has been made for the distribution of its health insurance solutions. Under this agreement, Star Health will provide its health insurance products to the customers of the bank leveraging its massive distribution network.
Open FlipInflation refers to the situation where prices of various goods rise in an economy. So, if inflation is keeping out money from your pocket, here are the top 5 hacks you can do to beat it: 👉Plan your expenses 👉Effectively plan your investment portfolio 👉Invest in inflation-demand consumer product stocks 👉Deposit money in a high-yielding savings account 👉Do not panic about the situation
Open FlipAzuro, a platform whose aim is to decentralize the betting market, has successfully garnered a whopping $4 million in a funding round. The aforementioned funding round saw participation from Investors like Hypersphere, Ethereal Ventures, Arrington Capital, Delphi Digital, AllianceDAO, Gnosis, and Merit Circle. the company would use the funds to create a decentralized betting ecosystem.
Open FlipCronos Group Inc., in collaboration with Geocann, has brought into the market, a range of products that will employ the VESIsorb delivery system. The CBD Gel Capsule by Lord Jones is the first VESIsorb formulated product the companies have launched together. It is noteworthy that VESIsorb is the delivery system meant to improve the bioavailability of difficult-to-absorb ingredients.
Open FlipCoinbase Global witnessed a downfall in its shares on Monday Monday after Goldman Sachs downgraded the stock to Sell from Neutral. The financial service company cited the likelihood that revenue declines will accelerate in the second half of the year. It also slashed the price target on Coinbase to $45 from $70 on Monday as it outlined many pressures the company and its stock to undergo.
Open FlipCynthia Lummis, the Republican senator of Wyoming has crafted a new crypto bill with a former democratic candidate for president in the 2019 primaries, Kirsten Gillibrand. The aforementioned bill is not directly aimed at crypto, instead, it's a kind of an exemplary bill for Congress members on how to draft crypto bills in the near future.
Open FlipToshiba Corp to Sony Group Corp, the leading semiconductor makers from Japan warned against a crisis of engineers threatening the government’s push to revive its domestic chip industry. According to the reports, Japan Electronics and Information Technology Industries Association highlighted 8 big producers to hire about 35,000 engineers in the next 10 years to keep up with the pace of investment.
Open FlipHave you traded from flipitmoney yet? If not, start trading & win up to Rs. 200 on your first trade. Steps: ✅ Click on the trade button while reading news & trade the stock on the go! ✅ Or go to the advice section, find recommendations from the top brokers in India and trade! Once you complete your first trade click on the trophy icon & redeem your cash reward! What are you waiting for?
Open FlipOne of the largest accounting firms in the world, Deloitte, has partnered up with Bitcoin firm NYDIG. The aforementioned companies will jointly aid companies in integrating their digital asset services. The joint entity will lay emphasis on supporting businesses that intend to offer financial services linked to Bitcoin.
Open FlipThe Rajiv Gandhi International Airport had more than 1.5 million domestic travelers and about 0.27 million international travelers in the previous month, which is 93% & 86% of the pre-covid levels. The GMR Group airport has highlighted that the Hyderabad airport has the highest international passenger recovery as compared to other metro airports in the country.
Open Flip