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MRP Agro Limited gets listed on BSE SME platform
MRP Agro Limited became the 332nd company to get listed on the BSE SME platform today. The company came out with an IPO of 8,10,000 shares of Rs 10 each at a price of Rs 40 each, aggregating to Rs 3.24 crore.
KKR & Co. has agreed to an all-stock merger of its India lending unit KKR India Financial Services (KIFS) with InCred, a shadow bank promoted by former Deutsche Bank officials, ending nearly 10 months of negotiations, said people aware of the matter.
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Shares of IndiaMart InterMesh climbed nearly 7 per cent in Thursday’s after the company launched qualified institutional placement, setting the floor price for the issue at Rs 9,065.61 based on the pricing formula. The company board will on February 22 decide the final issue price after consulting with the book running lead managers.
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Price as on 18 Feb, 2021 12:11 PM, Click on company names for their live prices.
Hyundai lines up Rs 3,200 crore to ramp up India portfolio
Hyundai Motor will invest more than Rs 3,200 crore in India in four years to expand product portfolio and launch cars, including a series of electric vehicles, as the company bets on green mobility to strengthen its local operations.
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Australia shares end flat as energy stocks weigh; Treasury Wine shines
Australian shares ended a volatile session flat, with lacklustre annual results from Woodside Petroleum dragging energy stocks lower, while Treasury Wine notched its best day in five years after the company unveiled plans to overhaul its business. The S&P/ASX 200 index ended flat at 6,885.9 points on Thursday. The benchmark closed 0.5% lower on Wednesday.
Dr Reddy’s launches Fluphenazine Hydrochloride tablets in US
Drug major Dr Reddy’s Laboratories on Thursday said it has launched Fluphenazine Hydrochloride tablets, used for management of manifestations of psychotic disorders, in the US market. Shares of Dr Reddy’s Laboratories were trading 0.88 per cent higher at Rs 4,642.25 apiece on BSE.
RailTel IPO subscribed over 7 times so far on last day
The Rs 820-crore RailTel Corporation IPO was subscribed over 7 times on Day 3 of the bidding process so far. By 10.20 am, the issue had received bids for 44,42,32,325 shares, which was 7.29 times the total issue size of 6,11,95,923 shares.
Arvind Fashions to raise Rs 200 cr via rights issue
Arvind Fashions on Thursday said its committee of directors has approved raising around Rs 200 crore through a rights issue. The committee of directors of the company has approved the issue of 1,48,02,856 partly paid-up equity shares of face value of Rs 4 each at an issue price of Rs 135 per equity share for up to Rs 199.84 crore to all the existing equity shareholders of the company…
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