By Administrator_India Capital Sands Kerala-based Kalyan Jewellers India has filed its offer document with the SEBI for a Rs 1,750-crore initial public offering . The issue comprises fresh fundraise of Rs 1,000 crore and Rs 750-crore secondary share sale by promoter T S Kalyanaraman and private equity firm Warburg Pincus. This IPO will be the biggest by a jewellery […]
Author: Administrator_India
EC defers bypolls for one Lok Sabha, 7 Assembly seats due to COVID-19
By Administrator_India Capital Sands The states where the bypolls have been deferred are — Valmiki Nagar Lok Sabha seat in Bihar, two Assembly seats each in Tamil Nadu and Uttar Pradesh, and one each in Assam, Madhya Pradesh, and Kerala. Most of these seats fell vacant due to the death of sitting members. A senior […]
Gold prices fall by Rs 1,492, silver tanks by Rs 1,476 on weak global cues
By Administrator_India Capital Sands Gold prices plunged by Rs 1,492 to Rs 52,819 per 10 grams on Thursday in the national capital in line with sell-off in international prices of the precious metal, according to HDFC Securities. The yellow metal had closed at Rs 54,311 per 10 grams in the previous trade. Silver also witnessed weak […]
Indian Oil Corp nears first deal to export fuels to Mauritius
By Administrator_India Capital Sands Indian Oil Corp, the country’s top refiner, is close to winning its first contract to export up to 720,000 tonnes of clean products to Mauritius under an annual deal from November, two sources familiar with the matter said. IOC mostly stays away from participating in term tenders for fuel exports as […]
India in talks with 13 nations for air bubble arrangement
By Administrator_India Capital Sands India is negotiating with 13 countries, including Australia, Japan and Singapore, to establish separate bilateral air bubble arrangements for international flight operations, Civil Aviation Minister Hardeep Singh Puri said on Tuesday. Under a bilateral air bubble pact, airlines of both the countries can operate international flights with certain restrictions. Since July, India has […]
25% equity plans make less than 5% allocation to Reliance Industries
By Administrator_India Capital Sands One of four diversified equity schemes had made less than 5 per cent allocation of their corpus to Reliance Industries at the end of July. The Mukesh Ambani-led firm’s stock has more than doubled from its March lows and quadrupled since December 2016. It had a weighting of 14 per cent on […]
What is spread & tick (Pips) move and how does it work?
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in […]
Foreign visitors to Mexico plunge 41% in first half of 2020
By Administrator_India Capital Sands Mexico received at least 13 million foreign visitors during the first six months of 2020, a drop of 41.2% from the same period last year, Tourism Minister Miguel Torruco said late Tuesday, as the coronavirus pandemic hammered the tourism industry. Torruco said in a statement that the decline in tourists had […]
Entrepreneurship Is All About Overcoming Obstacles
Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) After dropping out of school began […]
U.S. job growth forecast to slow sharply in July as COVID-19 cases soar
By Administrator_India Capital Sands U.S. employment growth likely slowed significantly in July amid a resurgence in new COVID-19 infections, which would provide the clearest evidence yet that the economy’s recovery from the recession caused by the pandemic was faltering. The Labor Department’s closely watched employment report on Friday could pile pressure on the White House […]