By Administrator_ India Capital Sands Markets regulator Sebi on Tuesday mandated usage of electronic book mechanism for issuance of Additional Tier 1 (AT1) instruments. The mechanism has been made mandatory for such instruments irrespective of the issue size. Perpetual non-cumulative preference shares, innovative perpetual debt instruments and perpetual debt instruments, commonly referred to as AT1 instruments, […]
Business
Kalyan Jewellers files IPO for Rs 1,750-cr in largest offer in its sector
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 […]
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 […]
China’s economy rebounds in second quarter after steep slump, consumption and investment still weak
By Administrator_India Capital Sands China’s economy returned to growth in the second-quarter after a deep slump at the start of the year, but domestic consumption and investment remained weak as the shock from the coronavirus crisis underscored the need for more policy support to bolster the recovery. The GDP data, as well as key June […]
SBI Wecare Deposit: Check out all details about SBI’s special fixed deposits scheme for senior citizens
By Administrator_India Capital Sands The scheme is known as ‘SBI Wecare Deposit’, this will help senior citizens get higher interest rate on their money and to safeguard the interests of senior citizens in the current falling rate regime. Known as SBI Wecare Deposit,SBI has launched a special FD scheme for senior citizens in India. Under […]
Asia stocks slide as coronavirus fears return
By Administrator_India Capital Sands Asian shares fell sharply on Friday and oil prices extended losses on growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery in economies reopening from lockdowns, or even lead to fresh restrictions. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 1.52%, after a strong run-up […]
Oil prices drop amid supply glut, fears of second coronavirus wave
By Administrator_India Capital Sands Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers. Brent crude futures LCOc1 were down 73 cents, or 2.4%, at $30.24 a […]
Trust is the Key to success: Arun Kumar Saini
It is enviable success story of a young entrepreneur, who made a turnover in crore for his companies in just 5 year Capital Group of Companies & ario Holdings is the leading companies in India as well as in abroad, is on the threshold of future development. Started just Five year ago. Arun KumarSaini started his […]
Dollar edges up, Asian stocks slip as U.S.-China tensions flare
By Administrator_India Capital Sands The dollar inched higher, stock markets struggled for traction and oil fell on Monday as a U.S.-China spat over the origin of the coronavirus put the brakes on optimism about an economic re-start as countries around the world ease restrictions. In reduced trade, with China and Japan on holiday, U.S. stock […]
Arun Kumar Saini – Enterprises & Businessman, Group companies with interests in education, real estate, financial services and brand holdings.
Arun Kumar Saini born & brought in Village Kushak Hiranki (Delhi) Capital of India. Arun Kumar Saini started taking a keen interest in business when he was 16. He had seen his father, C.S. Saini, working harder in his life & inspiration. After completing Class 10 in 1997, he decided to take a break from […]