Business

SEBI changes norms for issuance of AT-1 bonds, minimum allotment size at Rs 1 crore

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 […]

Covid relaxation: Hotels, malls can stay open in Maharashtra till 10 p.m.
Business

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 collects Rs 300 cr from zero balance accounts in 5 years: Study
Business

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
Business

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 […]

Business Enterprises

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 […]