Union Bank of India trades higher on the BSE

Union Bank of India is currently trading at Rs. 54.10, up by 0.20 points or 0.37% from its previous closing of Rs. 53.90 on the BSE. The scrip opened at Rs. 53.75 and has touched a high and low of Rs. 55.10 and Rs. 53.75 respectively. So far 335433 shares were traded on the counter. … Read more

India’s NBFCs to go for offshore financing in 2020: Fitch

Global rating agency, Fitch Ratings in its latest report has said that India’s non-banking financial companies (NBFCs) will go for offshore financing in 2020 as funding conditions within the local market will continue relatively tight for NBFCs overall, though some improvement since the failure of Infrastructure Leasing & Financial Services (IL&FS) in late 2018. However, … Read more

Shemaroo Entertainment planning to raise funds by various means

Shemaroo Entertainment is planning to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holders to apply for equity shares or right issue or any other eligible securities through qualified … Read more