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Yesterday's big news was related to Tata Capital. Tata Capital has filed draft red herring prospectus (DRHP) near SEBI for IPO. At the same time, third party logistics company Delhiwari Ecom Express Limited will be purchased for Rs 1,407 crore. The company's board has approved the purchase of about 99.4% shares of Ecom Express.
Today's headlines before tomorrow's big news, which will be seen …
- The stock market will be closed today due to weekly holidays.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Tata Capital filed Draft-Papers filed with SEBI: Plan to raise ₹ 15 thousand crore with issue, the company's listing can be done by September
Tata Capital, the financial services company of Tata Group, is preparing to bring its initial public offering i.e. IPO. According to reports, the company has filed a draft Red Herring Prospects (DRHP) ie draft papers for IPO for IPO.
According to media reports, SEBI has a pre-filing conferencing for the IPO of Tata Capital Financial Services Limited. The Confidential Pre-Filing route was introduced by SEBI in November 2022. Under this, companies help in filing their DRHP without making their necessary business details public.
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2. Delhiwari will buy Ecom Express for ₹ 1,407 crore: Board approved to buy 99.4% shares, information given in exchange filing
Third party logistics company Delhiwari Ecom Express Limited will buy for Rs 1,407 crore. The company has informed the exchange on 5 April that the board has approved the purchase of about 99.4% shares of Ecom Express.
The company said in the exchange filing on Saturday that the purpose of this acquisition is to increase the scale of Delhiri, which will strengthen its value proposal for customers. E-commerce is logistics company. It was established in 2012. The Ecom Express Limited is not a list in the stock market.
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3. Pishuya Goyal said – Chinese startup robots are making: we are shopping; Jepto co-founder reply- Criticism easy, we have given employment to 1.5 lakhs
In response to Union Commerce and Industry Minister Piyush Goyal's statement on Indian startups, Jepto co-founder Adit Palicha said that it is easy to criticize internet startups. Jepto has given employment to 1.5 lakh people and it is not appropriate to connect the region only with delivery apps. Adit wrote in the social media post that a company named Jepto did not exist 3.5 years ago, it is paying more than ₹ 1,000 crore tax to the government every year.
Indian Startups was criticized by Union Commerce and Industry Minister Piyush Goyal at the ongoing Startup Mahakumbh at Bharat Mandapam in Delhi. Goyal questioned the lack of innovation and delivery-based business models and compared with China, saying, will we just shoplifting? After this, people are criticizing this on social media platforms. At the same time, the Union Minister broke all its hideout on the Congress in talk to Dainik Bhaskar.
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4. Gold became expensive this week, silver falls: Gold increased by ₹ 1,850 to ₹ 91,014, silver fell ₹ 7,982 to ₹ 92,910 kg
This week, the price of gold increased and silver prices declined. According to the website of India Bullion and Jewelers Association (IBJA), gold was at Rs 89,164 on last Saturday i.e. March 29, which has now reached Rs 91,014 per 10 grams (5 April). That is, its price has increased by Rs 1,850 this week.
At the same time, when it comes to silver, it was at Rs 1,00,892 last Saturday, which has now come to Rs 92,910 per kg. In this way, its price has come down by Rs 7,982 this week. On March 28, silver made an all -time high of Rs 1,00,934 and gold on April 3.
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5. FD vs Post Office National Time Deposit Account: HDFC and Yes Bank changed the fixed deposit interest rate, see where how much interest now
HDFC and Yes Bank have recently changed the interest rates of fixed deposits (FD). In such a situation, if you are planning to get FD in these banks or any other bank, then before this, you should also know about the National Time Deposit account of the post office.
Here, apart from the National Time Deposit Account of the post office, we are also telling you how much interest the country's major banks are offering on FD.
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Tomorrow, see who should be the top-10 richest in the world…
If the market was closed due to Saturday's holiday tomorrow, then know the condition of Friday's stock market and gold and silver …
Know the latest price of petrol-diesel and gas cylinders …
