Author: Sharique Samsudheen

Founder & CEO at fundfolio. Entrepreneur at Heart, Startups, Personal Finance and Investment freak!
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News Shots The online bus ticketing platform redBus announced foray into rail ticketing with the launch of redRail, a rail ticket booking service in collaboration with IRCTC as their authorised partner. The B2B e-commerce firm Indiamart Intermesh has acquired a stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore. Dish TV, […]
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News Shots HDFC will raise up to Rs 10,000 crore by issuing bonds on a private placement basis to augment its long-term capital. Fitch Ratings has affirmed Bharti Airtel’s long-term foreign currency Issuer Default Rating (IDR) and senior unsecured rating at ‘BBB-‘. The outlook on the IDR is negative Tarsons Products stock will make its […]
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  2. Pre Market Report
News Shots Taiwanese IT hardware firm Acer has roped in domestic electronic manufacturing services firm Dixon Technologies for making its laptops in India, both companies said in a joint statement on Wednesday. The facility will have a capacity to manufacture up to 5 lakh Acer laptops annually. ICICI Bank raised Rs 3,595 crore through infrastructure […]
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News Shots Bharti Airtel’s credit outlook has been changed from stable to positive by Moody’s Investor Service. Zomato’s South African subsidiary has initiated the process of deregistration, as the company tries to shut down loss-making operations. The RBI has approved the appointment of Banavar Prabhakar to be part-time Chairman of Ujjivan Small Finance Bank for […]
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News Shots Kotak Mahindra Bank and PVR launched a co-branded debit card, claiming to be the first ones to offer such a product in the movie and entertainment genre. Coal India allocated 72.1 percent higher quantity of coal at 17.34 million tonnes under the special forward e-auction scheme to the power sector during the April-September […]
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News Shots Macrotech Developers has launched its Rs 4,000 crore qualified institutional placement(QIP) on Monday. The floor price is set at Rs 1,184.70/share which is at a discount of 7.8% to the current market price. Phoenix Mills and Canada Pension Plan Investment Board have entered into an agreement to develop a mixed-use office complex in […]
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  2. Pre Market Report
News Shots Sun Pharmaceutical Industries is gearing up to introduce Merck Sharpe Dohme and Ridgeback’s molnupiravir under the brand name Molxvir in India. Moody’s Investors Service has upgraded the rating of Tata Power to Ba2 with stable outlook from Ba3 with stable outlook. Wipro has launched an automotive e-commerce cloud solution for direct-to-consumer marketplaces to […]

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