Company Updates

YES Bank surprises with FPO floor price at Rs 12

YES Bank surprises with FPO floor price at Rs 12

Yes Bank management has surprised markets by announcing follow-on public offer with floor price of Rs 12. The FPO will open on July 15 and continue till July 17, 2020.

EveryMatrix Software’s partnership with Competition Labs to help improve player retention, lifetime values

EveryMatrix Software’s partnership with Competition Labs to help improve player retention, lifetime values

Malta-based online casino software developer EveryMatrix Software Limited’s recently announced partnership deal with Competition Labs Limited is widely expected to help the company improve its play

Prakash Gaba: Trading Call Performance for Bajaj Finance, ITC, HDFC Bank and Reliance

Prakash Gaba: Trading Call Performance for Bajaj Finance, ITC, HDFC Bank and Reliance

Market expert Prakash Gaba suggested four BUY Calls for today’s trading session and TopNews will review the performance of these trading calls.

Jio Ambani Jio: Not Surprised as Jio Platforms raises $847 million, say Market Analysts

Jio Ambani Jio: Not Surprised as Jio Platforms raises $847 million, say Market Analysts

Reliance Industries has been in the news for the last two months as the company has been announcing one after another investments from private equity majors in its technology venture Jio Platforms.

Investors Flock to Pick Up Stake in Ambani’s Jio Platforms

Investors Flock to Pick Up Stake in Ambani’s Jio Platforms

Mukesh Ambani announced his plans to make Reliance Industries debt free by early 2021.

ITC to acquire Kolkata-based spices company Sunrise Foods for Rs 1,800-2,000 crore

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India. Sunrise Foods has been in the market for nearly 70 years and the company has a strong portfolio of blended and natural spices. ITC will pay and estimated Rs 1,800 to 2,000 crore for acquisition of Sunrise Foods. ITC has been improving its product portfolio and pan-India presence in FMCG sector and acquisition of Sunrise Foods will give it a strong foothold in East

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India.

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