Latest Updates Around The World
The past few days have brought more action than many months combined: a Union Budget, a major deal between India and the US, sharp swings in gold and silver, and turbulence in the stock market. The question to ask is whether investors should follow every development or simply ignore the noise.Market veteran Madhusudan Kela, with […]
Delhi: With the Budget around the corner, market veteran Madhusudan Kela expressed confidence that fiscal discipline will continue while highlighting the opportunities arising from market corrections.“…There could be a lot to come over the course of the year. There is a clear revenue gap due to tax cuts, but there has been enough spending cuts […]
SME SAR Televenture has raised Rs 208.46 crore through the issuance of over 1 crore warrants from a group of investors including Madhusudan Kela-backed fund, Choice Strategic Advisors and the promoter group.The warrants were issued at a price of Rs 207 each and Kela’s Founder Collective Fund bought Rs 25 crore worth of warrants. Choice […]
Tilaknagar Industries Ltd (TI), leading producer of premium brandies, has allotted 34 lakh shares to Singularity Equity Fund, the investment vehicle backed by star investor Madhusudan Kela. These shares were issued to warrant holders upon conversion, the company said in a filing. This move strengthens the company’s capital base at a time when the company […]
