Euro Green Bond, PFC, ONGC, IMD, Ola Electric S1 Scooter
16 September 2021
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IMD Predicts Intense Rainfall Activity in these States till 18th Sep
On 16th September (Thursday) the India Meteorological Department said that the intense spell of rainfall is likely over Uttar Pradesh, Madhya Pradesh, East Rajasthan, Uttarakhand & Gujarat state till 16th September. There will be a fresh spell of heavy rain, likely over East India from 18th September. In the latest weather update, IMD said that fairly widespread rainfall along with isolated heavy falls is likely over West Madhya Pradesh, East Uttar Pradesh, and East Rajasthan & Gujarat till 17th September.
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PFC Issues India’s First “Euro Green Bond”
The Power Finance Corporation Ltd, leading NBFC is in the power sector has successfully issued its maiden Euro of 300 million Seven-year Euro Bond issuance on 13th September 2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in Euro Markets. The first-ever Euro denominated Green Bond issuance from India. Moreover, it is the first Euro issuance by an Indian NBFC & the first Euro bond issuance from India since the year 2017.
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Ola Electric sells S1 Scooters worth Rs 600 Crore in One Day
Ola Electric announced that the company has sold the Ola S1 scooters for more than Rs 600 Crores. The electric scooter company has opened the sale on 15th September (Wednesday) for the people who have reserved it in advance. Ola electric claims that it has managed to sell about 4 scooters every & every second of the first 24 hours. The value of scooter sold is claimed to be more than the entire 2W Industry sells in a day.
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ONGC, Oil India Scale 52 Week High with hike in Crude Prices
With the rise in Crude prices, upstream oil & the gas producers such as Oil and Natural Gas Corporation Ltd & Oil India Ltd remain in the spotlight. The 2 companies saw their stock process hit 52 – week highs on 16th September (Thursday). A rise in the prices of crude boosts the net realization of oil & gas explorers. The ONGC’s crude net realization at $65.6 barrel was up by 128% YoY & 113% sequentially. The Oil India’s net realization surged at 123% year-on-year & 11.7% sequentially to $67 barrel.
On the news
16 September 2021
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Fruits & Vegetable Delivery Business: Step by Step guide to Earn Amazing Profits
Due to hectic schedules & timing issues, No one wants to go in one of…
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Atal Pension Yojana: Know the Guidelines of PFRDA to Exit Prematurely
The Atal Pension Yojana is a pension scheme, which is run by the government of…
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Indian Scientists Convert Poultry Feather & Wool Waste to Animal Feed & Fertilizer
Indian scientists have developed a new sustainable and affordable solution for converting keratin waste such…
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Covid-19 Effect: Demand For Agri Loans & Storage Facilities Set to Rise
As the number of Covid-19 cases decreases and immunization progresses, we anticipate a two-fold increase…
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Mushroom Leather: A Sustainable Alternative to Animal Skin
Can leather made up of mushrooms change the way we think, wear & consume fashion?…
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8 Vegetables to Sow In October to Get Plentiful Harvests
Growing conditions can vary dramatically across the country, and also even within a locality. If…
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AHIDF: Govt offering loans to Livestock Farmers, Application Process Inside
Atma Nirbhar Bharat Abhiyan stimulus package mentioned about setting up of Rs. 15000 crore animal…
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Oil Mil Business: Step by Step Guide to Setup this Super Profitable business
Along with the growing population, there is an increase in the demand for cooking oil…
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Studies Found: Chillie Extract can be a Possible Cure for Diabetes
Scientists have discovered that after injecting capsaicin, a chili extract, insulin levels increased and restored…
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ICAR- CIFT Organizes International Training Programme on “Value Chain Management in Fisheries”
AARDO, in collaboration with the ICAR-Central Institute of Fisheries Technology (CIFT), is organizing an Online…
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BJP to Celebrate PM’s Birthday by Organizing Agri-meet to Honor Farmers
Chief Minister Yogi Adityanath is likely to address the gathering at Smriti Upvan in Lucknow…
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Hurry up! Hawkins Cookers Offers 8% on Fixed Deposit; Pre-Registration Starts
On 15th September (Wednesday), Hawkins Cookers Ltd has opened pre-registration for its Fixed Deposit. The…
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Agritech Startup BharatAgri Raises $6.5M Series A Funding from Omnivore and India Quotient
Digital farm advisory startup BharatAgri announced today that it has raised USD 6.5 million in…
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Weather Alert: IMD Predicts Heavy Rain on Saturday and Sunday in these States
IMD forecast: The monsoon activity has picked up in the country, bringing the rain deficiency…
