Glenmark Pharma arm files papers for IPO with Sebi
Glenmark Pharmaceuticals on Saturday said its wholly-owned arm Glenmark Life Sciences has filed preliminary papers for an initial public offer with market regulator Sebi. Glenmark Life Sciences has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offer, according to a regulatory filing. The offer comprises fresh issue of up to Rs 1,160 crore and an offer for sale of up to 73,05,245 equity shares of Rs 2 each of Glenmark Life Sciences Ltd, by Glenmark Pharmaceuticals Ltd, the filing said.
Vedanta Limited has announced the formal launch of its flagship offering for the Micro, Small and Medium enterprises (MSME) – the ‘Vedanta Saathi’ programme. With a significant MSME customer and supplier base, the company has been fostering the MSME ecosystem for over two decades through its expansive value-chain, supply-chain and social-developmental programmes. Vedanta’s key offerings for MSMEs under the Saathi programme include: Channel financing at attractive rates and fast disbursement, in partnership with a host of leading banks, NBFCs and FinTech firms; Soon to be launched e-commerce solutions for an agile, easy and transparent way of buying from Vedanta’s entire bouquet of high-quality value-added products, with doorstep delivery through micro-logistics partners; Avenues for technical upskilling with access to the company’s wide community of research institutes, industry associations, in house and external global experts; opportunities for MSMEs to set up downstream/ancillary manufacturing units near Vedanta’s plants, with benefits like just-in-time delivery of raw material (hot metal supplies), low working capital and capex involvement; Single window for MSMEs to interact with Vedanta’s Quality, Product Application, Engineering and Innovation teams through a dedicated web portal.
Amazon Pay has said it has empowered over 50 lakh neighborhood stores and businesses with its digital payments infrastructure. In Pune, close to 1.5 lakh small & medium businesses now use Amazon Pay. These SMBs, most of whom earlier transacted only in cash, can now accept payments from their customers using Amazon Pay’s QR Code. These 50 lakh SMBs constitute a diverse set of merchants and entrepreneurs. More than 25 lakh operate retail & shopping outlets such as kirana stores, about 10 lakh operate food & beverage outlets such as restaurants & small eateries, over 5 lakh offer services such as salons, close to 4 lakh offer health & medical care while the remaining comprise of vocations such as taxi drivers, auto drivers, plumbers and more.
AirAsia India has announced free cancellation and rescheduling for all flights to and from New Delhi between 19th and 26th April 2021, both days inclusive. AirAsia introduced this additional flexibility for guests in light of the lockdown and curfew on the movement of individuals announced by the Government of Delhi from 22.00 hrs on 19th April till 05.00 hrs on 26th April 2021, even though people going from and to airports are exempt on production of a valid itinerary. All AirAsia guests flying to and from Delhi can now opt to cancel or reschedule to another flight without any change fees or cancellation charges.
IIFL Securities has launched OPEN API integration for all its customers to boost their investing efficiency and market experience. All the APIs are free of cost and allowed across mobile (IIFL Markets App) and desktop (TT Web application). With OPEN APIs, one can place regular orders, after market orders, bracket orders, and cover orders. After placing the order, we have APIs for modifying or canceling such orders. You can also monitor your orders and trades through order status, trade information, order book, and trade book API. The APIs also help in generating reports around client’s holdings, margin, net position, and net wise position. To stay updated with the live market data, we have a market feed API that provides the user with candle data for the requested scrips.
