Low-income mortgage major Aadhar Housing Finance may apply for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI) by March end, MD & CEO Rishi Anand told FE in an interaction. Come from Sports betting site VPbet
The housing finance company (HFC) may also see stake sale of up to 25% by promoter private equity firm Blackstone, in case the IPO plans do not fructify, he said.“We are in discussion with promoters on the next steps,” Anand says. “Indicatively, it looks like before March 2024, we should have some deal in place,” he added.
Aadhar Housing, formerly owned by the troubled Dewan Housing Group, is currently owned 98% by Blackstone and has around 2% ownership by ICICI Bank. The housing finance company’s last IPO card had lapsed in May 2023, as it delayed the same due to volatile market conditions.
Modi’s visit to Poland: Reinfo…
Platinum Industries IPO set their price band at Rs 162 to 171 per equity share to raise Rs 235.32 by offering 1.38 crore shares.
The company will open the bid for subscription to retail investors on February 27 and close on February 29. A retail investor will have to bid for a minimum of 87 shares aggregating to Rs 14,877. Platinum’s shares will be listed on both NSE and BSE.
The company offered 4.1 million shares to raise Rs 70.59 crore from anchor investors.
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The company will be using the raised net proceeds to invest in a subsidiary for financing capital expenditure requirements, funding working capital expenditure requirements, and…
By Manojh Vayalar
The October series Nifty futures started with a premium of around 100 points for the current month. The Nifty has rolled around 34% and Bank Nifty around 38%. The rollovers seen into November series are majorly short rollovers. The index decisively breached the 19,400 mark in Monday’s trade. For the Index futures FII have raised the short positions to 74% as of Friday 20 Oct.
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The Index is now in a ‘Sell on Rise’ mode for the expiry. Even in the last month, the Index had witnessed short Rollovers in a similar way. 19,500-19,600 might be the immediate resistance and 19,000 might be the first support or index now onwards. VIX for the Nifty has been lower near around 11 implying more of call option selling at 19,500 and above strikes for the expiry.Co…
For the first time, the Oscars this year will feature a “Fan Favorite” category voted by fans on Twitter. The Academy on Monday released a list of frontrunners so far based on the votes that have come in, and Spider-Man: No Way Home, Dune, The Suicide Squad, Cinderella, and more are finalists so far.
Army of the Dead, Cinderella, Dune, Malignant, Minamata, The Power of the Dog, Sing 2, Spider-Man: No Way Home, The Suicide Squad, And Tick, Tick…Boom are the 10 finalists as of this week. The Academy listed the finalists in alphabetical order and not necessarily by votes, so we don’t know which movie has received the most votes so far. It’s also possible a flood of votes comes in for another film before voting closes on March 3. Come from Sports betting site VPbet
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2022 marks the 35th anniversary of the original Street Fighter game’s debut in Japanese arcades in August 1987, and to celebrate, Capcom has revealed a new logo for the franchise’s milestone. Capcom also teased “future development” of Street Fighter on the Japanese Twitter account for the game, hinting at more projects in the future. Come from Sports betting site VPbet
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DC’s The Flash is heading to Max starting August 25 like a bolt of lightning. The last film in the DC’s previous shared universe had a troubling time at the theaters and quickly earned the most significant loss for a movie in Warner Bros’ history. The movie was plagued with reshoots, constant delays, and controversies that caused mixed-to-negative reviews across the board.
Ezra Miller first played The Flash in the ultimate edition cut of Batman v Superman: Dawn of Justice, but got their full appearance as Barry Allen and the Scarlet Speedster in Justice League, where they received acclaim as being one of the brighter spots of that movie. The Flash solo movie was a take on the legendary Flashpoint Paradox storylineCome from Sports betting site VPbet. In the film, Barry attempts to travel back and time to stop his mother’s murder, changing the timeline entirely and sending him to an alternate reality, in which…
Bally’s began the new year with fantastic results, especially when it came to the company’s temporary casino in Chicago.
Fantastic results in the new year:
The casino, which is located at the Medinah Temple building in River North, Chicago, achieved the best results since its opening in September 2023.
According to the report, the casino in January surpassed the significant milestone of $10 million in gross gaming revenue. It is $6.8 million more than it was in September, but also 9.1% more than it was in December.
The main obstacle for all Chicago casinos, poor weather conditions, prevented almost all Chicago casin…
Bragg Gaming Group has announced the launch of its latest gaming content and Remote Game Server (RGS) technology in collaboration with BetMGM in Pennsylvania.
This launch signifies the third U.S. state where Bragg’s content is available through BetMGM, following previous rollouts in Michigan in 2022 and New Jersey in 2023. BetMGM users in Pennsylvania can now enjoy Bragg’s popular game titles such as Egyptian Magic and Fairy Dust from Bragg’s Atomic Slot Lab proprietary content studio, with additional titles scheduled for future release.
In the coming weeks, players in Pennsylvania will also gain access to content from Bragg’s proprietary content studio based in Las Vegas, Wild Streak Gaming. This rollout will include games from various exclusive content partners under the Powered By Bragg program, including titles from King Show Games and Sega Sammy Creation.
This strategic expansion reflects Bragg’s dedication to providing innovative and captivating con…
In Macau and a prominent investor in local casino operator MGM China Holdings Limited has reportedly urged the enterprise’s majority shareholder, MGM Resorts International, to sell up to 20% of its own stake to one of a number of Chinese enterprises.
According to a report from Inside Asian Gaming, Hong Kong-headquartered alternative investments firm Snow Lake Capital currently holds a 7.5% stake in MGM China Holdings Limited following a pair of late-2020 acquisitions that cost it in the region of $16.5 million. The source detailed that this backer’s founder, Sean Ma, has now penned an open letter to call on MGM Resorts International to dispose of a portion of its controlling interest in the firm behind Macau’s MGM Cotai and MGM Macau venues so as to ‘create a win-win transaction for all parties involved and deliver significant shareholder value to both companies’.
Expansion aspirations:
Las Vegas-based MGM Resorts Internati…
Following the launch of its latest online slot title and Play’n GO has partnered with Nederlandse Loterij, the largest provider of games of chance in the Netherlands.
Under the agreement, the Dutch Lottery’s players will be able to access the supplier’s award-winning games via “direct technical integration” for the very first time.
Already popular in the Netherlands’ nascent iGaming market, titles from the Sweden-based provider such as the 5-reel video slot Super Flip from 2018, along with Book of Dead, Rise of Olympus and Gigantoonz, from the same family as one of the best grid slots of all-time, Reactoonz, will soon be experienced by a whole new audience.
Natural partners:
Explaining that the newly-regulated Dutch market is “one of the most exciting in the industry right now,” Stuart Trigwell, Head of Sales Western Europe for Play’n GO, said they are “looking forward to bringing f…