NCDEX approves IPO, plans to raise Rs 500 crore

NCDEX approves IPO, plans to raise Rs 500 crore


The National Commodity and Derivatives Exchange, which is traded in the commodity market, ie NCDEX, has been allowed to launch an IPO.  Securities and Exchange Board of India has approved NCDEX to launch an IPO of Rs 500 crore.  According to the application documents of NCDEX, the company will issue new shares worth a total of Rs 100 crore in this IPO.  In addition, 1.44 crore existing shares will be sold on the platform of stock exchanges through a sale offer.

SEBI cleared NCDEX proposal on April 9.  The company had applied to Sebi for this in February.  This will be the third exchange to be listed in the market after BSE and MCX.

In this issue, NCDEXK will hold current shareholders, Build India Capital Advisors LLP, Canara Bank, Indian Farmer Fertilizer Cooperative, Investcorp and Private Equity Fund-1 for its share sale offering.  JP Capital Services, National Bank for Agriculture and Rural Development, Oman India Joint Investment Fund and Punjab National Bank will also sell their stake.

Government told colleges not to take fees in lockdown

This news is a relief to millions of students studying professional courses like Engineering, MBA, MCA, Architecture, Pharmacy, Hotel Management, Applied Art and Craft.  The central government has said that till the lockdown is over, they will not ask the students for fees.

Byton M-Byte electric SUV will  run 550KM on a single charge

China's leading start-up company Byton also started its journey recently, now the company is preparing to launch its electric SUV in the market. In the base model of Byton M-Byte, the company has set up a single motor which is equipped with a battery of 72 kWh capacity. The company claims that this SUV will provide a driving range from 430 km to 550 km in a single charge according to the New European Driving Cycle (NEDC).

UP Ration Dealer Rapes Woman While Home Delivering Order

A ration dealer in Uttar Pradesh's Shamli district was arrested for allegedly raping a 30-year-old married woman at her home on Wednesday, police said.

Google set up fund to help local media

Veteran internet company Google said on Wednesday that it will launch an emergency fund to help local media establishments struggling to keep functioning due to the corona virus epidemic.

UN said 12 crore did not get measles vaccine

Children's problems have increased worldwide due to the lockdown caused by the corona virus.  According to the news agency ANI, about 120 million children in 37 countries have not received the measles vaccine due to the corona epidemic.


Ministry of Home Affairs issued lockdown 2 guidelines

The Union Home Ministry has released new guidelines regarding the lockdown Part Two due to Corona virus.  According to the new guidelines, it will now be compulsory to wear a face cover (mask) on leaving the house.  In addition, spitting in public places would be punishable.

Cyber ​​cell teams are keeping an eye on social media

The police have warned of taking strict action against those posting objectionable on social media.  SSP has activated three different cyber cell teams.

Ola launches emergency services

Ola has announced that it has launched Ola Emergency, a special service to ferry people to hospitals.

PM Narendra Modi extends nationwide lockdown till 3 May

PM Modi has announced extension of the complete lockdown of the country till May 3.

We will be implementing lockdown even more strictly till 20 April, said Narendra Modi. Some restrictions may be eased in places where there are no hotspots after that date, he added.

Amazon to hire 75, 000 more workers

The company announced it is hiring an additional 75, 000 people after filling 100, 000 new positions last month to meet the increase in online shopping amid the coronavirus outbreak.

Tamil Nadu extended the lockdown till 30 April

The Tamil Nadu government has also decided to extend the lockdown to 30 April to prevent corona virus infection. According to PTI, Tamil Nadu Chief Minister Edappadi K.Palanisamy has ordered the lockdown to be extended by April 30, becoming the fifth state to do so.

Corona freed UK Prime Minister Boris Johnson

British Prime Minister Boris Johnson has become free from corona infection.  He was discharged from the hospital on Sunday.

Food delivery and online registry to begin in UP on April 15

Yogi Adityanath Government has devised a special strategy to win the battle against Covid-19 in Uttar Pradesh. Wheat procurement will start from April 15
Apart from this, there is also big news for farmers.  Wheat procurement is going to start in UP from April 15.

A person started building 'tree house' to escape from Corona

Mukul Tyagi (Mukul Tyagi), a lawyer and professional living in Asaura village of Hapur, has built his base on trees these days.

Earn money by recharging

Vodafone-Idea has given its customers the opportunity to earn from recharge.  Now customers can get up to 6% cashback on recharge. Airtel and Reliance Jio have also introduced similar schemes for their customers.

For the first time in the country, the number of Corona patients crossed 700

Corona havoc in India is constantly increasing.  Every day the number of new cases is increasing by more than 30 percent.  On Thursday, 781 new cases of corona were reported across the country.

15 districts of UP including Noida-Lucknow-Ghaziabad-Varanasi fully sealed

The Yogi government has completely sealed the 15 districts of the UP government.  This order will come into force from 12 o'clock tonight.

Noida administration quarantines 200 people from 30 families

Four Corona positive cases were found in a slum three days ago after coming in contact with an employee of a ceasefire company.
In view of this, teams constituted by the district administration on Tuesday have admitted 200 people of about 30 families living in slums in Sector-8 to the quarantine ward at Galgotia College.

Coronavirus: After the death of the infected woman, the family buried the dead body, no information was given to the police and FIR filed

On Tuesday, 21 new COVID19 positive cases were reported in Bhopal of Madhya Pradesh, after which the number of infected people has increased to 85 in Bhopal.

Facebook wanted to buy Pegasus to spy on users

Israel spyware company NSO Group claims that Facebook tried to buy Pegasus from them.  The NSO group has also presented documents in court to confirm this.


Amidst reports that the lockdown will be opened in Uttar Pradesh from April 15, the state government on Monday clarified that if the lockdown is opened, it will be seen whether our state is 'corona virus free'.

The whole country united and celebrated Prakash Parv

The whole country united and celebrated Prakash Parv against Corona virus.  On PM Modi's appeal, the country proved that India will fight with full force against Corona.

Noida: section 144 will be applicable till 30th April

The new order for Noida has been implemented amidst the lockdown implemented till April 14 across the country.  The term of section 144 in Noida has been extended till April 30.


US President Donald Trump said that he has requested PM Narendra Modi to send hydroxychloroquine medicine for the treatment of corona virus patients growing in America.

CORONAVIRUS UPDATES: 3490 cases so far, 91 deaths, 262 cured and 3137 is active

A total of 3490 cases of corona infection have been reported in the country.  This figure is according to the website covid19india.org.  Kovid-19 has recorded 91 deaths in the country so far, there is a relief news that 262 patients of Corona have become healthy.


According to Luv Agarwal, Joint Secretary, Ministry of Health, 9 percent of cases from zero to 20 years of age have been reported in India.  Similarly, 42% of cases of infection between the ages of 20 and 40 are reported in India, while 33% of infections between 40 and 60 years of age have been reported in India and 17 percent of the cases of people over 7 years of age.

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