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Indiabulls Housing Finance (IBH) raises ₹1,091 crores through foreign currency convertible bonds
Bank, Business, Finance, Indiabulls Housing Finance

Indiabulls Housing Finance (IBH) raises ₹1,091 crores through foreign currency convertible bonds

Indiabulls Housing Finance has raised ₹150 million ( ₹1,091 crores) by issuing foreign currency convertible bonds, the company said on Thursday. The securities issuance committee has approved the allotment of secured Foreign Currency Convertible Bonds (FCCBs) of USD 150 million, convertible into equity share of Rs 2 each, Indiabulls Housing Finance said in a regulatory filing. The FCCBs, set to mature on March 4, 2026, bear a coupon rate of 4.5%. The bonds are proposed to be listed on Singapore Exchange Securities Trading Ltd. Indiabulls said as many as 4,49,91,756 equity shares of the company would be in the trade-off with the FCCBs. This is Indiabulls Housing's debut convertible bond issuance. Besides, it is also the first FCCB by a financial institution from India in the l...
Great news: no need to visit RTO office for driving license renewal, and other 18 services 
Politics

Great news: no need to visit RTO office for driving license renewal, and other 18 services 

Results came out when the center announced a draft notification for linking driving license and RC, with the 12 digit Aadhar card number.  As of March 4, Thursday, the Ministry of Road and Transport highways (MORTH) issued a notification, according to which, people will not be needed to visit the RTO office for the renewal of driver’s license or as many other 18 services like vehicle registration or learner’s license, etc.  https://twitter.com/MORTHIndia/status/1367441434446471170?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1367441434446471170%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2FMORTHIndia2Fstatus2F1367441434446471170widget%3DTweet   To provide a convenient and easy service, Aadhaar-authenti...
Musk’s SpaceX Starship Explodes After Landing
Information Technology, news

Musk’s SpaceX Starship Explodes After Landing

The SpaceX Starship SN-10 prototype lifted off at 5:15 pm in Boca Chica, on Wednesday from the Seaside launch pad. The rocket then flew at an altitude of about 10kms before taking a lean on the pad. Soon after that, the rocket was ignited with fire and lifted into the air by an explosion. Until that point, the rocket appeared to achieve a key milestone with its first stable landing in three attempts. After its ascent, Starship shut off its three Raptor engines and performed a controlled "belly flop" descent, then reignited its engines to make a vertical landing. Starship SN10's post landing demise is unfortunate but still, everyone at SpaceX can chalk todays flight test up as a huge success. Become a patron at the link below for photo downloads, behind the scenes goodies, and more. @...
Hero Xpulse 200T BS6 Specifications revealed- what’s new?
Latest Bikes and Cars

Hero Xpulse 200T BS6 Specifications revealed- what’s new?

The Xpulse 200T BS6 has been teased by Hero MotoCorp since last year. The bike, however, was never released due to a variety of factors. The business now appears to be able to launch the product. The specifications for the BS6 Hero Xpulse 200T have been announced. The bike lacks the oil-cooler that was provided to the latest Hero Xpulse 200, as we speculated last year. The air-cooled, single-cylinder 200cc engine produces 18.4PS, which is slightly more than the Xpulse 200's 18.04PS. Torque, on the other hand, is lower than that of its off-road cousin's engine, at 16.15Nm versus 16.45Nm for the latter. The gearbox is a 5-speed unit that can turn as smoothly as the one in the Xpulse. Other specifications, such as the 177mm ground clearance and 17-inch alloy wheels with tubeles...
Swiss Open Day: Saina Nehwal Has Been Knocked Out
news, Sports

Swiss Open Day: Saina Nehwal Has Been Knocked Out

In swiss open day: Saina Nehwal has been knocked out. The Olympics bronze medalist Saina Nehwal has been knocked out in the first round of the swiss open.  She suffered a shocking defeat from Thailand’s lower-ranked Phittayaporn Chaiwan in Basel on Wednesday.  The scoreboard was alike 16-21, 21-17, 21-23 & not in favor of Saina Nehwal.  Besides, Saina Nehwal won the initial stages, by her consistent returns and building up of a lead with her steady mid- court base.  The 20-year-old, Chaiwan took advantage of an Indian badminton player’s poor court by hitting through the lead by the mid-game break as 11- 10.   The Thai player then focused on hitting shuttles to unsettle Saina Nehwal and dealt with the rallies is to pull away. However, Saina Nehwal was also the swiss o...
Mercedes new W12 F1 car unveiled: expecting to set a new record by becoming the eighth team to win two World Championships in a row
Latest Bikes and Cars

Mercedes new W12 F1 car unveiled: expecting to set a new record by becoming the eighth team to win two World Championships in a row

Mercedes has dominated the Formula One landscape for the past seven years, creating one beast of a vehicle after another, making the W12 the most significant car in the busy launch cycle since it serves as a benchmark for others. The front wing is essentially the same as in 2020, but it's worth remembering how much the endplate is lent over in order to get as much airflow as possible flowing over and around the front tire (blue arrow). For 2021, the front brake ducts have been greatly widened, with their total width expanded and the L-shape configuration from the previous season inverted (red arrow). The region ahead of the sidepods has been modified as normal, with the forward-most feature in the bargeboard cluster (blue arrow, below) being raised, while the rest of the clu...
India’s Largest Crypto $2 Billion In Trading Volumes
Bitcoins, news

India’s Largest Crypto $2 Billion In Trading Volumes

India's top cryptocurrency exchange almost doubled its trading volume in February. India's Largest Crypto $2 Billion In Trading Volumes. This is coming out as a bit of a shocker after the rumors govt imposing ban on cryptocurrency. Nischal Shetty, founder of WazirX, the largest crypto exchange in India, stated the company hit $2.3 Billion in trading volumes on 21 Feb. However, volume on 20 December was $500 million, and $1.4 Billion on January 21.  WazirX has been growing fast 🚀 A major reason for our growth is YOU. Volume growth: Dec 20 - $500M Jan 21 - $1.4B Feb 21 - $2.3B Thank you for placing your trust on us. We’ll continue to work hard & serve all our customers. We’re growing & learningWazirX — Nischal (WazirX) ⚡️ (@NischalShetty) March 3, 2021 M...
National Safety Day 2021: India: Safety 
health and wellness

National Safety Day 2021: India: Safety 

“At the end of the day, the goals are simple: safety and security”.- Jodi Rell, former governor of Connecticut.     Today is India's 50th National Safety Day. On every 4th march, India celebrates this day, to raise awareness and safety guidelines, specifically road safety and workplace safety.  India's National Crime Records Bureau (NCRB)shows that a gross total of 4,21,104 human deaths occurred in 2019 as a result of fatal accidents. Traffic accidents remained higher in number around 4,67,171.  The government of India has set up a National Safety Council (NSC), to control road accidents, which often results from defying the traffic rules.  On the very special day of National Safety Day, we explore some history and themes related to the day.  History  The National ...
Kapil Dev receives the first dose of Covid-19 Vaccine in Delhi
Health, health and wellness, news, Politics, Science, Sports

Kapil Dev receives the first dose of Covid-19 Vaccine in Delhi

Indian cricket legend Kapil Dev on Wednesday receives the first dose of the Covid-19 vaccine at a renowned city hospital. The 62-year old World Cup Winning Captain in 1983 took the vaccine at the Fortis Hospital Heart Institute under the supervision of his cardiologist Dr. Atul Mathur, Director of Cardiology. https://twitter.com/ANI/status/1367060164977643521?s=20 Kapil Dev became the second former India cricketer to receive the vaccine after India head coach Ravi Shastri, who got vaccinated on Tuesday at Ahmedabad. Also, read | BCCI Official: IPL Governing Council Takes The Final Call On Venues Ravi Shastri tweeted and thanx the medical team. https://twitter.com/RaviShastriOfc/status/1366607709110489089?s=20 Both cricket legends received the vaccine after India's ...
BCCI Official: IPL Governing Council Takes The Final Call On Venues
news, Sports

BCCI Official: IPL Governing Council Takes The Final Call On Venues

  The governing council of IPL would be seeking assurances from the state government before letting them host the matches this year. As the sources revealed that nothing has been decided regarding the venues.   The governing council is monitoring a situation covid- 19 in Mumbai. They would be soon conducting the 14th edition of the premier T20 tournament.  The BCCI official told ANI, that BCCI official needs constant assurance from the state authorities that would be no unwanted incidents will take place when matches happen there. ‘’ the sources added.  Besides this, over the Mumbai being an IPL venue or not sources said; we are keeping a close watch on  Mumbai because of covid cases.  Although apart from these, the chief minister of Punjab Captain Amarinder Singh w...