Purple Finance Limited, an MSME-focused NBFC listed on the BSE (purplefin), has announced the successful closure of its recent rights issue, which was oversubscribed by 1.5 times. The issue offered 1,12,04,985 shares at Rs.40 per share, resulting in strong investor interest, with valid applications totaling 1,71,99,236 shares—53% higher than the issued amount.
This successful fundraising reflects strong investor confidence in Purple Finance's strategy to support micro, small and ...
Purple Finance Limited Rights Issue Oversubscribed 1.5 Times
The 'Basic Skill Training' initiative under the PM Vishwakarma Scheme has commenced to enhance and modernise the traditional skills of the artisans and crafters across 26 states/UTs.
According to the Ministry of Skill Development and Entrepreneurship, as of July 19, 5,17,835 candidates have been certified under the Basic Skill Training initiative.
Karnataka leads with 112,737 certified candidates, followed by Jammu and Kashmir, Gujarat, Andhra Pradesh, and Maharashtra.
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PM Vishwakarma scheme certifies over 500,000 artisans
The Rs 37,000 crore investment plan of Mahindra & Mahindra (M&M) over the next three years is a testament to our commitment to boost growth, innovation and job creation in the country, Mahindra Group Chairman, Anand Mahindra, said.
Urging the private sector to utilise the government’s employment-linked schemes, announced during the Union Budget 2024-2025, Anand Mahindra said that this approach will help create more jobs for the youth, especially the fresh talent coming out of...
Rs 37,000 crore investment plan to boost innovation, create jobs: Anand Mahindra
