Tag: 1

Ujjivan Small Finance Bank files Rs 1,200 cr IPO papers

Loknath Das

Ujjivan Small Finance Bank is planning an initial public offering to raise Rs 1,200 crore. The company on August 16 filed a draft red herring prospectus with SEBI. “Ujjivan Small Finance Bank is proposing to undertake an initial public offering of equity shares of face value of Rs 10 each, comprising a fresh issue of equity shares by bank aggregating up to around Rs 1,200 crore,” Ujjivan Financial Services said in its BSE filing. The price band for public issue may be determined by bank in consultation with the book running lead managers…

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Hold Shriram Transport Finance Company, target Rs 1,181: Emkay Global Financial Services

Loknath Das

View of the brokerage- MHCV slowdown resulting in slower disbursements: The domestic MHCVs are showing tepid demand due to high base effect, rural distress, changes in axle norms, leading to surplus capacity and slowdown in real estate. Although the implementation of BSVI emission norms may drive some pre-buying for CVs, the used CV segment is at a downturn as driver-owner is facing surplus capacity with stagnating income levels. We revise our disbursements growth estimates downward to nearly 10 per cent CAGR for FY18-20E from nearly 14 per cent earlier, considering the…

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Estimated Samsung Galaxy F bill of materials shows why it will cost $1,800

Loknath Das

Korean agency CGS-CIMB Research has posted a report in which it estimates the Bill of Materials (BOM) for the foldable Galaxy F and compares it to a Galaxy S9+ and an iPhone XS Max. The priciest item is the display – or should we say “displays”. The Galaxy F will have one large 7.3” panel that folds down the middle along with an external 4.58” display. There will reportedly be two batteries as well, though that doesn’t add much to the cost (total capacity is expected to be around 5,000-6,000mAh).…

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GoAir 2018 Sale: Flight Tickets Start From Rs. 1,005, Bookings Available Till January 12

Loknath Das

The travel period of GoAir’s sale ends on May 31, 2018. HIGHLIGHTS Bookings under GoAir 2018 Sale can be made till January 12 Promotional scheme valid on travel till May 31, 2018 Airline offers all-inclusive fares from Rs. 1,005 on flights from Guwahati GoAir is offering domestic flight tickets starting at an all-inclusive price of Rs. 1,005 on select destinations. Under a promotional scheme, called GoAir 2018 Sale, bookings can be made till January 12. That means for those looking to avail the airline’s offer – GoAir 2018 Sale, today…

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China’s Quantum Satellite Dispatches Transmissions Over a Record Distance of 1,200 Kilometres

Loknath Das

A Chinese quantum satellite has dispatched transmissions over a distance of 1,200km (746 miles), a dozen times further than the previous record, a breakthrough in a technology that could be used to deliver secure messages, state media said on Friday. China launched the world’s first quantum satellite last August, to help establish “hack proof” communications between space and the ground, state media said at the time. The feat opens up “bright prospects” for quantum communications, said Pan Jianwei, the lead scientist of the Chinese team, Quantum Experiments at Space Scale…

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£1 Fuel Cell Creates Electricity From Urine

subhadip

A miniature fuel cell costing as little as a £1 can generate electricity from urine. The microbial fuel cell could be a lifeline for people in remote areas – creating a renewable and carbon-neutral way of generating power. The technology was developed by researchers at the University of Bath, Queen Mary University of London and the Bristol Bioenergy Centre. The fuel cells use natural biological processes to turn organic matter – like urine – into electricity. When urine passes through the microbial fuel cell, bacteria inside it generates electricity. This…

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Saudi Arabia to build world’s tallest tower, reaching 1 kilometer into the sky

admin

Dubai, long champion of all things biggest, longest and most expensive, will soon have some competition from neighboring Saudi Arabia. Dubai’s iconic Burj Khalifa, the world’s tallest building, could be stripped of its Guinness title if Saudi Arabia succeeds in its plans to construct the even larger Kingdom Tower in Jeddah — a prospect looking more likely as work begins next week, according to Construction Weekly. Consultants Advanced Construction Technology Services have recently announced testing materials to build the 3,280-feet (1 kilometer) skyscraper (the Burj Khalifa, by comparison, stands at…

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