Posts

Showing posts with the label Sector

BALMER LAWRIE & CO. LTD.

Image
BALMER LAWRIE & CO. LTD. Driven by the spirit of entrepreneurship, two enterprising Scotsmen Stephen George Balmer and Alexander Lawrie sowed the seeds of this company at Kolkata on February 1, 1867. History goes… a coin was tossed… Balmer won…Balmer’s name preceded, in the firm incorporated and thus was born Balmer Lawrie. There was hardly any business where Balmer Lawrie did not delve into in its formative years, whether it was from tea to shipping, insurance to banking or trading to manufacturing. Today, Balmer Lawrie is a Mini-Ratna-I Public Sector Enterprise, under the Ministry of Petroleum and Natural Gas, Government of India. It has eight strategic business units – industrial packaging, greases and lubricants, chemicals, travel and vacations, logistics infrastructure, logistics services, cold chain and refinery and oil field services, with offices spread across the country and abroad. Its logo in green colour, consists of a monogram and a wordmark in De

BHARAT BOND EXCHAGE TRADED FUND

Image
BHARAT BOND EXCHAGE TRADED FUND Bharat Bond Exchange Traded Fund is an Initiative by the Government of India to cater to the borrowing requirements of the Public Sector by pooling investments from Retail, HNI and institutional investors. The ETF currently only invests in AAA rated bonds of PSUs and is managed by Edelweiss Asset Management Company. Bharat Bond ETF is a low-cost basket of CPSE (Central Public Sector Enterprises) bonds that seeks to replicate an index and trades on the stock exchange. The ETF would replicate the underlying index which will comprise bonds issued by CPSEs, CPSUs/CPFIs and other Government organisations. The fund’s logo has a pair of protecting palms in the form of a coffer with the name written using Samarkan and sans serif font in blue colour. The name of the asset manager is written below. Strokes of tricolour supports the name.