Central Bank of Mauritius gov visits India INX

Governor of Central Bank of Mauritius Rameswurlall Basant Roi today said BSE's international exchange at GIFT City in Gujarat can provide a low cost platform for issuers in Africa to raise capital.
Roi, who visited India International Exchange (India INX) here, said the platform can provide a "hosted model stock exchanges to many African countries who do not have their own stock exchange at a small cost".
India INX, an arm of top domestic bourse BSE, began operations in January this year at Gujarat International Finance Tec (GIFT) city -- the country's first International financial services centre (IFSC).
-------------------------------------------------------------- Vadivarhe Specialty Chemicals IPO hits markets

Vadivarhe Specialty Chemicals today hit the capital markets to raise Rs 14.46 crore.
The public issue, which closes on May 25, comprises 34.44 lakh equity shares of face value of Rs 10 each for cash at a price of Rs 42.00 per equity share including a fresh issue of 6.89 lakh shares aggregating Rs 2.89 crore, the company said in a statement.

Besides, the issue includes offer for sale of 27.55 lakh shares by the promoters.
The company's shares will be listed on NSE Emerge Platform for SME IPOs.
______________________________________________________________ Carnival Cinemas launches movie subscription-based service
Multiplex chain Carnival Cinemas today said it has launched a movie subscription based service 'MoviEcard', which will allow customers to watch unlimited new releases in its screens across 60 select cities across the country.

Priced at Rs 149 for 30 days, customers can watch the movies between Monday to Thursday, it said in a statement.
"Over the years we have noticed that while people would like to enjoy a great film at the nearest cinema theatre, the regular ticket prices have always acted as a deterrent. Our endeavour with this MoviEcard is to break the entry barrier and allow all our patrons to enjoy as many movies as they wish to watch at the cost of one movie ticket," it said.