Zee group Co bonds traded at about 25% discount
The deals took place privately because the securities were not listed.
The deals took place privately because the securities were not listed.
Bonds of Diligent Media Corporation, a Zee group company, were traded at a discount of about 25% with the transaction size at about 500 crore.
India Ratings expects flat-to-low single-digit growth in auto volumes next year, after falling in double digits so far this fiscal year.
Insurance cover on bank deposits raised to Rs 5 lakh effective Tuesday
The issue received bids for 46,08,000 shares against the total issue size of 20,40,000 units.
Partner & CIO at Sarthi Group says the abolition of DDT will benefit Indian companies big time.
More concrete action was needed in areas where the government has had the opportunity, but has slightly shielded away from making decisions, said portfolio manager at LGM Investments.
Out of PNB’s December quarter slippages of Rs 6,700 crore, 31 per cent or Rs 2,100 crore came from the agriculture sector, says MD & CEO at PNB.
The Budget has failed to boost the insurance sector.
Depository participants have been asked to continue to accept in-transit FPI registration applications, for a period of 60 days, Securities and Exchange Board of India (Sebi) said in a circular.
Expressing its views on clarification sought by IT giant Infosys, Sebi said that buyback regulation restricts further issue of capital for a period of one year from the expiry of the share repurchase programme period, except in discharge of its subsisting obligations.
The 12,025 & 12,070 levels will act as resistance. Support may come in at 11,930 & 11,890.
President Donald Trump's plan, announced last week, was warmly welcomed by Israel and rejected outright by the Palestinians. It would give Israel most of what it has sought during decades of conflict, including nearly all Palestinian land on which it has built settlements.
This offers clarity from the tax department on whether the budget proposal asking asset managers to deduct taxes on “income” made by investors in schemes would extend to capital gains as well.
Currently, the onus of declaring capital gains for taxation lies with the investor or unitholders.
The amount is apart from what it plans to spend on acquisitions, Karan Adani, said in a post earnings conference call. Adani Ports last month announced the purchase of a 75% stake in Krishnapatnam Port for Rs 5,520 crore.
An IMF team sent to review benchmarks set as part of the deal began formal meetings in Islamabad on Tuesday that will continue until February 13, a top finance ministry official said. The Fund agreed the three-year rescue package last year as the South Asian country of 208 million people wrestles with a balance-of-payments crisis.
In a written statement, Agriculture Minister Narendra Singh Tomar said the government had received some complaints against insurance firms about non-payment and delayed payment of claims during the implementation stage of the scheme.
AirAsia CEO Tony Fernandes steps aside amid bribery probe
In the past one-month copper prices fell by 4.02 percent to Rs 428 per kg.
This is part of Experian’s global network of development centres and will work closely with its product teams globally. Experian said the centre will allow the company to build on its innovation agenda by hiring talent available in India.
Long lines and big crowds were reported in some of the more than 1,600 schools, community centers and other locations on Monday night and problems with a new mobile app designed to report the vote forced state party officials to verify the data by other means.
The work will start first with establishing an Air Defence Command that will combine the air assets of the three services, the CDS said. There will also be a Peninsula Command that will be responsible for India’s Exclusive Economic Zone. This will also lead to having “seamless integration” between the navy’s eastern and western commands.
Airtel reported a loss of Rs 1,035 crore in Q3 compared with a profit of Rs 86 crore last year.
Saying different countries have different concepts depending on their perspectives, the official said India hopes to maximise opportunities and have constructive dialogue on the Indo-Pacific.
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