Manappuram Finance, Exim Bank raise $1.3 billion through bond sales
The issues see Exim raising $1 billion at 3.27% Manappuram collecting $300 mn at 5.9%
Buy Shriram Transport, price target Rs 1205: Kunal Bothra
The analyst suggested a stop loss at Rs 1155.
Shriram Transport Finance to raise up to Rs 1,000 crore via bonds
This is the second tranche of bonds to be issued by the non-banking finance company.
Iran to download plane black box after missile blamed for crash
Iran, which has denied the Boeing 737-800 was downed by a missile, said it could take one or two months to extract information from the voice and flight data recorders. It said it could ask Russia, Canada, France or Ukraine if it needed help.
Iran shot down Ukrainian passenger plane, Western leaders declare
The crash came just a few hours after Iran launched a ballistic attack against Iraqi military bases housing US troops in its violent confrontation with Washington over the U.S. drone strike that killed an Iranian Revolutionary Guard general. The airliner could have been mistaken for a threat, said four U.S. officials, speaking on condition of anonymity to discuss sensitive intelligence.
US to join Iran crash probe: NTSB
The US National Transportation Safety Board said Thursday it will join the probe into the Ukrainian Boeing airliner which went down in Iran. The plane, a US-made Boeing 737, went down minutes after takeoff from Tehran, and shortly after Iran had fired missiles at military bases in Iraq housing US troops.
Indian domestic passenger traffic hits 11.3% growth in November: IATA
"However, economic growth (in India) in the third quarter was the weakest in around six years amid a broad-based slowdown that is affecting many sectors of the economy. This will present a more challenging environment for the industry going forward," said a statement issued by the International Air Transport Association (IATA).
Shriram Transport likely to raise up to $500 million overseas
STFC plans to raise up to Rs 3,560 cr via an overseas bond sale in the New Year.
Cabinet apprised of amendments in Motor Vehicles Act
The new Motor Vehicles Act with stricter penalties for violation of traffic laws has come into force Pan-India from September 1, 2019.
Centre asks states to enforce amended MV Act citing attorney general's opinion
The road transport and highways ministry had notified the law on September 1 and later notified over 60 sections including 24 offences. This made the transport ministry seek legal opinion whether states could set penalties below the prescribed range.
India, Oman to sign maritime transport pact enabling Delhi to expand footprints
Oman is a strategic partner of India and the two countries are linked closely by geography, history and culture and enjoy warm and cordial relations attributed to historical maritime trade linkages as well as close links of the Oman’s Royal family with India.
Tata Capital, Shriram NCDs may be a better bet than bank FDs
Tata Cap NCDs carry AAA rating and secured option suits first-time investors, say experts.
Stocks in news: RIL, Cipla, IRB Infra and Sriram Transport
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: RIL, Cipla, IRB Infra and Sriram Transport
Share market update: Nifty Services sector index up; LIC Housing climbs 2%
The Nifty Services Sector index was trading 0.23 per cent up at 17530.95.
Buy Shriram Transport Finance Company, price target Rs 1,200: CK Narayan
The analyst suggested a stoploss at Rs 1170 .
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