FPIs can buy corporate bonds worth $30 billion more
The budget increased the limit for this category of investors to 15 per cent of total stock from 9 per cent.
Mutual funds to invest Rs 10,000 for 2-3 years
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it an...
India’s computer shipments record 6-year high in 2019
The country witnessed more than 18% year-on-year growth to 11 million units during 2019...
Former CMs radical influencers: PSA dossier
The Public Safety Act dossiers against former J&K CMs Omar Abdullah and Mehbooba Mufti claim that they are radical influencers who have played role in inciting common people against the Union of India. “Despite being a mainstream politician… (Omar) has been planning activities against the Union of India under the guise of politics,” read the PSA dossier.
Government notifies rules for winding up of companies under Companies Act
Petitions for winding up of companies are subject to various conditions, including thresholds on turnover and paid-up capital. Akila Agrawal, Partner & Head (M&A) at law firm Cyril Amarchand Mangaldas, said the rules seek to inter-alia reduce the burden of the NCLT by enabling summary procedures for liquidation to be filed with the central government.
No road map for PFC-REC merger yet: Govt officials
Even a year after Power Finance Corporation acquired REC for Rs 14,500 crore, the government has no road map on the merger of the two state-run firms that operate in the same space, top officials familiar with the matter said.
Fall in GDP growth impacts corporate credit profile: India Ratings
The Economic Survey, released a day before Finance Minister Nirmala Sitharaman presented Union Budget for 2020-21 on February 1, had projected a GDP growth of 6-6.5 per cent, up from 5 per cent estimate for 2019-20.
Market movers: Varun Beverages, Corporation Bank on a high; 50 stocks turn 'overbought'
Here is a lowdown of the movers and shakers of Friday’s session on Dalal Street.
Corporation Bank Q3 Net jumps to Rs 421 crore on higher interest income, NPA still high
Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore, the lender said in a regulatory filing.
15-18% earnings growth possible for corporate India next year: Pankaj Tibrewal
There are many stocks, where the long-term business value is still intact be due to a couple of quarters of patchy earnings visibility. Thes...
UPL Corp likely to raise $400 mn via overseas bonds
Perpetual bonds have no fixed maturity. Bharti Airtel raised $1 billion in two tranches in past few months.
How many Pakistani Muslims they want to give citizenship, Naqvi asks opposition
Indore (MP), Feb 09 (ANI): While addressing a press conference in Madhya Pardesh, Union Minority Affairs Minister Mukhtar Abbas Naqvi questi...
PSU Power, Coal Cos’ capex outlay at ₹68,000 crore in FY21
Around 60% of outlay to come from NTPC, Power Grid, and Coal India.
Microsoft pushing to create a separate business unit within large IT cos driven by cloud adoption
Maheshwari said that this is part of the 'one Microsoft' strategy which is a brainchild of Satya Nadella. The India Nadella – who is Microsoft’s global CEO is expected to visit India later this month, news agency Reuters reported on Thursday.
Bidder JSW Steel a related party, can’t be given immunity: ED to NCLAT
Bhushan Power’s former promoters are facing charges of financial irregularities and money laundering. In an affidavit filed in the National Company Law Appellate Tribunal, the ED said JSW and Bhushan Power are related parties through a joint venture.
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