Analyst Calls: Infosys, DCB Bank, United Spirits, Birla Corporation
Motilal Oswal has maintained a ‘Buy’ rating on Infosys with a target price of Rs 870 per share.
Yes Securities maintains buy on Birla Corporation, target price Rs 990
Shares of Birla Corporation closed at Rs 707, up 8.8% on Monday.
India aims at zero urea import with commissioning of 5 units
The government is reviving five closed fertiliser plants to increase urea produc...
The rise of unconventional corporate team-building activities
From racing to wine lessons to building food trucks, team-building is now as unconventional as it gets.
Will India's model of corporate governance undergo changes after recent injunctions?
This all-powerful chairman role stifles the very elements needed for good corporate governance.
IRFC files IPO draft papers with Sebi
The shares of the company are proposed to be listed on the BSE and the NSE.
Gaurs Group raises rs 450 crore to pare debt, complete mall
The group, which is developing projects in Noida, Greater Noida West, Ghaziabad and Yamuna Expressway, has a debt of Rs 2,000 crore of which Rs 700 crore is Lease Rental Discounting (LRD), while Rs 1,300 crore is from NBFCs and banks. In March 2019, it had raised Rs 500 crore from Kotak Mahindra Bank.
Sluggish bond market is the latest headache for borrowers
Prospects of flat issuance is bad news for PM Modi’s efforts to revive sagging growth.
Share market update: Nifty Energy index flat; BPCL down 1%
The Nifty Energy index was trading 0.2 per cent down at 16021.7.
SECI's wind tender gets cold response for fourth time
Solar Energy Corporation of India is the renewable energy ministry's nodal agency that is responsible for conducting wind and solar auctions. It had issued the tender on Friday with a ceiling tariff of Rs 2.93 per unit. The ceiling tariff had earlier been revised from Rs 2.85 per unit to Rs 2.93 to encourage participation.
View: What India needs is a corporate bond market, not a new DFI
The demand for a term-lending institution to fund infrastructure is pure nostalgia and has little to grounding in reality.
Right time has come for Kashmiri Pandits to be back in Kashmir: Anurag Thakur
While addressing a press conference in Jammu, MoS for Finance & Corporate Affairs Anurag Thakur said that the right time has come for Kashmi...
India may miss tax collection target for 2019-20 by nearly Rs 2.5 lakh cr: Subhash Chandra Garg
Subhash Chandra Garg said corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20- something of the order of 8 per cent in corporate taxes, about 5 per cent negative growth in excise duties (Rs 2.2 lakh crore against Rs 2.31 lakh crore) and about 10 per cent lower collection in customs duty (Rs 1.06 lakh crore against Rs 1.18 lakh crore).
HCC climbs 10% as lenders initiate carve-out of Rs 2,100 crore debt
The move will significantly deleverage the company and address its asset-liability mismatch.
Gaurs Group raises Rs 450 crore to pare debt, complete mall
“Of the amount, Rs 325 crore has been used to repay part of Rs 640-crore funding we had availed from Punjab National Bank Housing Finance (PNBHFL) almost a year back. Rest of the amount will be used for the construction of Gaur City mall in Greater Noida (West),” said Vineet Singhal, group CFO of the Gaurs Group.
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