by PTI News | Feb 6, 2022 | 9:58 pm | Economy, News
Mumbai, Feb 6 (PTI) Reserve Bank of India (RBI) on Sunday announced rescheduling of rate-setting Monetary Policy Committee (MPC) meeting by a day in view of Maharashtra declaring public holiday on February 7 to mourn death of Bharat Ratna legendary singer Lata Mangeshkar. The meeting was scheduled for February 7-9, 2022. With the postponement, the [...]
by PTI News | Feb 6, 2022 | 9:27 pm | Corporate Action, News
Jaipur, Feb 6 (PTI) The Rajasthan government will be signing MOUs with major players in the renewable energy sector, capturing investment of Rs 3.05 lakh crore under Invest Rajasthan Campaign. The companies that will be signing MOUs or letters of intent are five PSUs, including NTPC, NHPC, SJVN Limited, THDC India Ltd., SECI and private players [...]
by PTI News | Feb 6, 2022 | 9:05 pm | Company Results, News
Mumbai, Feb 6 (PTI) India Infrastructure Finance Company Ltd (IIFCL) on Sunday said it has forayed into the long-term infrastructure bond market by subscribing to a non-convertible debt issued by Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT). The total size of the issue was Rs 650 crore and IIFCL has invested Rs [...]
by PTI News | Feb 6, 2022 | 8:27 pm | IPO, News
New Delhi, Feb 6 (PTI) Cogent E-Services Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share-sale comprises fresh issue of equity shares aggregating up to Rs 150 crore and an offer for sale of up to 94.68 lakh equity shares by promoters, [...]
by PTI News | Feb 6, 2022 | 8:19 pm | Economy, News
New Delhi, Feb 6 (PTI) India is prepared to deal with any situation arising out of global developments, including the US Federal Reserve's decision to roll back monetary easing, and will not allow the economy to suffer, Finance Minister Nirmala Sitharaman asserted on Sunday. In a post-Budget interaction with industry body Ficci, she urged corporates [...]
by PTI News | Feb 6, 2022 | 8:12 pm | Economy, News
New Delhi, Feb 6 (PTI) The Centre will move the issue of bringing aviation turbine fuel (ATF) under the GST net for discussion in the next meeting of the GST Council, Finance Minister Nirmala Sitharaman said on Sunday, while noting that rising global fuel prices are a "concern". When the GST was introduced on July [...]
by PTI News | Feb 6, 2022 | 7:33 pm | News
Mumbai, Feb 6 (PTI) India Inc paid rich tributes to singer Lata Mangeshkar following the Bharat Ratna awardee's death on Sunday, saying music will not sound the same again. Harsh Goenka of RPG Enterprises said it feels like a voice of the country has been silenced, after the death of Mangeshkar at 92 in a [...]
by PTI News | Feb 6, 2022 | 7:03 pm | News
New Delhi, Feb 6 (PTI) To promote long-term infrastructure debt market, India Infrastructure Finance Company (IIFCL) has participated in the issue of non-convertible debt securities amounting to Rs 325 crore by placing its first e-bid in the issue of an InvIT earlier this week, the company said on Sunday. The NCDs issued by Infrastructure Investment [...]
by PTI News | Feb 6, 2022 | 7:03 pm | Company Results, News
Mumbai, Feb 6 (PTI) State-owned Bank of Baroda (BoB) said it is on track to achieve a loan growth of 7-10 per cent in the current financial year and expects advances to grow 10-12 per cent in the financial year 2022-23, its Managing Director and CEO Sanjiv Chadha said. In the quarter ended December 2021, [...]
by PTI News | Feb 6, 2022 | 7:02 pm | Economy, News
New Delhi, Feb 6 (PTI) Asserting that the issuance of sovereign green bonds is part of the government's overall borrowing programme, Economic Affairs Secretary Ajay Seth has said these rupee-denominated papers will have long tenure to suit the requirement of green infrastructure projects. Finance Minister Nirmala Sitharaman in her Budget Speech announced that the government [...]
