Sebi takes stock of securities mkt functioning at GIFT IFSC
Sebi chairman Ajay Tyagi on Friday took stock of functioning of securities markets at GIFT City International Financial Services Centre. Besides, he promised full support for GIFT City (Gujarat International Finance Tec-City) IFSC, the National Stock Exchange (NSE) said in a release. GIFT IFSC Chairman Sudhir Mankad and officials of...
-
FPIs can buy corporate debt limit worth Rs 9,500-cr in infra sector
30 September 2017 | PTI -
Coal India mulls entering minerals mining biz like bauxite & iron
30 September 2017 | PTI -
Interest rate on small savings for Oct-Dec kept
30 September 2017 | PTI -
HUl to exit jt venture with US-based KCC
30 September 2017 | PTI -
Deadline for selling pre-GST goods extended to Dec 31, says Paswan
30 September 2017 | PNS -
Public views on norms for in-flight mobile services sought by Trai
30 September 2017 | PTI -
Cut on gold duty may become a thorny issue in India-EFTA talks
30 September 2017 | PTI
Prabhu calls for global financial architecture
Commerce and Industry Minister Suresh Prabhu has made a case for a global financial architecture to facilitate flow of funds among nations. “What is important is to create a financial architecture, which facilitates flow of capital from one country to another. The architecture will facilitate savings, which leads to investments,...
IFCI sells 24% stake in TFCI for over Rs 290-cr
Infrastructure term lender IFCI on Friday sold 24 per cent stake in Tourism Finance Corporation of India (TFCI) for over Rs 290.63 crore. “IFCI has sold 1,93,72,020 equity shares representing 24 per cent of the stake in TFCI at an average price of Rs 150.03 on September 29, 2017,” IFCI...
Maruti brings ECSTAR brand to India
Country’s largest carmaker Maruti Suzuki India (MSI) on Friday launched ECSTAR, Suzuki's global brand of lubricants, coolant and car care products in India. The company will initially cater to customers at Nexa workshops and gradually it would be offered at the company's full service network of over 3,000 workshops across...
Sensex ends steady, but posts weekly loss
The benchmark Sensex on Friday closed flat as buying by domestic institutional investors and retailers saved the day amid a strengthening rupee. Much of investors' worries on fiscal deficit receded as a top official laid out the Centre's borrowing plan for the second half of 2017-18, reiterating the government's commitment...
RBI chief calls on FM before policy review
RBI Governor Urjit Patel on Friday called on Finance Minister Arun Jaitley and is believed to have discussed macro-economic issues ahead of October monetary policy review amid rate cut demands to boost sagging growth. The six-member Monetary Policy Committee (MPC) headed by Patel will meet for two days on October 3...
India's external debt rises to$485.8 bn at June-end
India’s external debt increased 3 per cent to $485.8 billion at June-end over the previous quarter, mainly due to increase in inflow of foreign portfolio investment into domestic capital market's debt segment. “At end-June 2017, India’s external debt was placed at $485.8 billion, recording an increase of $13.96 billion over...
CAIT asks Govt to allow sale of old stocks till March
Traders body CAITon Friday claimed that goods worth Rs 6 lakh crore may become redundant if the last date for using MRP-labelled old stock is not extended beyond September 30. It said with implementation of the Goods and Services Tax (GST) in July, it was provided that stocks as on...
