On the lines of Shariah-compliant products, intermediaries ask exchanges to consider investment benchmark.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
List of disappearing entities could see additions, for first time in 20 years.
Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.
The 'T' group stocks refers to stocks which are only allowed to be traded on a delivery-basis.
The company will wait for sizeable user base for better valuation.
Provisioning for bad investments, finance costs shoot up in FY14.
The Securities and Exchange Board of India's (Sebi's) planned research analyst regulations will also apply to proxy advisory services which provide advice on corporate governance and issue voting recommendations to institutional shareholders regarding company resolutions.
It pegs the value of these companies at Rs 2 lakh crore (Rs 2 trillion).
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
The company had appointed a three-member committee of directors to implement the changes.
Operational income not covering even their interest expenses, finds study; analysts say if economy turns around, new equity issuances an option
Firms with low promoter holding may get to buy shares from secondary market.
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.