Bemco Hydraulics Ltd decided to allot on a private placement basis 11 per cent cumulative redeemable preference shares of face value not exceeding Rs 14,73,200 at a premium of Rs 60 per share.
M Night Shyamalan redeemed himself with his new film The Happening, which surprised many industry forecasters, grossing an estimated three-day worldwide gross of $62 million.
Mutual fund investors in equity schemes are not yet rushing to redeem their units but inflows have dried up substantially, said mutual fund distributors.
Shares of ITC, Axis Bank and Larsen & Toubro are likely to stay with the Specified Undertaking of the Unit Trust of India, which was to be wound up in June.Legal opinion received by the government suggests that SUUTI can exist as long as all investors in one of the schemes floated by the erstwhile Unit Trust of India have not redeemed their investment, sources close to the development said. The value of the shares of the three blue chips was estimated at over Rs 15,000 cr.
Indian companies that raised large sums of foreign funds to finance growth and acquisition plans during the bull run in the stock markets are in a Catch 22 situation. The conversion price of their foreign currency convertible bonds is several times higher than their current market prices.
ManchesterCity beat Liverpool 3-1 on penalties to win the League Cup after Sunday's final finished 1-1 after extra time.
Pelosi's appointment comes at a time when a standoff with regards to the United States-Mexico border wall has snowballed into a partial government shutdown.
The Olympic torch was raised before Rio de Janeiro's iconic Christ the Redeemer statue on Friday on the final leg of its journey to the opening ceremony of the Olympics, as Brazil excitedly put the final touches to seven years of preparations.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Author and tarot fortune teller Karmel Nair tells you what to expect in 2019.
The offer is applicable from September 25 to October 31 and qualifies new post-paid customers across all Tata Docomo brand stores to win iPhone 5S, Samsung and HCL tablets, data packages, powerbanks, discount coupons from Jabong, among others.
The price has been cut 39 per cent to Rs 555.85 from Rs 908 per share originally after its request to redeem the bonds ahead of maturity was rejected by the Reserve Bank of India.
Subex Systems Ltd will seek holdersÂ’ nod to allot up to 18,87,000 redeemable optionally convertible cumulative preference shares of Rs 98 each totaling Rs 18.49 crore.
Great Eastern Shipping Company Ltd fixed March 26 record date for determining holders eligible for an interim dividend to be paid on 10.5 per cent cumulative redeemable non-convertible preference shares of Rs 10 each.
Swamy had also claimed that Rajan was "mentally not fully Indian" and alleged that he has "wilfully" wrecked the economy
India maintained their recent domination over arch-rivals Pakistan with a fighting 2-1 win to bag a consolation bronze medal at the 18th Asian Games.
These videos are like butterflies in a case, says Sreehari Nair. They have neither aged badly nor grown over-familiar.
Newly-elected Board of Control for Cricket in India secretary Ajay Shirke has said that the Board is keen on redeeming its image and bringing more transparency in its style of functioning.
The Rs 1,989 crore statue being built to honour Sardar Vallabhai Patel has taken 3,000 labourers nearly 5 years to complete.
English county side Surrey bagged Virat Kohli for a dirt cheap deal as the Board of Control for Cricket in India was keen to ensure quality game time for the India captain ahead of tour of England.
Griezmann goal earns Atletico first win of season
As we sit at home and miss live action, the wondrous phenomenon of sport has delivered so many past glories that we will probably never run out of things to see, recalls Dhruv Munjal.
Used intelligently, a credit card will get a smart buyer more value than what he pays for. Here's how you can push that plastic further
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
Australia must address their tendency to collapse before this year's Ashes series against England, skipper Steve Smith said after his team levelled their two-Test series against Bangladesh on Thursday.
Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.
Used intelligently, a credit card will get a smart buyer more value than what he pays for. Here's how you can push that plastic further
Genus Overseas Electronics Ltd plans to increase authorised share capital from Rs 11.7 crore to Rs 15.2 crore divided into 1,01,60,000 equity shares of Rs 10 each and 5,04,000 - 10% redeemable preference shares of Rs 100 each.
Tata Steel said it has raised Rs 2,000 crore (Rs 20 billion) through private placement of rupee debentures as part of its long term financing plan. The issue, which closed on May 6, opened with an initial size of Rs 750 crore (Rs 7.5 billion) and the deemed date of allotment for the debentures was May 7. The debentures were assigned a rating of AAA (ind) by Fitch Ratings India Private Limited for the aggregate amount of Rs 2,000 crore (Rs 20 billion).
Mirza Tanners Ltd issued 1000 7.5% non convertible debentures of Rs 100,000 each aggregating to Rs 100 million to Punjab National Bank on a private placement basis.
England battled back into contention on the third day of the second Test against West Indies as Mark Stoneman's first half century and captain Joe Root's unbeaten 45 helped wipe out a sizeable first-innings deficit on Sunday.
rebalancing is what you do when a particular investment's allocation has become large and you offload some of it. The biggest benefit of this technique is that it offers an automated method of booking timely profits.
Bhool Bhulaiyaa does good business in USA and UK, while Laaga Chunari Mein Daag flops.
Marico Industries Ltd declared a third interim dividend of 10 per cent on equity share capital for the financial year 2002-03.
Banking and telecom will see the highest impact of this transition.
Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.
Shimron Hetmyer said he looked up to the great Brian Lara and thanked his country's legends for backing youngsters like him.
To bail out Hindustan Copper Limited from its financial morass, the government plans to restructure the company's capital and waive interest on its loan, guarantee fee among others to adjust against HCL's accumulated loss of Rs 723 crore.
Corporates have been exploring various innovative ways to dole out gifts, especially at a time when mass mailing of the same gift to all its staff is not widely accepted. One such new route is e-vouchers.
GE Money India said on Monday it is talking to big retailers including Bharti-Wal-Mart and Reliance for offering credit programmes such as the private label credit card it has provided to Tata Group.
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