Reports suggest state-owned banks have lapped up Rs 40,000 crore, so far, using both bonds and equity instruments. The question, though, is whether there will be a perceptional change for PSB stocks.
Continuing efforts to boost the capital market, Sebi on Wednesday decided to tweak the 25 per cent minimum public shareholding requirement for companies undergoing insolvency process, segregate assets as well as liabilities of mutual funds, and ease norms governing promoter participation in follow-on public offers. For the mutual fund segment, the watchdog also relaxed the profitability criteria and mandated minimum Rs 100 crore net worth requirement for entities to become sponsors of mutual funds. The board of Sebi, at its meeting on Wednesday, also cleared amendment regulations pertaining to market intermediaries to avoid duplication of proceedings before the designated authority and the designated member.
Finance Minister Pranab Mukherjee had earlier given a tax holiday to the Railways till December 31. Banerjee now wants the tax relief extended to March 31.
The Kisan Long March-2 is expected to take over nine days to complete
Juster said it is not related to India signing the S-400 deal with Russia.
With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.
During his visit to India in May, the Apple CEO had discussed the issue with Prime Minister Narendra Modi.
The partial withdrawal would mean that Iran would stop exporting enriched uranium stocks as stipulated by the 2015 agreement.
Tamanna Hashmi, a social activist, filed the complaint in the court of Chief Judicial Magistrate Hari Prasad, alleging that the minister had said that the farmers' protests were attempts to grab media attention, and sought a direction for issuing summons to Singh.
That the MVA government, comprising Shiv Sena, Nationalist Congress Party and Congress completed a year in office despite frequent murmurs of lack of coordination among the ruling alliance partners is being attributed to the rapport between Thackeray, 60, and NCP patriarch Sharad Pawar.
Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots.
