INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Nifty futures on Singapore Exchange were trading 15.5 point, or 0.14 per cent, higher at 10,847.50, indicating a firm for Nifty50
fall on Thursday as investors sell stocks to adjust them to value of swap ratio
investors was gobbled up by one large asset manager
The buzz is that public sector mutual fund picked up 35.9 lakh shares in 73.41 lakhshare-qualified institutional placement or QIP
The public sector fund would own 4.6 per cent in company.
Tata Power: MERC has allowed BEST to extend its existing Power Purchase Agreement
(PPA) with Company for 676.69 MW, supplied from its Trombay Thermal and hydro plants, for a period of five years from 1st April 2019 to 31
st March 2024.
RBL Bank: Mid-size private sector lender RBL Bank has appointed Pankaj Sharma as chief operating officer
He joins bank from larger rival Axis Bank, where he was heading retail operations function, an official statement said Wednesday.
Motherson
Syndicate Bank wherein state-run lender will be selling its policies.
Aavas Financiers: The NBFC has received a refinance assistance of Rs
400 crore from National Housing Bank
This, coupled with a Rs 200 crore fund raising from CDC Group of England through masala bonds route, strengthens liquidity position of
company, an official statement said Wednesday.
Syndicate Bank: State-owned Syndicate Bank said it would raise up to Rs 500 crore by issuing
shares to its employees under employee stock purchase scheme.
BPCL, HPCL and IOC: State-owned oil firms have no plans to recoup losses they
made on subsidising petrol and diesel by Re 1 per litre even though rates have now become at par with cost, top officials said.
ONGC:
State-owned Oil and Natural Gas Corp (ONGC) Wednesday said government has not yet asked it to reconsider listing its overseas arm ONGC
Videsh Ltd on bourses.
Board meetings
