Sebi proposes delisting mechanism for non-convertible debt securities
NEW DELHI: Capital markets regulator Sebi has proposed a mechanism for the voluntary delisting of non-convertible debt securities.Under the mechanism, an entity should not be permitted to delist a few ...
Adani to raise Rs 21,000 crore from share sale in two group companies
NEW DELHI: Billionaire Gautam Adani's group will raise Rs 21,000 crore (over $2.5 billion) through share sale in two group companies in the boldest comeback strategy after the ports-to-energy conglome ...
Hindustan Aeronautics posts first drop in profit in 10 quarters
BENGALURU: Hindustan Aeronautics Ltd (HAL) on Friday, reported its first decline in profit in 10 quarters, hurt by higher input costs and tax expenses.HAL's consolidated net profit fell nearly 9% to 2 ...
No plans to file for insolvency: SpiceJet
BENGALURU: Indian low-cost carrier SpiceJet Ltd on Thursday said it had no plans to file for insolvency, quelling fears of a spillover from rival Go Airlines (India)'s voluntary bankruptcy admission." ...
India to reopen application process for $10 billion in chip incentives
NEW DELHI: India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed, including billionaire Anil Agarwal’s $19 billion plan, are taking time to ge ...
Investors wealth climbs over Rs 2.27 lakh crore as markets rally
NEW DELHI: Investors became richer by over Rs 2.27 lakh crore on Monday as equities rebounded, with the BSE Sensex rallying over 1 per cent amid continuous foreign fund inflows and upbeat global marke ...