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Dr. Indrajit Coomaraswamy was appointed Governor, Central Bank of Sri Lanka (CBSL) with great expectations to ‘clean up’ and give it credibility after its ignominious conduct in recent times where the egregious Bond Scam (prior to him assuming office) figures prominently. One wonders whether the CBSL has learnt anything from the Bond Scam and other misdemeanors going by the example of the European Union designating Sri Lanka as a ‘high risk country for money laundering’ subsequent to the ‘Financial Action Task Force’ (FATF) placing the country on its ‘grey list’ reportedly from NOVEMBER 2017 for which Dr. (7-0)
2:50 pm Market Update: Benchmark indices fell sharply in last hour of trade amid political upheaval after the Telugu Desam Party (TDP) formally decided to quit the NDA government. (14-0)
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (13-0)
HDFC Asset Management Company today filed its draft papers with capital markets regulator Sebi for an initial public offer (IPO). (8-0)
PNB scam exclusive: Banks' credit limit exposure to Nirav Modi pegged at Rs 321cr in FIR, may actually be Rs 3,000cr (20-0)
3:30 pm Market Closing: Benchmark indices closed lower despite upside in European peers, with the Sensex falling 150.20 points to 33,685.54. (35-0)
PNB scam exclusive: Banks' credit limit exposure to Nirav Modi pegged at Rs 321cr in FIR, may actually be Rs 3,000cr (26-0)
3:05 pm ICICI Securities IPO: The subscription for IPO to be open from March 22 to March 26. The price band is set at Rs 519-520 per share. (27-0)
1:55 pm Order Win: HG Infraprojects has been declared, L-1 for new EPC project under MORT for upgradation to two lane with paved shoulder configuration from Kundal to Jhadol (Section Of NH-58E), Package-I, in Rajasthan. (25-0)
The 30-share BSE Sensex was down 61.16 points at 33,856.78 while the 50-share NSE Nifty gained 5.50 points at 10,426.90. (24-0)
2:55 pm Lupin launches generic Safyral tablets in US: Lupin announced the launch of its Tydemytm tablets (Drospirenone, Ethinyl Estradiol, Levomefolate Calcium, 3mg/0.03mg/0.451mg and Levomefolate Calcium, 0.451mg) having received an approval from the United States Food and Drug Administration (FDA) earlier. (24-0)
New Delhi: Mortgage lender Housing Development Finance Corp. Ltd (HDFC) on Tuesday said it will sell over 4% stake in its asset management arm HDFC Asset Management Co. Ltd (HDFC AMC) through an initial public offer (IPO).
Mortgage lender HDFC Ltd today said it will sell over 4 percent stake in its asset management arm HDFC AMC through initial public offer (IPO). (3-0)
Mortgage lender HDFC Ltd today said it will sell over 4 per cent stake in its asset management arm HDFC AMC through initial public offer (IPO).
The Committee of Directors of Housing Development Finance Corporation (HDFC) on Tuesday approved offering up to 85,92,970 equity shares of Rs 5 each of HDFC Asset Management Company, representing 4.08 per cent of the paid-up and issued share capital of HDFC AMC as on current date, for sale in the IPO.