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"A direct listing of securities by domestic companies will now be permissible in foreign jurisdictions…This will facilitate access to global capital and better valuation,” says Finance Minister Nirmala Sitharaman While speaking at the launch event of AMC Repo Clearing and a corporate debt market development fund on Friday
India files appeal against Cairn arbitration awardThe appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax claim on Cairn Energy and ordering the government to return the value of shares it had sol… Read MoreAsian shares slip, dollar rises on flight to safetyThe index has had a disappointing run in March after five straight months of gains, as risk assets were earlier spooked by fears inflation will pick up at a faster-than-expected pace led by successful coronavirus vaccine roll… Read MoreResurgent midcaps & smallcaps in line to scale new peaksFour of the top 5 midcap gainers are from Adani Group — Adani Green Energy, Adani Enterprises, Adani Transmission and Adani Power which have rallied 277-827 per cent since March 24. In the small-cap index, Majesco, Tanla, Int… Read MoreStocks in the news: Anupam Rasayan, Rail Vikas Nigam, Airtel & Hero MotoCorpThe government said it will dilute 15 per cent stake in Rail Vikas Nigam via an offer for sale to raise nearly Rs 750 crore.
from Stocks-Markets-Economic Times https://ift.tt/3cZ0ke1
… Read MoreBad loans to rise by Rs 1.3 lakh cr after SC’s nod for NPA tagThe Supreme Court on Tuesday said that it will not interfere in the classification of non-performing assets (NPAs) but directed lenders to waive interest on interest for all borrowers. Earlier, the government had reimbursed i… Read More
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