Flemingo Travel Retail has filed preliminary papers with the capital markets regulator Sebi to garner Rs 2,600 crore through an initial share-sale.
Shares of Union Bank of India ended 1.50 percent lower after the lender said it has an exposure of Rs 1,900 crore to the PNB fraud case.
Wholesale debt market segment of the National Stock Exchange today witnessed a total turnover of Rs 1,885.00 crore in 44 trades.
The m-cap of the company was eroded by Rs 300 crore in the last 3 trading sessions. At the end of today's trading, it came down to Rs 445.40 crore.
At 6:56 a.m. ET, Dow e-minis 1YMc1 were up 40 points, S&P 500 e-minis ESc1 had added 6.25 points and the Nasdaq 100 e-minis NQc1 rose 19.5 points.
US dollar ends higher against rupee
Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Following are the Interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US Dollar 64.21/22 US Dollar Rs 63.9097 Pound Sterling 90.34/36 Euro Rs 80.1683 Euro 80.18/20 Japanese Yen (100) 60.50/52
Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors
Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share
MAHINDRA & MAHINDRA
To invest in Zoomcar India, Zoomcar Inc, U.S.
To invest Rs 176 cr in Zoomcar India
Initial investment in Zoomcar India likely to be completed by Feb 20
Additional investment in Zoomcar India expected to be completed by Aug 31
Co’s stake to increase to 16%
RBI inspection had found diversion of funds within group firms
Funds to the tune of Rs 525 cr given to intermediary borrowing cos
Religare Finvest increased corporate loan book against RBI’s directions
RBI has asked for clarity on rollover of fixed deposits with a bank
Findings suggested continued weakness of internal controls
Economic Times Reports
SC Allows Sale Of Fortis Health Shares Pledged With Lenders
SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis
Earlier, SC had restrained financial institutions from selling pledged shares
Business Standard Reports
Granted European GMP certification from Hungarian regulators for Mfg plant at Goa