If the proposal for composite insurance registration is passed, there would be change in solvency margin and capital requirement for these companies.
According to data with the depositories, Foreign Portfolio Investors (FPIs) invested a net sum of Rs 11,557 crore in equities during December 1-23.
Globally, silver was trading 0.80 per cent lower at USD 24 per ounce in New York.
Analysts attributed the rise in copper prices to raising of bets by participants.
The company will acquire the assets of the subsidiaries of Switch Enterprises, LLC based out of Canada, the United States of America and the United Kingdom. Switch Enterprises, LLC, USA, along with its subsidiaries are collectively referred to as ‘Switch’.
Reliance is India’s biggest brick-and-mortar retailer with over 16,600 stores, and a strong wholesale unit would further deepen its operations in India.
Billionaire Mukesh Dhirubhai Ambani-led Jio placed a bid of Rs 3,720 crore in November 2019 to acquire the tower and fibre asset of debt-ridden subsidiary of his younger brother Anil Ambani-managed firm Reliance Communications.
Panagariya pointed out that even a large economy such as the US has not been very successful with its sanctions either against China or even Russia.
In an interview with PTI, Sawhney said the company is developing 13 million square feet in phases across four residential projects in Mulund, Thane, Mahalaxmi and Byculla in the MMR.
Das has been staunchly opposed to such instruments and the RBI has gone till the Supreme Court with its contention.
As per Sebi, audited balance sheet of the company for FY 2011-12 was full of misleading financial data and did not contain the true and correct numbers pertaining to its financial health.
The other agricultural commodities suspended by Sebi are — paddy (non-basmati), chana, crude palm oil, mustard seeds and their derivatives and soya bean and its derivatives.
Globally, gold was trading 0.16 per cent higher at USD 1,803.10 per ounce in New York.
Last week, major central banks raised their policy rates by half a per cent. S&P BSE Sensex gained 40 points to 61,378.29 whereas NSE Nifty 50 surged 19.75 to 18,288.75 level at 9.30 am on Monday.
Further, capital flows will be dictated by the global developments, particularly the trends in the dollar index and US bond yields.
The Centre in September issued directions to Central GST officers to launch prosecution in offences exceeding Rs 5 crore. That direction was given through a circular, but the GST law currently sets the limit at Rs 1 crore.
Also, he said the sources of funding for innovation need to be thought through on a national level, citing the examples of the US and Japan where the lion’s share of funding came from the government.
Globally, silver was trading 0.58 per cent lower at USD 23.17 per ounce in New York.
Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047.
The company’s board, at its meeting held on Thursday, approved the funding by way of loan or deposit or investment in its securities up to Rs 300 crore, Max Healthcare Institute Ltd (MHIL) said in a regulatory filing.
In the two-day offer-for-sale (OFS), the government is selling 4 crore shares or 5 per cent stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of Rs 680 a share.
Invenire Petrodyne Ltd (IPL), a subsidiary of the company, won a Coal Bed Methane (CBM) block SP-ONHP(CBM)-2021/1 in Madhya Pradesh.
The government’s offer-for-sale (OFS) of up to 5 per cent stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of Rs 680 a share opened for institutional investors on Thursday.
The Fed also projected at least an additional 75 basis points of increases in borrowing costs by the end of 2023 as well as a rise in unemployment and a near stalling of economic growth.
Users had pulled out $3.7 billion in crypto over the seven days to Tuesday, it later added.