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IFCI's NCD issue opens for subscription till Nov 21

Government owned term lender IFCI Ltd today opened the public issue Non-Convertible Debentures to raise up to Rs 2,000 crore and it will be available for subscription till November 21.

Rupee higher after diesel deregulation, election results

The rupee is trading at 61. 22 versus the dollar compared with Friday's close of 61

Re likely to stay weak till new FII flows start in Jan

The rupee is likely to continue its slide against the US dollar at least till December and may look up only from January when fresh inflows from foreign institutional investors

Tax sops key to success of Reits, InvITs, says Sebi official

Tax incentives are key to the success of Real Estate Investment Trusts (Reits) and Infrastructure Investment Trusts (InvITs), a senior Sebi official has said.

In September, market watchdog Sebi had

Jewellery sales to jump by 35 pc during Dhanteras: Experts

Jewellery sales are expected to surge by up to 35 per cent during Dhanteras, traditionally the country's busiest gold buying period, compared to last year, industry experts said.

"There is

RBI allows Repco Home Fin to raise foreign shareholding to 49%

Housing finance company, Repco Home Finance has been allowed to raise its foreign shareholding to 49 per cent, after getting approval from the Reserve Bank.

The foreign shareholding limit by

Canara Bank to raise Rs 80 crore via QIP mode

State-owned Canara Bank will raise Rs 80 crore during the current financial year through QIP mode.
"Upon taking the matter with the RBI and Ministry of Finance

Section of EPFO trustees in favour of investing in PSU equity

Some of the retirement fund body EPFO's trustees are pitching for investing a part of the body's huge corpus of around Rs 6 lakh crore in equity of profit making

With seizures up, gold smuggling loses its shine

Gold smuggling into India, the world's second-biggest consumer of the precious metal, is becoming more risky for couriers following a surge in seizures and less profitable for the gangs behind

Rupee up 19 paise against dollar

The rupee recovered from over seven-month low by appreciating 19 paise to 61. 64 against the US dollar in early trade today at the Interbank Foreign Exchange on selling of

  • Payout on Franklin Templeton plan

    FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.

  • Canara Robeco declares dividend

    Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.

  • Payout on HSBC MF plan

    HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.

  • Dividend on Kotak MF

    Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.

  • UTI Mutual Fund declares dividend

    UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.

  • Payout on Bharti AXA scheme

    Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.

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