Tata Power on Friday said it has raised Rs 2,000 crore through non-convertible debentures (NCDs) on a private placement basis.The NCDs have been issued based on the multiple return allocation methodology prescribed by the BSE and Sebi and the issue price of the NCDs has been determined accordingly, the company said in an exchange filing. […]
The markets witnessed a volatile session on the weekly expiration day but ultimately ended in the green, extending Monday’s recovery. Technically, analysts say the Nifty has regained its short-term moving average, the 20-DEMA, around 25,600. Staying above this level could open the door for a move towards 25,800-26,000, while any weakness below could lead to […]
Laser Power and Infra LTD, manufacturer of cable and conductors, is in itself this month to submit his provisional papers with Market regulator Sebi to increase everywhere between RS 1,200 Crore and RS 1500 Crore via a first public offer (IPO), people who are familiar with the matter. With this, the company established in Kolkata […]
While the GST reforms of India are praised as a catalyst to stimulate growth and reward investors of shares, not all shares have emerged as winners. The GST on coal was raised to 18% compared to the earlier 5%, with the influence of assets. On Thursday, Coal India remained flat, while NLC India, Tata Power […]