Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a statement on its website, without identifying the executives or giving details on the nature of the products.
Authorities are looking into whether Binance or its staff profited by taking advantage of its customers, Bloomberg reported, citing people with knowledge of the matter.
Though most top exchanges saw a surge in buying activity in the last few weeks, as much as 60-80% of all transactions are now happening through some of the new methods introduced by the crypto exchanges.
The bonds are supposed to be listed on the Singapore Stock Exchange and marked as high-yield securities, below the investment grade.
Inox Wind Energy sold 1.47 million shares of the Inox Group company at Rs. 104.3 apiece through a bulk deal on the BSE.
Any announcement of tapering by the Fed could lead to some knee-jerk reaction from the global markets including India. This week the benchmark indices rose over 1 per cent despite closing in the red today.
According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt and hybrid securities -- was at Rs 97,744 crore in August-end compared to Rs 85,799 crore in July-end.
Pointing out the growing number of AIFs, Sebi Chairperson Ajay Tyagi said on Thursday that the last financial year saw 90 new AIFs getting registered with the regulator under different categories, taking the total number to more than 700.
The Nasdaq was the worst performer among the main U.S. indexes in early trade, as a batch of strong economic readings encouraged investors to pivot into growth-exposed sectors and out of tech this week.
Local rating companies – ICRA and CRISIL rated those papers with AA (Stable outlook). Bonds will offer up to 8.30 percent. Maturities are spread across 39 months to 100 months.
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