The proposal being discussed includes extending the moratorium on spectrum payments for companies by a few years, and thereafter convert the interest portion — to be charged to maintain the net present value (NPV) of the outstanding — into equity, while the companies are be mandated to pay back the principal in its entirety, sources said.
US clients of the brokerage will now be able to trade and custody bitcoin, ethereum, litecoin and bitcoin cash alongside stocks, options, futures, bonds, mutual funds and exchange-traded funds, the company said.
Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 380762.25 Crore) operating in Telecommunications sector.
With the entire debt repayment at Volcan, the pledge on all the equity shares of VRL has been released, the company said in the statement.
The San Mateo, California-based firm joins a slew of listings from the software and technology sector. Most such debuts have seen strong interest from market participants who expect the companies to benefit from the shift to hybrid work following the pandemic.
Talks on with Amansa, Blackstone, OrbiMed and others as e-pharmacy eyes IPO at $7-8 billion valuation.
Ami Organics and Vijaya Diagnostics will make their Dalal Street debut today. Both issues were open for subscription during September 1-3.
HCL Technologies has signed a multi-year contract with biotechnology firm Genmab to support its IT infrastructure operations globally, it said, without disclosing the deal value.
Mining major Coal India Ltd might raise prices of the dry fuel by at least 10-11 per cent to mitigate the impact of increased costs and an impending wage revision, sources close to the development said. The Kolkata-headquartered company had last hiked coal prices in 2018.
The shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share, according to a public notice.
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