The big question that’s bothering everyone is how are the gains from crypto assets to be calculated?
Meanwhile, Axis Bank has already tapped the international market to raise AT1 bonds. Several other public sector banks are looking at issuing the bonds — both locally and in the international market — following the good response to recent issues. According to bankers, there is fresh interest for AT1 bonds as these offer a higher rate of return and yields are very low in the debt market.
​​​Asish Narayan has been appointed as the resolution professional (RP) in the case by a division bench led by judicial member Suchitra Kanuparthi and a technical member Chandra Bhan Singh. The next date of hearing is 20 September.
Dominance of a few players may not be in the best interest and there is a need to raise competition, says Dilip Asbe.
The record date for the purpose of payment of dividend September 9. The interim dividend will be paid within stipulated timelines as prescribed under law, the filing said.
The company explained that keeping in view of fund requirements of the company due to rapid capacity addition programme, the limit of Rs 30,000 crore is required to be increased.
REC today sold 61.8 million shares of National Hydroelectric Power Corporation at Rs. 27.2 apiece through a bulk deal on the National Stock Exchange.
The company had sold 13,651 units in August 2020, M&M said in a statement.
"The electricity market at the Indian Energy Exchange achieved a new milestone with a record all time high monthly volume of 9,538 MU achieving 74 per cent YoY (year on year) growth in August 2021," an IEX statement said.
"Given the bounce back in economy and markets, Yes Securities is all set to leverage and strengthen our key verticals of investment banking, merchant banking, wealth broking and institutional equities," Prasanth Prabhakaran, MD and CEO, Yes Securities, said.
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