This will result in dilution for all the existing shareholders of the company, including the founders, the unprofitable wireless carrier said in a stock exchange filing.
The global crypto market cap was down by almost a per cent to $1.96 trillion compared with last day. The total crypto market volume, meanwhile, zoomed about 44 per cent to $102.63 billion.
Delta Corp, Ganesh Housing, National Standard, Radhe Developers and Vikas Proppant are among the companies that will announce their December quarter results today.
ArcelorMittal is seeking a refundable security deposit that the erstwhile Essar Steel had paid to these two companies and were payable upon termination of the contract with these companies.
FHL, however, said the complaint has not yet been served on it under the Hague Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters (Hague Service Convention) -- a multilateral treaty that provides litigants the efficient means of serving documents on parties living, operating or based in another country.
On January 3, ET reported that Shriram planned to raise about $500 million via an offshore bond sale, which would be the year’s first issuance by a non-banking finance company.
The bonds would be marked as high-yield papers, below the investment-grade rating ranks.
The board has also approved January 21, 2022, as "record date" for the payment of the interim dividend for 2021-22.
Macquarie was the first ever broker to come out with a coverage report on Paytm, but its price target of Rs 1,200 set the tone for the stock on the debut day itself
The IPO is entirely an offer for sale. The company will not receive any proceeds from the offer
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