Oil prices were flat on Tuesday ahead of a meeting where major producers are expected to stick to plans to add supply in February, as soaring COVID-19 cases have yet to spark lockdowns in the biggest fuel-consuming countries.
LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20869.39 Crore) operating in NBFC sector.
The financier of second-hand trucks is readying resources as it sees credit demand accelerating this year. The bonds are likely to have a tenor of five years. The proposed bond sale may be launched in the next two-four weeks.
In another transaction, Route One Offshore Master Fund bought 168,735 shares of McDowell Holdings at Rs 122.50 per share. Most of these, 167,189 shares to be exact, were sold by Route One Fund I.
The Association of National Exchanges of Members of India (ANMI), a group of 900 stock brokers, in a statement said it has written to Sebi and BSE for convening a meeting to discuss the impossibility of compliance with provisions of peak margin.
Investment banking activities generated a record $1.1 billion in 2021, which is 8.5 per cent higher compared to 2020, making it the highest-ever annual period since records began in 2000, the report said.
The Dow Jones Industrial Average fell 16.71 points, or 0.05 per cent, at the open to 36,321.59.
The size of the deals ranged between USD 8 million and USD 20 million, according to dealers
The bond sale will open for subscription on Tuesday and close by January 27
The IPO comprises fresh issuance of equity shares worth Rs 17.5 crore and an OFS of up to 2.98 crore equity shares by a promoter entity and an investor
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