RIL said the company will continue to be Saudi Aramco’s preferred partner for investments in the private sector in India and will collaborate with Saudi Aramco and SABIC for investments in Saudi Arabia.
Sundaram Asset Management Company on Friday said it has received Sebi nod to acquire Principal Asset Management Company in India.
DME has obtained a letter of comfort from the NHAI for the proposed bond sale. The borrower is likely to hold an investor meeting in Delhi soon. It is a triple-A rated entity.
The Dow Jones Industrial Average rose 8.14 points, or 0.02%, at the open to 35,879.09.
Dividends slumped last year against the backdrop of the COVID-19 pandemic and as regulatory constraints and government pressures to restrict payments weighed.
The ECB is due to decide on the future of its bond-purchase programmes at its Dec. 16 policy meeting.
The Bank of England is widely expected to raise rates later this year and the Federal Reserve is winding down its bond-buying programme.
Global inflationary pressures present a suitable time for REITs to outperform bonds and stocks.
Binance US has the option to go for an IPO a la Coinbase Inc., CEO Changpeng Zhao says, without ruling out listing the parent company in future.
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said.
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