issuance

  1. SEBI streamlines the process of public issue of debt securities

    SEBI streamlines the process of public issue of debt securities

    Mumbai, Markets regulator Sebi on Thursday decided to simplify the process of public issuance of debt securities to provide faster access to funds for such issuers.Under this, the Sebi board has decided to reduce the period for inviting public comments on the draft offer documents from 7...
  2. Kanchenjunga Express accident: ECR suspends issuance of T/A 912, directs drivers to exercise caution

    Kanchenjunga Express accident: ECR suspends issuance of T/A 912, directs drivers to exercise caution

    New Delhi, East Central Railway has ordered station masters in its area not to issue the note authorizing drivers to cross signals in case of failure of the automatic signaling system, days after the goods train collision Kanchanjunga Express in another area will kill 10 people. people.The...
  3. Sealdah Railway Division stops practice of issuing paper signal forms, orders withdrawn after few hours

    Sealdah Railway Division stops practice of issuing paper signal forms, orders withdrawn after few hours

    New Delhi, Sealdah Railway Division on Thursday withdrew an order suspending the issuance of T/A 912, a written letter of authority given to the train driver by the station master and allowing him to cross red signals in case of system failure automatic signals.In a new circular issued...
  4. DGFT launches faceless automation system to set input-output norms for exporters

    DGFT launches faceless automation system to set input-output norms for exporters

    DGFT administers the Advance Authorization Scheme of the Foreign Trade Policy, which facilitates duty-free import of inputs for export production, including replenishment or duty exemption of inputs. Eligibility of inputs is determined by sector-specific criteria committees based on input-output...
  5. DJ MediaPrint & Logistics Ltd approved 2:1 bonus

    DJ MediaPrint & Logistics Ltd approved 2:1 bonus

    PNNMumbai (Maharashtra) [India], June 20: Board of Directors of DJ Mediaprint & Logistics Ltd, leading provider of integrated printing, logistics and courier solutions in India and abroad has approved a 2:1 bonus issue. The board of directors of the company also approved the issuance of...
  6. SEIL Energy raises Rs 250 crore through first bond issue

    SEIL Energy raises Rs 250 crore through first bond issue

    New Delhi, Leading independent power producer SEIL Energy India Limited has raised debt of Rs 250 crore through its maiden 5-year bond issuance on BSE.According to information available on BSE, the five-year bond issue (non-convertible debentures or NCDs) has a coupon of 8.45 per cent and will...
  7. SBI raises US$100 million from bonds

    SBI raises US$100 million from bonds

    New Delhi, State Bank of India (SBI) on Friday said it has completed the issuance of USD 100 million (about Rs 830 crore) bonds to finance business growth.The funds were raised through senior unsecured floating rate notes with a maturity of three years and coupons of secured overnight...
  8. 'Flawed investigation': Delhi court acquits 9 people in Canara Bank fraud case

    'Flawed investigation': Delhi court acquits 9 people in Canara Bank fraud case

    The hearing of this case, registered in 2011, started in 2015.Special Judge Hassan Anzar of Rouse Avenue Court acquitted Harpreet Fashion Pvt Ltd. Ltd., Mohanjit Singh Mutneja, Gunjit Singh Mutneja, Harpreet Kaur Mutneja, Harmendra Singh, Raman Kumar Agarwal, Darwan Singh Mehta, T.G...
  9. OBC certificates in West Bengal 'glaring example of administrative malpractice': CPIM

    OBC certificates in West Bengal 'glaring example of administrative malpractice': CPIM

    Agartala (Tripura) [India] Jitendra Chaudhary, leader of the opposition in Tripura and Communist Party of India (Marxist) MLA, has termed the issuance of OB certificates in West Bengal as "a glaring example of administrative malpractice". Notably, the Calcutta High Court on Wednesday canceled...
  10. Mumbai: ED makes 5th arrest in IT refund fraud case

    Mumbai: ED makes 5th arrest in IT refund fraud case

    New Delhi: The Enforcement Directorate has made the fifth arrest in its probe into a money laundering case involving a Rs 26 crore income tax refund fraud, the central agency said.Purshottam Chavan was arrested on May 20, a day after the agency raided his premises in Mumbai.Chavan has been...
  11. HPCL's profit decreased by 25 percent in the fourth quarter

    HPCL's profit decreased by 25 percent in the fourth quarter

    “The HPCL Board of Directors has recommended the issue of one bonus share for two shares, subject to the approval of the shareholders. The record date for the bonus issue has been set for June 21. The board has also recommended a dividend of Rs 16.50 per share on the face value of equity shares...
  12. SEBI fines Arun Panchariya Rs 15 crore in Winsome Yarns GDR manipulation case

    SEBI fines Arun Panchariya Rs 15 crore in Winsome Yarns GDR manipulation case

    New Delhi, Sebi on Tuesday imposed a fine of Rs 15 crore on Arun Panchariya for alleged fraudulent activities related to the issuance of Global Depositor Receipts (GDR) by Winsome Yarns Ltd.The latest ruling comes less than six months after appellate tribunal SAT had asked the watchdog to...
  13. The board of Aptus Value Housing Finance has approved the issuance of NCDs worth up to Rs 2,250 crore

    The board of Aptus Value Housing Finance has approved the issuance of NCDs worth up to Rs 2,250 crore

    CHENNAI: The board of housing finance company Aptus Value has approved the issuance of non-convertible debentures worth up to Rs 2,250 crore, the Chennai-based company said on Saturday.Aptus Value Housing Finance India Ltd reported a 22 per cent rise in its profit after tax for the year ended...
  14. RBI directs banks to restrict investment in capital market

    RBI directs banks to restrict investment in capital market

    New Delhi [India], The Reserve Bank of India (RBI) has issued instructions to banks regarding their exposure to the capital market, emphasizing compliance with the prescribed guidelines. In the latest circular, specifically relating to “Exposure of banks to the capital market – the issue of...
  15. India has denied reports of Indian companies taking over the work of issuing visas at Colombo Airport.

    India has denied reports of Indian companies taking over the work of issuing visas at Colombo Airport.

    New Delhi [India], India has denied reports of issuance of OVISAs by Indian companies at the Bandaranaike International Airport (BIA) in Colombo https://twitter.com/IndiainSL/status/178600340586283030 [https://twitter. com/IndiainSL/status/1786003405862830307 The Indian High Commission in...
  16. Muthoot Capital Services raises Rs 40 crore through debt

    Muthoot Capital Services raises Rs 40 crore through debt

    New Delhi: Muthoot Capital Services on Wednesday said it has raised Rs 40 crore through the issuance of commercial papers."The company has issued commercial paper (CP) worth Rs 40 crore due April 30, 2024, as per the guidelines issued by the Reserve Bank of India," Muthoot Capital Services...
  17. UCO Bank to infuse fresh capital in FY25, standalone net declines 9.5% to Rs 525 crore in Q4FY24

    UCO Bank to infuse fresh capital in FY25, standalone net declines 9.5% to Rs 525 crore in Q4FY24

    Kolkata, UCO Bank on Monday said its board has approved the issuance of fresh equity shares worth Rs 4,000 crore in the current financial year.The Kolkata-based bank reported a net profit of Rs 525.77 crore for the fourth quarter ended March 2024, down 9.5 per cent compared to the same period...
  18. Bank of Sharjah acts as joint lead manager, bookrunner on US$300 million Sukuk

    Bank of Sharjah acts as joint lead manager, bookrunner on US$300 million Sukuk

    Dubai [UAE], Bank of Sharjah acted as joint lead manager and bookrunner on a USD300 million Additional Tier 1 (AT1) 5.5-year Sukuk for Kuwait International Bank (KIB), alongside other international and regional banks. The transaction represents the first US dollar Additional Tier 1 (AT1)...
  19. Relief to CPI-M candidate Thomas Isaac, Kerala High Court asks ED to give him time

    Relief to CPI-M candidate Thomas Isaac, Kerala High Court asks ED to give him time

    Incidentally, the ED has so far served six notices to Isaac to appear for questioning in a case related to the issuance of masala bonds by the first Pinarayi Vijayan government (2016-21), when Isaac was the state finance minister.Both Isaac and officials of the Kerala Infrastructure Investment...
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