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1-10 results from 1000 for query «debt»

25 April, 2018 4:58 PM NSE launches Nifty Equity Savings Index for mutual funds

NSE’s index services subsidiary, India Index Services & Products Limited, has introduced Nifty Equity Savings Index, which can serve as a benchmark for equity savings funds offered by various mutual fund houses. The index captures the performance of a portfolio having exposure to equity, equity arbitrage and debt instruments and is similar to the investment 21

24 April, 2018 7:51 AM Capital Float raises ₹144 cr in equity funding from Amazon

Capital Float, a digital lender, raised ₹144 crore in equity funding from Amazon, according to a company statement. This takes Capital Float’s total equity funding to about $110 million from Amazon and other existing investors including Ribbit Capital, SAIF Partners, Sequoia India, Creation Investments, and Aspada. In addition, the company has also raised 40

21 April, 2018 3:29 PM Why Vedanta could gain out of Electrosteel acquisition

For Vedanta, acquisition of Electrosteel could be value accretive as it has iron ore mines around the latter's plant thus reducing the overall cost For Vedanta, acquisition of Electrosteel could be value accretive considering that the company has got ready iron ore mines around the latter's plant thus reducing the overall cost and generate better returns 41

20 April, 2018 4:58 AM Tata Mutual Fund seeks SEBI nod to launch open-ended balanced fund

Tata Balanced Advantage Fund will deploy at least 65 percent of its assets in equity and equity-related instruments, and equity derivatives Tata Mutual Fund has sought the Securities and Exchange Board of India’s approval to launch an open-ended dynamic asset allocation fund, according to the draft offer document filed on the regulator’s website 47

17 April, 2018 4:07 PM NCLT approves Vedanta's resolution plan for Electrosteel

Kolkata: The National Company Law Tribunal`s (NCLT) Kolkata bench on Monday approved Vedanta Ltd`s resolution plan for the insolvent Electrosteel Steels Ltd. During the insolvency proceedings, the debt-laden company`s resolution professional had submitted Vedanta`s resolution plan before the bench for final disposal after lenders declared it as "successful 73

17 April, 2018 4:36 AM Binani Industries seeks shareholders’ nod for sale of cement arm to UltraTech

There are six bids with the highest being ₹6,590 crore. Binani Industries Ltd. has sought the approval of shareholders for sale of 98.43% equity shares and 100% of preference shares of its arm, Binani Cement, to UltraTech Cement Ltd. Bank of Baroda had initiated insolvency proceedings against Binani Cement. According to resolution professional, the total 42

16 April, 2018 4:38 PM SC directs realty firm to deposit ₹100 cr. by May 10

JAL had earlier paid first tranche towards refunds to buyers The Supreme Court on Monday directed realty firm Jaiprakash Associates Limited (JAL) to deposit ₹100 crore with its Registry by May 10. The Bench headed by Chief Justice Dipak Misra also directed the Insolvency Resolution Professional to consider the representation of JAL on revival plans as per law. Meanwhile 29

15 April, 2018 4:09 PM Lakshadeep offers Jaypee Infratech ₹7,350 crore

Emerges as the front-runner to acquire the firm Dark horse Lakshadeep Pvt. Ltd. has emerged as the front-runner to acquire Jaypee Infratech with a bid of almost ₹7,350 crore, but way lower than what the real estate developer had proposed to lenders a year back to pay off debt. Lakshadeep Pvt. Ltd., a joint venture between Sudhir Valia-led Suraksha Asset 23

11 April, 2018 2:59 PM Mutual Funds see redemptions of Rs 50,000-crore in March

New Delhi: Mutual funds witnessed huge redemptions of over Rs 50,000 crore by investors in March on strong outflow from liquid and debt funds, according to industry body Amfi. Besides, MF schemes saw a net inflow of Rs 2.72 lakh crore in 2017-18, much lower than Rs 3.4 lakh crore seen in the previous financial year. Net inflows into equity MFs slumped 36

9 April, 2018 9:38 AM HDFC Mutual Fund to change type, allocation of HDFC Gold ETF from May 16

The scheme will be classified as an open-ended scheme mirroring the performance of gold HDFC Mutual Fund will change the type and asset allocation of HDFC Gold Exchange Traded Fund with effect from May 16, the fund house stated in an addendum. Subsequently, the scheme will be classified as an open-ended scheme mirroring the performance of gold, as against 57