"The Committee of Executive Directors of the bank at its meeting held today has approved the allotment of 40,000 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds in the nature of debentures aggregating Rs 4000 crore on private placement basis," ICICI Bank said in a regulatory filing to stock exchanges.
Nilekani, who contested the last Lok Sabha polls on a Congress ticket, said banks were nationalised over five decades ago because they were focusing only on big industries and ignoring smaller ones. The 21 state-run banks had suffered reverses because of lending to large companies.
There is also a question of time slots that Indigo may end up losing if the cancellations continue. As per DGCA rules, slots allotted to an airline will be cancelled if the airline does not utilize them for a period of one month
The United States Food and Drug Administration (USFDA) had conducted a product specific pre-approval inspection at company's Goa plant in January 2018, Cipla said in a BSE filing.
The Switzerland-based shoe major, the parent company of Bata India, expects India to be number one in terms of turnover, surpassing Italy, by December 31 this year.
Called the 'Future Jobs Finder', the programme is an open online platform accessible to all youth for identifying their skills and matching them to digital jobs and trainings worldwide, the company said in a statement and claimed the initiative to be the largest of its kind in the world.
India and France had on March 10 inked an agreement to expedite the Jaitapur nuclear power plant project, with the aim of commencing work at the site around the year-end, during France President Emmanuel Macron's visit to India.
Gada, whole time director of the company, has been re-designated as CEO and Chief Financial Officer (CFO) of the company, Shemaroo Entertainment said in a regulatory filing.
The IPO to raise Rs 512 crore received bids for 43,80,165 shares against the total issue size of 1,08,72,661 shares, data available with the NSE showed.
A meeting of the committee of board of directors will be held on March 20, 2018 to consider and approve the issue of NCDs, aggregating up to an amount of Rs 100 crore on private placement basis, Raymond said in a stock exchange filing.
"The company had submitted its bids to the Ministry of Road Transport and Highways through Public Works Department, National Highways, Maharashtra for the ...projects," Ashoka Buildcon said in a BSE filing.
Goods worth nearly Rs 890 crore, involving customs duty of around Rs 52 crore, may have been diverted by the SEZ-based units of the Nirav Modi Group to the domestic market.
Deal momentum for the month of February continues to remain positive. There were total 102 deals in M&A and private equity worth USD 3.2 billion which was 66 percent higher than the same period last year.
The company has been lately scaling newer horizons such as investment advisory and insurance as it is locked in a fierce battle with Google and WhatsApp on the online payment business.
The Series C investment also saw participation from previous investors Accel Partners and Tiger Global Management, the company said in a statement today.
In this regard, the company will hold a meeting of its duly constituted Committee of the Directors on March 23, 2018.
He said there is more micro economic growth in the sector and that infrastructure loans need longer tenures
The acquisition, a first-of-its-kind venture by an entity under the Union power ministry, is carried out through EESL's British subsidiary EnergyPro Assets.
It has plans to have a range of over 46 products in segments as -- music boxes (bluetooth), wired and bluetooth headphones and music Tower Systems and is aiming to corner Rs 250 crore sales by 2020.
Private sector banks are accounting for "nearly entire" loan growth following the nearly Rs 13,000-crore scam at the state-run PNB, he said and projected that over the next four years, they will corner half of the credit market, up from 30 per cent now.
Nissan currently sells three models -- Micra, Sunny and the Terrano -- in India priced between Rs 4.64 lakh and Rs 14.46 lakh.
After falling for five consecutive sessions, the Indian market witnessed some bit of value buying along with short coverings at lower levels. However, the way, Nifty corrected from its intraday high, shows that the pain may not be over for markets.
"Last year, we were able to achieve over 10 per cent growth year-on-year. This year also we are going to do the same," Dassault Systemes India MD Samson Khaou told reporters.
itel, which is among the top three players in the feature phone segment in India, is a part of the Transsion Group that also sells handsets under Tecno and Infinix. The Group also holds majority stake in a joint venture that operates Spice Mobile.
Over the last year, the government has been cracking down on these so-called ‘shell companies’, many of which exist only on paper and are used as a conduit for tax evasion and money laundering.