The five-year dollar money is priced at the US treasury plus 165 basis points, while from for a British investor the coupon will be 3 Libor plus 151 bps.
SC had asked NuMetal to establish that there was "subterfuge" on part of rival ArcelorMittal in divesting its shares in two debt-ridden firms before bidding for Essar Steel
A three-member bench of the National Company Law Appellate Tribunal (NCLAT) headed by Chairman Justice S J Mukhopadhaya said the CCI order against Hyundai Motor was "not based on any specific evidence".
The bench also made it clear that if the resolution plans fails to take off, then the NPA firm needed to be wound up to ensure that the banks get their dues.
Last month, Adani Enterprises had filed a plea in the Bombay High Court seeking quashing of all LRs against its firms that are under probe for alleged over-invoicing of Indonesian coal imports.
Iyer and Chaturvedi have also been nominated as Director on the central board of the RBI. The RBI's affairs are governed by the central board of directors.
Earlier, a Credit Rating Agency (CRA) was only allowed to undertake the rating of financial instruments under the guidelines prescribed by the financial sector regulators.
As part of its plans to grow the business, the company is also introducing new 'finger snack format' of its brand Kurkure, inspired by popular Indian snacks.
At a meeting of stakeholders called by the Ministry of New and Renewable Energy, solar power developers proposed that discoms should be penalised 50 percent of the agreed tariff for the part of renewable energy that they refuse to use.
In what is dubbed as India's biggest bank fraud, diamond jeweller Nirav Modi and his uncle Mehul Choksi had fraudulently raised billions of dollars in foreign credit by conspiring with staff at Punjab National Bank.
According to the statement, after the share split the paid up capital will be intact.
Lutz’s comments come after both the federal agency and the US Justice Department launched separate probes into Musk’s ‘going private’ comments
The order was passed on a complaint of profiteering filed by 109 home buyers of two affordable housing projects of Pyramid Infratech Urban Homes, Sector 70A, Gurugram and Urban Homes, Sector-86, Gurugram.
Sources told Moneycontrol that the Income tax department has been conducting survey from September 19 on the troubled airline’s Delhi and Mumbai offices.
The life insurer achieved breakeven in FY18 by posting net profit of Rs 5 crore
However, nearly 39 percent or about up to 2 lakh alerts go unattended due to lack of required skill sets, in line with global peers in the APAC region who left half of the "legitimate" cyberthreat alerts unattended, it added.
With this, Ashish Kacholia raised his stake in small medium enterprise to 8.68 percent from 8 percent earlier.
G Pradeep Kumar, CEO of Union AMC said the review of expense ratios by SEBI reflects the principle that as individual schemes get larger, the economies of scale should be shared with the investors.
The company already exports appliances like electric cookers, mixer grinders and wet grinders to international markets and clocked export revenue of about Rs 64 crore last fiscal.
The caveat was filed Tuesday after the country's second largest IT company said it would take legal advice for further action on the tribunal's order, a representative of Indus Law firm, engaged by Bansal, said.
Nikon India is working here on a twin strategy expanding the mirrorless camera segment, which are expected to grow in coming years, while focusing on its traditional D-SLR (digital single-lens reflex) cameras.
For the case, the Competition Commission of India (CCI) considered the "market for provision of services of development and sale of residential flats in city of Nashik", as the relevant one.
The property spread across 45 acres is currently under minor renovation to comply with all the ITC's exemplary sustainability practises, it added.
The company launched its fifth centre at IT park project 'Embassy Tech Village' in Bengaluru. In Mumbai, the company has 4 centres and one in Gurugram.
The tenor of the bonds is expected to be five years and the notes are to be issued by the bank's London branch.