Page 139 - Bs Reporter%c2%a0/workspace/business Standard Web/video

Market regulator Sebi mulls tweaks to help AIFs buy stressed assets

The RBI had communicated to Sebi a list of requirements in the framework including SSFs in its master directions

TN CM Stalin inaugurates manufacturing unit for Crocs footwear brand

Plant with Rs 400 cr investment will provide jobs to 4,000 people initially

Outperformance prompts funds to explore defence exemption for L&T

The report further added that the management continues its proactive discussions with ESG agencies on the defence exposure

Private equity company True North enters the private credit segment

True North's 'Performing Credit Regular Income Fund' bridges the supply-demand gaps with custom solutions for middle-market companies

DSP AMC initiates ops in GIFT City; Union AMC launches Children's Fund

The new fund offering (NFO) will close for subscription on December 12, 2023 and will reopen for sale and repurchase within 5 business days from allotment

PM pitches for UPI transactions, urges people to hold weddings in India

In his monthly Mann Ki Baat radio broadcast, Modi said the trend of cash transactions has been declining in the country

Berkshire Hathaway sells remaining 2.46% in Paytm for Rs 1,371 crore

Berkshire's exit comes after a string of selldowns for the firm, including stake cuts by Japanese conglomerate SoftBank Group and the exit of China's Alibaba Group

SGB scheme: Final redemption price for 1st tranche set at Rs 6,132 a unit

The interest on the Gold Bonds commences from the date of its issue, which has a fixed rate of interest at 2.75 per cent per annum on the amount of initial investment

RBI slaps penalty on Citibank, Bank of Baroda, IOB for violating norms

On Bank of Baroda, RBI said the lender failed to ensure accuracy and integrity of data on large exposures submitted to RBI with respect to some accounts

Private equity firms sell 9.8% stake in Home First Finance Company

The shares were sold in the price range of Rs 870 to Rs 871.Shares of Home First fell 4.3 per cent to close at Rs 875. Among the buyers were Smallcap World Fund and Fidelity Global

IREDA IPO subscribed 38.8 times; Tata Technologies, Gandhar at 15x

IREDA has set the price band for its IPO between Rs 30 and Rs 32 per share

Honasa Consumer shares soar 20% after strong performance in Q2

Shares of the company last closed at Rs 424

Amazon India, WBIDC sign MoU to boost e-commerce exports from West Bengal

WBIDC will build e-commerce export hubs and set up e-commerce exports facilitation cell in key districts across West Bengal including Kolkata

360 ONE Wealth ropes in Satheesh Krishnamurthy as CEO of HNI business

The company said Krishnamurthy's key responsibilities will include identifying new business opportunities, distribution footprint, product stack, and developing financial strategies

Air compressor maker Elgi Equipments seeks $450 mn revenue by FY26

US market holding well because of the country's investments in infrastructure, says senior executive

IIT Madras reports 19% rise in internship offers for 2023-24 batch

Texas Instruments , J P Morgan Chase, Dr Reddy's Laboratories among companies that made offers

Tamilnad Mercantile Bank finalises three candidates for MD and CEO post

It was at the end of September that the bank's MD and CEO, Krishnan Sankarasubramaniam, resigned from the post, citing personal reasons

ITeS, MSMEs set for stable growth amid global slowdown, shows report

More tailwind is expected from the travel segment, which is poised for double-digit revenue growth, further augmenting ITeS growth

Domestic brokerage Prabhudas Lilladher sets 12-month Nifty target 22,584

"Nifty is not in a bubble zone as it is trading at a 17.2 per cent discount to the 10-year average which provides comfort," said Amnish Aggarwal, head of research at Prabhudas Lilladher

No additional share pledge by IIHL and subsidiary in IndusInd Bank

The promoter entities' pledge of shares as on date works out to 6.87 per cent of the paid-up share capital of the IndusInd Bank and has remained unchanged since long,'' the statement said.