Tea Board deputy chairman Arun Kr Ray said that this exercise is required for long-term sustainability of the industry as costs are rising and prices of tea have been flat at auctions
With this, the holding of Reliance Project Ventures and Management Ltd in Reliance Infra has come down from 30.05 per cent to 27.58 per cent, as per the filing.
Board of directors held marathon meeting which lasted over eight hours
On October 31, YES Bank had informed the exchanges that the bank had received a binding offer from a global investor for an investment of $1.2 billion in the bank
From September GDP data, SAT hearing on Karvy ban by Sebi to opposition parties and academicians attending slowdown conclave, Business Standard brings you the top news events of the day.
Yes Bank Ltd. is expected to name the investors and the amount of money they will contribute after its board signs off on the plan at a meeting on Friday
From December 1, 2019 all lanes of free plazas on national highways will be 'FASTag lanes'
So far, the lender has offloaded over 4.72 million shares of Reliance Capital
Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors
YES Bank, on October 31, had informed the exchanges that the bank had received a binding offer from a global investor for an investment of US$ 1.2 billion.
More than a third of stocks in top 500 have witnessed reduced coverage
Since September, FPIs have pumped in net amount of Rs 37,496 crore, while domestic mutual funds invested net amount of Rs 12,618 crore in equities, Sebi data shows.
Shares of Reliance Capital Ltd ended 0.61 per cent higher at Rs 16.40 on the NSE
However, the buyer of the shares could not be ascertained
Tata Motors, Tata Motors with differential voting right (DVR), Yes Bank and Vedanta will be dropped from the BSE's benchmark Sensex from December 23. In their places, UltraTech Cement, Titan Co Ltd and Nestle India will be added in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE, said in a statement on Friday. Besides, UPL Ltd and Dabur India will find a place in the S&P BSE Sensex 50, replacing Indiabulls Housing Finance and Yes Bank. Among other changes, Indiabulls Housing Finance, Yes Bank, InterGlobe Aviation, SBI Life Insurance Company and Info Edge (India) will make entry in the S&P BSE Sensex Next 50, while Cadila Healthcare, Dabur India, Glenmark Pharmaceuticals, UPL Ltd and Edelweiss Financial Services will be dropped from the index. The changes will be effective from Monday, December 23, 2019, Asia Index said. Apart from these, changes have been made in several indices including S&P BSE 500, S&P BSE 200 and S&P BSE
Here are the top news stories that made headlines today
The bank's stock has fallen 65% to Rs 64.15 a share, this year to date
Gross non-performing assets assessed by the Reserve Bank of India were $457 million higher than Yes Bank had disclosed as of March 31
Year to date, the stock of YES Bank has fallen 65 per cent to Rs 64.15 a share
After providing for in Q2, incremental gross NPA is Rs 2,018 cr; additional provision required is Rs 632 cr