Sound governance provides strong foundation for asset reconstruction companies: RBI
In his keynote address, M. Rajeshwar Rao highlighted that sound governance provides a strong foundation for the ARCs to build a robust business model.
In his keynote address, M. Rajeshwar Rao highlighted that sound governance provides a strong foundation for the ARCs to build a robust business model.
The Securities and Exchange Board of India (SEBI) has proposed allowing Indian mutual funds to invest in overseas mutual funds or unit trusts that in turn invest a portion of their funds in Indian securities.
Sensex opened higher at 73,711.31, and closed 253.31 points, or 0.34%, at 73,917.03. Nifty 50 opened higher at 22,415.25, and closed up 62.25 points, or 0.28%, at 22,466.10.
India equity indices were in red on Friday following muted global cues.
Nearly one out of five imported vehicles in South Korea were battery-powered ones in the January-April period despite slowing sales of electric vehicles (EVs) globally, industry data showed on Friday.
The financial services company last month raised Rs 50 crore in debt from Northern Arc Capital, one of the leading digital debt finance platforms. This was the sixth round of debt financing in 2021.
Nearly 200 existing and former employees with vested options are eligible to participate in this process.
The report, by re-commerce market-place Cashify, is based on a survey of nearly 4,000 people in the country.
"The result of the auction will be announced on the same day and settlement will take place on June 22, 2021 (Tuesday)."
During the week starting June 7, the unitholders of the six shut schemes of the Franklin Templeton Mutual Fund will get Rs 3,205.25 crore.