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 all-new unique programme was unveiled in partnership with Hyderabad-based innovation intermediary and business incubator 'T-Hub'.
The net profit for January-March stood at Rs 22 crore.
Before Saturday's price hold, fuel prices increased on Monday, Wednesday and Friday this week. Petrol and diesel prices also increased on four days last week.
Adani has lost over $12 billion in just four days after concerns over FPI ownership.
The PMC Bank had received binding offers from certain investors for its reconstruction, in response to the EOI dated November 3, 2020 floated by the bank.
