Cogencis

Deep Dives Informist, Monday, Aug 19, 2024 By Sachi Pandey MUMBAI – After a sluggish first quarter, fundraising through the private placement of corporate bonds saw a significant uptick in July. State-owned banks and public sector entities led the charge, taking advantage of falling borrowing costs, according to industry experts.

Exclusives Informist, Monday, Aug 19, 2024 --Govt official: May form panel on Hindenburg claims against SEBI Buch --Govt official: Panel on Hindenburg claims may include SEBI officials By Priyasmita Dutta NEW DELHI - The finance ministry is mulling over setting up a panel with representation from the Securities and Exchange Board of India and the government to independently look into the allegations made by Hindenburg Research against SEBI Chairperson Madhabi Puri Buch, a senior ministry...

Others New Delhi, Aug 16 (PTI) The Union Cabinet on Friday approved five infrastructure projects to boost connectivity within cities through metro rail in Karnataka and assembly poll-bound Maharashtra and improving air connectivity to Bihar and north West Bengal.

Others New Delhi, Aug 17 (PTI) India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF's First Deputy Managing Director Gita Gopinath on Saturday. During the meeting, Gopinath congratulated the Finance Minister on policy continuity in the fiscal consolidation path being followed by the Government of India. "FM Smt.

Others Mumbai, Aug 15 (PTI) India's textiles and apparel exports in July grew by 4.73 per cent to USD 2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels, the Confederation of Indian Textile Industry (CITI) said on Thursday. Textiles and apparel exports stood at USD 2,805.01 million in July 2023, CITI said.

Exclusives Informist, Friday, Aug 16, 2024 --Source: Coal India mulls passing on older royalty cost to consumers --Source: Coal India to hold meetings with power cos over old royalty --CONTEXT: Coal India contingent liability for royalty 36 bln rupees By Avishek Rakshit KOLKATA – Coal India Ltd is considering passing the retrospective royalty on coal, fully or partly, to its consumers from the power, cement, and steel sectors as the world's largest miner is suddenly faced with a financial...

Exclusives Informist, Friday, Aug 16, 2024 By Sachi Pandey MUMBAI – The country's largest lender, State Bank of India, is likely to raise funds through perpetual debt next month, sources in the know told Informist. These could be the first Basel-III compliant additional tier-I bond issuance by SBI in the current financial year. The bank is likely to raise at least 70 bln rupees through perpetual bonds, one of the sources said.

Informist Poll Informist, Wednesday, Aug 14, 2024 By Anjana Therese Antony MUMBAI – Renewed uncertainties on the global front could keep the Nifty 50 index under pressure during the remaining part of August, even as strong domestic inflows into Indian shares due to robust long-term macroeconomic fundamentals could keep losses limited, according to analysts.

Exclusives Informist, Monday, Aug 12, 2024 By Avishek Rakshit KOLKATA – Berger Paints India Ltd expects to report a 10% year-on-year growth in volume in the ongoing quarter on the back of price increases undertaken in July and August, and anticipates around 5% improvement in its topline, Managing Director and Chief Executive Officer Abhijit Roy said.

Others New Delhi, Aug 9 (PTI) The Centre on Friday said it is committed to reduce logistics constraints that obstruct efficient coal transportation. The coal ministry is working closely with the Ministry of Railways, states and various agencies to address and resolve issues that affect the timely progress of infrastructure projects.