Reserve Bank on Tuesday allowed Indian corporates to raise funds from overseas market in rupee denominated bonds, a move finance minister Arun Jaitley said will provide additional source of funding and boost investment in the economy.
Posts tagged MC
Rupee denominated overseas bonds to boost investment: FM (29-09-2015)
Govt likely to rework small savings rate formula (29-09-2015)
The Finance Ministry on Tuesday said the interest rate on small savings like PPF and post office deposits will be reviewed, but interest of small savers will be taken into account while doing so.
Volkswagen to refit cars affected by emissions scandal (29-09-2015)
New Chief Executive Matthias Mueller said the German carmaker would ask customers “in the next few days” to have diesel vehicles that contained illegal software refitted, a move which some analysts have said could cost more than USD 6.5 billion.
SC to hear tomorrow Castleton Inv case against MAT levy (29-09-2015)
The decision in the case assumes significance with the government announcing its decision to amend the Income Tax Act to exempt foreign portfolio investors (FPIs) and foreign companies from MAT.
Maruti Suzuki offers discounts up to Rs 1 lakh on the S-Cross (29-09-2015)
Maruti Suzuki offers discounts up to Rs 1 lakh on the S-Cross
Paytm says Alibaba invests in co, to expand payments biz (29-09-2015)
Leading Chinese etailer Alibaba has invested in online wallet and ecommerce firm Paytm, the firm’s CFO and VP – Business Amit Sinha confirmed to CNBC-TV18, adding that Alibaba and its affiliate Alipay are now “one of the largest” shareholders in the company.
RBI cuts repo rate by 50bp; but cautious on inflation:Angel (29-09-2015)
Angel Broking has come out with its review on Monetary Policy. “RBI cuts repo rate by 50bp; but cautious on inflation”, says the report.
Monetary Policy likely to pause ahead: Emkay (29-09-2015)
Emkay has come out with its report on RBI Monetary Policy. “Surprise 50bps rate cut, but likely pause ahead”, says the report.
Buy Voltas; target of Rs 350: Motilal Oswal (29-09-2015)
Motilal Oswal is bullish on Voltas and has recommended buy buy on the stock with a target price of Rs 350 in its research report dated September 28, 2015.
Bankers explain why their rates don’t fall as fast as RBI’s (29-09-2015)
The hot-button issue of transmission of interest rate cuts is a much discussed issue in financial circles.