The infrastructurecrore focused lender had previously raised 5,000 through CBDT-notified zerocoupon bonds on September 30 this year, offering an effective yield of 6.25 per cent per annum. The issue saw an overwhelming demand, with the bonds being oversubscribed by nearly seven times the issue size of ₹5,000 crore.
Diese Geschichte stammt aus der November 11, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der November 11, 2024-Ausgabe von Business Standard.
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PhonePe eyes replicating UPI success via diversification
Fintech major PhonePe is strengthening its presence across key financial verticals—payments, lending, insurance, and wealth management—as it aims to replicate its success in the Unified Payments Interface (UPI) space across other domains.
Akasa Air seeks DGCA exemption from fog mandate
Akasa Air has asked the Directorate General of Civil Aviation (DGCA) to exempt it from deploying CAT-III trained pilots on flights to and from two major fog-affected airports, Kolkata and Bengaluru, for specific periods, since there is a shortage of such pilots in its roster, sources told Business Standard.
Hope govt brings down tax burden on aerated beverage category: IBA
The Indian Beverage Association (IBA) on Wednesday said it is hopeful that the 12 per cent cess on the carbonated beverages category is waived off in 2026, bringing down the tax on the category to 28 per cent.
Hero rides sub-₹1 lakh e2W wave with Vida V2
Competition heats up in this space
Paints not a commodity play; brand plays a key role
Competition is intensifying in the decorative paints segment. Berger Paints India, the country's second-largest paint manufacturer, plans to hold on to its share in the face of challenges. Abhijit Roy, managing director and chief executive officer of Berger, spoke to Ishita Ayan Dutt in Kolkata about his 100-year-old company's plans and why price is \"not the only game in town\" in the industry. Edited excerpts:
42 and counting: Dhoni top scorer on the brand pitch
At 43, Mahendra Singh Dhoni remains the crown jewel of Indian brand endorsements, defying the twilight of his cricketing career.
Sebi: Not mandatory for specified digital platforms to register
The Securities and Exchange Board of India (Sebi) on Wednesday clarified that specified digital platforms (SDPs) are not required to register with the market regulator.
Charging up at Honda: Elevate-like EV for FY27 rollout
Honda Cars India (HCIL) plans to launch three new models in India in 2026-27 (FY27), including its first electric car (e-car), President and Chief Executive Officer (CEO) Takuya Tsumura told Business Standard on Wednesday.
Israel looking for collaboration with India Inc, startups
As Israel and India work on deepening their trade relations, a high-profile delegation of Israeli chief executives, led by that country's economy and industry minister, Nir Barkat, is scheduled to visit India in January.
Direct plans make up 40% of SIPs now
Online investment platforms are rapidly reshaping the mutual fund (MF) distribution landscape.
