Moody's Investors Service has assigned Baa3 rating to state-run REC's proposed senior unsecured notes, issued under its USD 3 billion medium term note program.
MSCI strongly suggested that India’s three main stock exchanges reconsider their anti-competitive measures that restrict the accessibility of the Indian equity market.
FIA said it will seek discussion with Indian exchanges about their decision to stop trading of indices on Singapore and other foreign exchanges.
SGX fell 8%, on concerns its earnings will be hurt after an unexpected move by India’s three main bourses to stop licensing products and data to foreign exchanges.
Singapore Exchange said its entire India suite of products, including Nifty, will open and operate per normal on Monday.
TRANSPORT CORPORATION OF INDIA
Acquired New ship to enhance capacity in West Coast of India for Rs 48.8cr
TCI Seaways already has an existing capacity of 5 ships with a DWT @37360
The new ship is with a DWT 26262 and can hold 766 containers
Each container will be carrying capacity of 30 tonnes
QIP Opens Today; Floor Price Set At Rs 227.15/Share
INFRA STOCKS IN FOCUS
Infra to bid for Rs 190 bn UP road project
A total of 12 firms are eligible for bidding
According to sources, the financial bid of these companies would be opened next week, probably on March 28
Reliance, PNC Infratech, NCC), L&T, BSCPL Infrastructure (formerly B Seenaiah & Company (Projects)), Sadbhav Engineering, Oriental Structural Engineers, Ashoka Buildcon, KNR Constructions, Apco Infratech, Gayatri Projects, Afcons Infrastructure have been found eligible for financial bids
A consortium led by State Bank of India (SBI) would give a credit line of Rs 150 billion for the project
Business Standard Reports
Lowest bidder for 2 Projects in NH 753J worth Rs 448 Cr
IndiGo- Qatar to make joint bid for Air India
Indigo said its first priority would be to buy the overseas flights of Air India
Acquiring Air India will lead to a majority market share of more than 50%
Financial Express Reports