Non-convertible debentures (NCDs) are fixed income securities that is listed with stock exchanges, like BSE and NSE in India.
The valuation of the company was estimated to be up to $3 billion.
The portfolio consisted of total loan amount of Rs 341 crore.
The 3 entities that will be merged in it are L&T Finance Limited, L&T Infra Credit Limited, and L&T Mutual Fund Trustee Limited.
Airtel has removed the data usage cap on all existing plans.
The company has acquired turnkey contracts for the development of more than 365 kilometers of 765kV double-circuit transmission lines.
Banking stocks may remain under selling pressure this week.

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