The Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 75bps to 4.25% during the November meeting, the highest level since January 2009. The central bank move was the biggest rate hike in the central banks history, as it continues efforts to curb high inflation ahead of a three-month break. It was also the 9th straight increase, meaning that the OCR […]
VIL is raising the funds through equity convertible debt bonds with a coupon rate of 11.2% per annum payable every six months over the term of the bond.
Shares of Inox Green Energy Services were currently trading at Rs 62.45 at 10:13 IST on the BSE, representing a discount of 3.92% as compared to the issue price of Rs 65.
Life Insurance Corporation of India (LIC) disclosed that it increased its stake in JSW Steel to 6.874% from 4.863% earlier.
The price band of the offering was fixed in the range of Rs61 per equity share to Rs 65 per equity share.
The Mumbai-based airline has announced that starting on November 26, there would be two daily flights between Pune and Bengaluru, and starting on December 10, there will be a third flight on the route.
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