BSE includes Dabur India in S&P BSE Carbonex index
BSE has included Dabur India in the S&P BSE Carbonex, the first of its kind index in the country that recognises companies that are committed to climate change mitigation. Dabur's inclusion in the index is an acknowledgement of the company's ongoing initiatives in sustainability.
Yuan hits record high on strong central bank fixing
China's yuan hit a record high on Monday, as traders say authorities are guiding the yuan stronger in the final days of the year to achieve a pre-determined yearly appreciation target. Spot yuan changed hands at 6.0641 per dollar at midday, 0.07% stronger than Friday's close, after touching an all-time high of 6.0637 earlier in the morning.
Manappuram Finance issues R100-cr NCDs
Manappuram Finance launched a public issue of secured and redeemable NCDs with an issue size of R100 crore. The issue will have a green shoe option of an equal amount, VP Nandakumar, MD-CEO, said. The tenure of the debentures, with face value of R1,000, would range from 400 days to 70 months, he said.
NHBs tax-free bonds fully subscribed on day 1
National Housing Banks (NHB) public issue of tax-free bonds was fully subscribed on its opening day on Monday. NHBs issue managed to raise R4,366 crore against the green shoe option of R2100 crore via its public issue of tax-free bonds, said Ajay Manglunia, senior vice-president at Edelweiss Capital.
RBI extends deadline for CPI-linked bonds
RBI on Monday extended the deadline for the issuance of the consumer price index (CPI) linked bonds to March 31 from the earlier December 31. The rate on these bonds would be linked to the CPI. The interest rate would comprise two parts a fixed rate of 1.5% per annum and inflation rate based on CPI with a lag of three months.
Sebi slaps R20-lakh fine on Angel Broking
Sebi imposed a penalty of R20 lakh on Angel Broking for alleged violations of stock broker norms and fraudulent dealings in shares of Sterling Green Woods. Sebi imposed a fine of R10 lakh on Angel Infin, an Angel Broking client, for violations of Prohibition of Fraudulent and Unfair Trade Practice regulations.