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Stocks to Watch: Bharti Airtel, Indiabulls HFC, Ashok Leyland, DHFL, RailTel Top 10 stocks that could be in news today. (Photo: iStock)Premium 1 min read Share Via Read Full Story Bharti Airtel: The telecom operator will conduct an extraordinary general meeting 19 March to seek the approval of board members on the proposal of issuance of equity shares of the company on preferential basis through special resolution. The company had raised $1.25 billion overseas, it said on Thursday. Indiabulls Housing Finance Ltd: The company has issued foreign currency convertible bonds, it's first such issua...

Maharashtra: Covid testing in Nagpur tripled amid surge in cases, says minister A health worker collects swab samples from a man at the COVID19 testing center (ANI)Premium Nagpur had on Thursday recorded 1,116 fresh cases of coronavirus and 13 more casualties Share Via Read Full Story Amid massive spurt in novel coronavirus cases across Maharashtra, Nagpur district's Covid-19 testing has tripled to over 10,000 tests per day, according to a minister. Addressing the media after a review meeting with district officials, Maharashtra minister Nitin Raut said there are 1,769 oxygen beds, 684 ICU a...

India Q3 GDP: Five things to watch out for Premium The ratio of currency in circulation to GDP takes into account the size of the Indian economy. 2 min read Share Via Read Full Story NEW DELHI: The Indian economy, devastated by the coronavirus pandemic, is expected to have returned to growth trajectory in the December quarte, data for which will be released by the National Statistical Office (NSO) later on Friday. In the June quarter, India's GDP growth contracted for the first time in more than 40 years by a massive 23.9%, as the government announced a nationwide lockdown to contain the spre...

RailTel Corp shares list at a premium, up over 20% RailTel is a central public sector enterprise under the administrative control of the Ministry of Railway.Premium 1 min read IRCTC shares were also trading higher Share Via Read Full Story Shares of RailTel listed at a premium on exchanges today. At 10:27 am, shares were up 20% at ₹115 as compared to issue price of ₹94. The IPO of RailTel was subscribed over 42 times and it had a price range of ₹93-94 per share. The ₹819 crore IPO of RailTel was open between February 16 and February 18. The government sold 27.16% stake in this is...

IIFL Finance to raise up to ₹1,000 crore through NCDs According to IIFL Finance, this rate of 10.03% will be locked in for 87 months and is thus provide an advantage against interest rate fluctuations in future.Premium 1 min read Share Via Read Full Story Mumbai: Non-bank lender IIFL Finance on Friday said it will open a public issue of bonds on 3 March 2021, to raise up to ₹1,000 crore, to fund business growth and bolster its capital position. The Fairfax and CDC Group backed IIFL Finance will issue unsecured redeemable non-convertible debentures (NCDs), aggregating to ₹100 crore, w...