The issue price of Rs 4 per equity share is at a discount of Rs 0.10 or 4.52 per cent to the floor price of Rs 4.20, determined according to the SEBI's regulatory formulation.
According to Nomura's Composite Leading Index, some growth consolidation is likely in the Oct-Dec quarter, followed by a sharp recovery in Q1 2018 due to ongoing remonetisation and improving global demand.
National News-PM Narendra Modi inaugurates Indian Oil Corporation's Rs 34,555-crore Paradip refineryPrime Minister Narendra Modi today dedicated to the nation Indian Oil Corp's Rs 34,555 crore refinery here, that has helped the state-owned firm overtake
Mumbai: With the US Fed reiterating its resolve to break from the seven-year of near zero interest rates this year, Japanese brokerage Nomura today said India does not have to worry much about its impact
I consciously avoided choosing “populist course”: PM ModiPrime Minister Narendra Modi has said that he has consciously avoided choosing a “populist course” and had instead opted for a “more difficult path” of correcting the defective
Mumbai: Foreign direct investment is likely to have hit high of $34.9 billion in financial year 2015, a massive 61.6% jump from $21.6 billion in the previous fiscal, according to a report by Japanese brokerage
“Marriage is not a disabler, one should take it as enabler…to do newer things”, says Priyanka Khurana Goyal, title-holder of Mrs India Queen of Substance 2015.The charming and poignant lady says that in order to
Mumbai: With the second surprise 25 bps repo rate cut by the Reserve Bank of India (RBI) on March 4, the policy rates have reached neutral and the average policy rate over the next three
New Delhi: Macro economic environment in India is expected to improve further and drive the BSE index, Sensex, to 33,500 by December-end, says a Nomura report.The Japanese brokerage firm said its bullish stance on the
New Delhi: A gradual recovery is underway for the Indian economy and the country is expected to clock a GDP growth of 5.5 per cent in the current fiscal and 6.6 per cent in FY16,
New Delhi: Global financial services major Nomura today revised upwards India's GDP growth forecast for this fiscal to 6 per cent from 5 per cent earlier amid a pick-up in private consumption, investment and export
New Delhi: Amtek Auto surged as much as 19.3 per cent to a six-year high of Rs 264.90 on Friday, after Nomura initiates coverage on the stock with a "buy" rating and a target price
Mumbai: Union Oil Minister Veerappa Moily today expressed confidence that diesel prices would be completely deregulated in the next two months.“We still hope that in the days to come and within a couple of months,
Mumbai: Japanese brokerage Nomura today said the Reserve Bank committee on monetary policy framework may declare ensuring price stability as the prime objective of the central banks' policy.“We expect the committee to recommend a move
Mumbai: With fiscal deficit widening to 84.4 per cent of the budgeted target in the first seven months and the revenue collection falling way below the target, the government will have to undertake more austerity
Mumbai, July 21: Japanese brokerage Nomura has revised downward the country's GDP forecast for this fiscal to 5 per cent from 5.6 earlier, saying the rupee fall and the lingering forex volatility leaves little room
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