A finance ministry department has sent a memorandum
to Sebi chief Ajay Tyagi, asking him to withdraw a rule treating AT1 bonds (perpetuals) as having 100-year maturity, said multiple news
reports on Friday. "The clause on valuation is disruptive in nature," said the memorandum, reported Hindu Business Line.
Tesla Inc is exploring an arrangement with Indian conglomerate Tata Sons’ power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported
on Friday, citing sources.
Nazara Technologies, the homegrown gaming company backed by billionaire Rakesh Jhunjhunwala, will open
its initial public offering (IPO) on March 17, with the issue price fixed at Rs 1,100-1,101 a share. The offer closes March 19.
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