Latest Stock Market News

The bonds will be allotted to certain eligible investors permitted to invest in NCDs under the applicable laws, it added.

"Defence will continue to be a theme for India as we try and bolster our military prowess, and the difference with the past is that there is a greater focus on indigenisation. So, India will want to make a lot of its defence equipment at home, and there will be big winners out of that."

The Nifty IT index closed 0.0 per cent at 38604.75.

A total of 161,100 shares changed hands on the counter till 02:05PM (IST)

Gland Pharma Ltd., incorporated in the year 1978, is a Small Cap company (having a market cap of Rs 60468.02 Crore) operating in Pharmaceuticals sector.

The board of directors of the company at its meeting held on January 12, 2022, have approved and recommended the issuance of fully paid-up bonus shares in the ratio of 1:1, out of its free reserves created out of profit, EaseMyTrip said in a statement.

The NCDs will be listed on the wholesale debt market segment of BSE Limited, the filing added.

The so-called embedded value of Life Insurance Corp. of India is likely to be more than 4 trillion rupees, and its market value could be about four times that amount, the people said, asking not to be identified as the discussions are private. Once the final report is in, the valuation the government is seeking could change.

The company’s board set 12 January as the record date as of which shareholders of 10 equity shares of Rs 1 face value in GIL will receive one equity share of Rs 5 face value in GPUIL.

Post conversion, the government would likely hold around 35.8 per cent of the total outstanding shares