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Transport Corporation of India Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 5930.67 Crore) operating in Logistics sector.

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The weighted average rate in the interbank call market, where banks lend and borrow among one another, was at 5.61% on Monday versus 5.17% last Thursday and 5.20% Friday, reflecting a surge of nearly half a percentage point.

NPCI pings govt, industry on UPI market share cap

Updated at : 2022-09-20 08:20:01

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​This follows a formal request from digital payments firm PhonePe to defer the January 2023 deadline by at least three years, they said. Google Pay has also had consultations with NPCI regarding an extension, a person briefed on the matter said.

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In the case of Rainbow Papers, a revised bid has already been finalised. Local valuation firm Kakode and Associates (K&A) replaced a multinational audit and accountancy firm and has used the two-year discounting method which entailed lesser expenses versus five-year discounting, said the person cited above. K&A did not reply to an email seeking comment.

The flagship company of the Adani Group, Adani Enterprises, has raised Rs 100 crore by allotment of 1,000 non-convertible debentures of face value of Rs 10 lakh each on a private placement basis.

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The dollar rose against major currencies on Monday ahead of a slew of central bank meetings this week led by the U.S. Federal Reserve, which is likely to raise interest rates by another 75 basis points to tackle inflation.

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The dollar eased 0.15% to 142.96 yen, continuing a week-long consolidation following two attempts at 145 this month that took it as high as 144.99 on Sept. 7 for the first time in 24 years. The dollar-yen currency pair tends to track the long-term yield spread between U.S. and Japanese government bonds.

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Now, even the calendar is against anyone looking to buy equities. This is the weakest month for the S&P 500 Index in data going back to the 1950s, and it’s already down more than 2%.

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SSE is a novel concept in India and such a bourse is meant to serve the private and non-profit sectors by channelling greater capital to them. The idea of SSE was first floated by Finance Minister Nirmala Sitharaman in her Budget speech for the financial year 2019-20.

"Depositories, prior to executing actual transfer of the securities for pay-in from client demat account to TM Pool account, shall validate the transfer instruction received through any of the available channels for the purpose of pay-in,

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