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“In the wake of the pandemic, when fiscal response resulted in a sharp increase in government borrowing, the market operations conducted by Reserve Bank not only ensured non-disruptive implementation of the borrowing programme, but also facilitated the stable and orderly evolution of the yield curve,” Das said.

T Rowe Price marks up valuation of Paytm by 16%

Updated at : 2021-09-01 07:20:01

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For the quarter ending March 2021, December 2020 and September 2020, Paytm shares were valued at around $255, recovering from the significant markdown in the June quarter last year.

RKS Family Trust today sold 147,552 shares of Libas Consumer Products at Rs. 61.6 apiece through a bulk deal on the National Stock Exchange.

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The company has decided to allot a total of 28,01,485 equity shares at Rs 610 apiece, garnering a total of Rs 170.89 crore from anchor investors, according to a circular uploaded on BSE website.

"Existing IAs who fail to seek membership of BASL within the aforesaid timeline shall be liable for appropriate action including suspension or cancellation of certificate of registration of such IAs," Sebi said.

TCS market-cap goes past Rs 14 lakh crore mark

Updated at : 2021-09-01 00:20:02

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Shares of Tata Consultancy Services (TCS) jumped 2.30 per cent to close at Rs 3,786.55 on the BSE on Tuesday.

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While the 24 per cent contraction in the June quarter of last year due to the national lockdown had a major role in the 20 per cent growth this time around, analysts were upbeat about the pickup in consumption and construction sectors during the June quarter.

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The company has decided to allocate a total of 1,06,61,41 equity shares to 29 anchor investors at Rs 531 apiece, aggregating the transaction size to Rs 566.12 crore , according to a circular uploaded on BSE website.

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The company reported a sales growth of 18.4 per cent with a net turnover of DKK (Danish Krone) 14.1 billion.

Indians have invested $1.53 billion in debt, equities and bank deposits through the LRS since the pandemic-induced lockdown in March 2020, the highest since 2004-05 when the window was introduced, data on outward remittances released by the central bank showed.

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