The crippled IL&FS - which is under bankruptcy proceedings in NCLT - said the sale will reduce its overall debt by Rs 1,200 crore, which is the combined debt of entities under the group's environment businesses

Shares of Reliance, SBI, Future Retail, Dalmia Bharat, Vedanta, SBI Cards will be in focus in Monday's trading session

NHAI and the Ministry of Road Transport and Highways (MoRTH) have settled aggregate IL&FS claims of over Rs 1,804 crore across six road projects, including KNCEL and CTNL

The stake is sold to China Merchants & PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd (PingAn), a fund jointly owned by PingAn Insurance and China Merchants, a release from IL&FS Group said

RIL and BP Exploration Alpha Ltd are currently producing and developing deep water gas fields in the KG D6 block under the production sharing contract with the Indian government.

These debt index funds will broadly invest in government securities, State Development Loans (SDLs), AAA rated PSU bonds and treasury bills. Currently, Edelweiss Mutual Fund, Nippon AMC and IDFC Mutual Fund have launched their passive debt funds

Debt mutual funds or ETFs are considered safe, but choosing the right one is complex. As investors lost faith in debt MFs after the credit crisis in IL&FS and DHFL, followed by Franklin Templeton closing six debt MF schemes, leaving investors in lurch, the industry has taken initiatives to launch safer debt products with negligible credit risk. In this video, Mrin Agarwal, registered investor advisor and founder of Finsafe India simplifies debt investment space from a retail investor's point of view and discusses why choosing the right category holds prime importance. MORE VIDEOS: 3x return in 2 years! This 24-year-old just made a killingMinting money on Dalal Street: What draws women to stock investing

Shares of Dalmia Bharat surged 11.15 per cent to hit 52-week high of Rs 1,690.60 on the BSE after the Supreme Court ordered restoration of mutual fund units to Dalmia Bharat Group

Engineering giant L&T and technology majors Wipro and HCL Technologies have parked fund in HDFC Bank's consumer finance NBFC - HDB Financial Services

Upstox will share the space as BCCI's official partners with firms like Tata Motors, Unacademy, Dream11, and Cred ahead of the IPL 2021 season

Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers

Stocks to watch today on February 22: Jet Airways, PNB Housing, Karnataka Bank, Axis Bank, Inox Leisure among others are the top stocks to watch out for in Monday's trading session

IndusInd Bank said that the warrants were converted at a price of Rs 1,709 per share reflecting a premium of 65 per cent over Wednesday's closing price of Rs 1,032.60

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

The new regulations call for a new approach to regulatory framework. The RBI has said that large NBFCs based on balance sheet size or business model (riskier business) would be put in an upper layer which will have a new regulatory supervisory framework

Being prudent, adhering to strong governance practices and focusing on long-term growth are critical

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

The stakes are high for billionaire Ajay Piramal, who has bigger financial services ambitions. In the past, Piramal's big strategic moves like Shriram Group stake and merger proposal with IL&FS and IDFC Bank didn't fructify

Justice Prateek Jalan passed the order on a plea by erstwhile directors of the three companies challenging a 2016 circular of the Reserve Bank of India (RBI) regarding declaration of accounts as fraud by banks

Investigation under PMLA reveals there was a well-planned conspiracy to defraud IL&FS and Indian banks by Jaimin Vyas in connivance with officials of IL&FS and one Chinese EPC Contractor SEPCO III