Sebi has relaxed norms for ‘Muni Bonds’ issuance to help smart cities as well as entities working in areas of city planning and urban development work, including municipalities, raise funds through debt securities.

The decision comes after the board of Securities and Exchange Board of India (Sebi) approved norms in this regard in August.

Maruti Suzuki India ltd, the country’s largest vehicle manufacturer, on Monday launched its new entry-level hatchback S-Presso, at a price range of ₹3.69 lakh to ₹4.91 lakh. With muted sales over the last one year, the company will bank on the new product to revive its fortunes during the festival period and beyond.

Mumbai: Renewable energy generation fell 20% in August despite a notable expansion in capacity. This was the biggest monthly fall in at least three years, according to an analysis by SBICAP Securities Ltd.

Ahead of the festive season, Tata Motors is offering heavy discounts on wide range of models. Under the 'Festival of cars' programme, the company is giving benefits of up to ₹1.5 lakh on models including Tata Harrier, Nexon, Hexa, Tiago and Tigor.

New Delhi: Yes Bank shares nosedived almost 14% on Monday even after the Reserve Bank of India (RBI) gave its nod to raise capital. At 12:30 pm, shares of Yes Bank were trading at ₹42 down 13.93% on BSE. The stock had touched its 52-week low at ₹41.50 on Monday morning. On NSE, the stock was down 13.85%.

Investors in Cipla Ltd’s stock have been seeing its value erode to a 52-week low from its 52-week high levels, with the stock tumbling 36% in the past one year. News that the US Food and Drug Administration has made some further observations on Cipla’s Goa plant has further compounded the company’s woes. So far today, the stock has shed 4.1% in trade.

NEW DELHI : Air India is offering 25% discount on its 'Ghumo India Family'. Air India's latest offer is with a view to promote heritage sites and prominent tourist destinations in India, where families travelling together will get discounted tickets, the carrier mentioned on its website. Here is all you need to know about Air India 'Ghumo India Family' offer.

ITC Ltd, whose mainstay is the cigarettes business, has been one of the biggest beneficiaries of the cut in corporate tax rates. Since the tax rates were slashed, the stock is up 7%. But investors want more. That’s because, despite the recent appreciation in the share price, the ITC stock has lagged so far in FY20.

Mumbai: Benchmark equity indices fell another 300 points on Monday, led by a fall in shares of private banks and steel companies. Investors exercised caution ahead of the release of the government’s borrowing plan for the second half of the fiscal year and fiscal deficit data, due later in the day.

Analysts are upbeat on the Rs 645-crore initial public offer of the state-owned Indian Railway Catering and Tourism Corporation (IRCTC), which opens for subscription today, on account of the company's growth potential and attractive offer price.

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