Capital markets regulator Sebi has reconstituted its Primary Market Advisory Committee (PMAC) that advises it on policy framework, development of initial public offerings and other such segments.

The panel, which is chaired by TV Mohandas Pai, chairman of the Manipal Global Education Services, has now 26 members. Earlier, the panel has 23 members, according to the Securities and Exchange Board of India (Sebi).

Air India Assets Holding Ltd (AIAHL) has raised another Rs 7,985 crore through the issue of bonds, and the proceeds will be utilised to repay Air India’s debt. This the third fund-raising in little over a month by the entity.

A special purpose vehicle of Air India, AIAHL has mopped up a total of Rs 21,985 crore by way of bond issues since September 16.

NEW DELHI : As two bank unions threaten to sit on a day-long bank strike against the merger of public sector banks, the State Bank of India (SBI) expects the impact to be minimal while the Bank of Baroda has warned customers that its operations could be paralysed.

IRCTC shares, which made a bumper debut on Monday, hit a new high today. Shares of the Railway company surged as much as 9% to a new high of ₹789.9. In latest trade, IRCTC shares were up 6% to ₹767 as compared to a 0.45% gain in Sensex. On Monday, IRCTC's share prices more than doubled as compared to its issue price of ₹320, the best debut since 2017.

NEW DELHI/MUMBAI: India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.

While film and TV certification bodies already moderate public content in India, the country's laws do not allow censorship of content on the increasingly popular online streaming platforms.

Equity benchmark BSE Sensex rose over 100 points in early trade on Friday amid led by gains in index heavyweights HDFC Bank and RIL amid sustained foreign fund inflow.

The 30-share index was trading 122.21 points, or 0.31 per cent, higher at 39,174.27 in morning trade. The broader NSE Nifty advance 32.30 points, or 0.28 per cent, to 11,618.65.

Shares of billionaire Mukesh Ambani-led Reliance Industries touched a fresh record high on Friday, propelling the firm’s market capitalisation to hit the crucial Rs 9 lakh crore mark. The rally in shares came ahead of the Q2 results scheduled to be reported today. Reliance Industries shares jumped by more than 2% to hit the day’s high at Rs 1,428. Reliance Industries market capitalisation has swollen to Rs 9.03 lakh crore, making it India’s most valuable firm by market capitalisation.

Kotak Mahindra Asset Management Company (AMC) and Axis Asset Management Company (AMC) on Thursday moved the Bombay High Court (HC) against beleaguered financier Dewan Housing Finance Corporation (DHFL). The move comes a week after the Bombay HC passed an ad-interim order restricting DHFL from making payments or disbursements to any secured or unsecured creditor till further orders.

The Telecom Regulatory Authority of India (Trai) is expected to give its views within two weeks over what should be the appropriate ring duration for mobile calls as operators have failed to arrive at a consensus on the thorny issue.

The authority was forced to intervene in the matter after Reliance Jio reduced the ringing time to 20 seconds from 45 seconds, which forced the incumbent operators to complain to Trai and even after several meetings, there was no unanimity on what should be the right duration.

Government think-tank NITI Aayog, along with the Institute of Competitiveness, on Thursday, released the India Innovation Index (III) 2019, the first of its kind. The list, which examines the innovation capabilities and performance of 29 states and seven union territories, lists Karnataka on top, followed by Tamil Nadu and Andhra Pradesh in the second and third positions.

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