A meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value Rs 10 lakh each, aggregating up to Rs 500 crore
Read more about Stocks to watch: Tata Motors, Bata India, SAIL, MMTC, Reliance Power on Business Standard. The board of MMTC has approved the debt restructuring scheme of the state-owned company which envisages settlement of dues out of the disinvestment proceeds of the Neelachal Ispat Nigam Limited (NINL)
Read more about Tata Motors trades higher for 6th straight day, hits over 3-year high on Business Standard. Tata Motors is India s largest commercial vehicle company and fourth-largest passenger vehicle (PV) player