Shares of Ingersoll-Rand (India) turn ex-dividend today, 18 November 2015, for interim dividend of Rs 3 per share for the year ending 31 March 2016. The ratings continue to factor in the majority Government of India (GOI) shareholding in the bank and that GOI continue to provide support to all the public sector banks, Crisil said.
The revision in the ratings assigned to the bonds is due to continued deterioration in asset quality of IOB in the six months ended 30 September 2015. Indian Overseas Bank (IOB) after market hours yesterday, 17 November 2015 said that credit rating agency Crisil has revised downwards its ratings for lower tier II bonds, upper tier II bonds and Basel II compliant tier I perpetual bond issues of IOB. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company has passed resolutions at its Board of Directors and shareholders' level for allocating the sub limits for the purchase of its equity shares by RFPI/FII/QFIs/NRI/PIOs. The Reserve Bank of India yesterday, 17 November 2015 notified that Registered Foreign Portfolios Investors (RFPIs)/Foreign Institutional Investors (FIIs)/Qualified Foreign Investors (QFIs) can now invest up to 12% and Non Resident Indians (NRIs)/ Persons of Indian Origin (PIO) up to 2% of the paid up capital of Pipavav Defence and Offshore Engineering under the Portfolio Investment Scheme (PIS). Pipavav Defence and Offshore Engineering will be in focus. Mahindra Lifespace Developers after market hours yesterday, 17 November 2015 said it has acquired a land parcel in Palghar district of Maharashtra admeasuring 85,000 square meters for residential development.
0 kommentar(er)
