Analysts said selling in the counter intensified after reports that the promoter firm intends to offload stake via block deals.
At least 35 real estate companies were willing to accept up to 80 per cent of the transaction value in cash, the sting operation showed.
In the Union Budget 2014-15 the government had said that “banks will be encouraged to extend long term loans to infrastructure sector…”.
The revised policy provides for the exit of private developers of projects awarded both before and after 2009.
The Plan finance division in the department of expenditure has been filling in for the Planning Commission whenever required.
Tata Mutual Fund has an ethical fund which invests in a diversified equity portfolio based on principles of Shariah.
Resolution to boost production by 250 mn barrels of crude a year.
Protesting outside Jeff Bezos’ company is a 43-year-old second-generation immigrant Kivin Varghese.
These costs, however, do not include interest costs and staff salaries.
Shares in the carrier were down 2.37 per cent by 3:45 p.m. following the statement, against a 0.58 per cent rise in the Sensex and erasing some of Friday’s gains.
Two sides likely to announce key policies today.
The RBI said banks should not take undue advantage of customer difficulty or inattention.
Sectorally, bad loans in small and medium industries saw a sharp jump at 7.18 per cent in September 2014.
Department of financial services secretary, Hasmukh Adhia, also asked banks to encourage solar and non-conventional energy.
The fall in the Sensex also impacted the rupee sentiment.