Briefly Business: ‘New gas pricing policy will apply uniformly to all’https://indianexpress.com/article/news-archive/web/briefly-business-new-gas-pricing-policy-will-apply-uniformly-to-all-2/

Briefly Business: ‘New gas pricing policy will apply uniformly to all’

Power producer NHPC’s first ever tax-free bonds issue worth Rs 1,000 crore will be open for subscription on October 18.

NHPC’s R1,000 cr tax-free bonds issue on Oct 18

new delhi: Power producer NHPC’s first ever tax-free bonds issue worth Rs 1,000 crore will be open for subscription on October 18. The public issue of “tax free,secured,redeemable,non-convertible bonds in the nature of debentures of face value of Rs 1,000 each” would amount to Rs 500 crore. PTI

IndusInd Bank net profit up 32% in Q2

Mumbai: IndusInd Bank posted a 32 per cent growth in net profit to Rs 330.23 crore for the quarter ended September 30. PTI

Norway orders review of $790 bn wealth fund

Oslo: Norway has ordered a review of its $790 billion wealth fund,one of the world’s biggest investors whose largesse helps underpin Norway’s generous social benefits,responding to concerns that the fund is unwieldy and its returns too low. Reuters

LIC HFL reduces home loan rates by 0.25%

Mumbai: Housing finance company LIC Housing Finance (LIC HFL) on Monday said it has reduced home loan rates by 0.25 per cent with effect from October 15. The new rates on home loans are applicable up to November 30. LIC HFL is also offering lower processing fee during the period,a company statement said. PTI

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