NE DELHI: Indian companies are selling record amounts of rupee bonds to individuals, tapping savers dissatisfied with deposit rates at decade lows. Debt offerings to the public by companies surged to 239 billion rupees (US$3.6 billion) in the seven months from April through last month, up sixfold from the year-earlier period and the fastest pace on record, Securities & Exchange Board of India data showed. About 94 percent of the 239 billion rupees raised through the public market in the April to October period was by first time issuers.
Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m
HYDERABAD: Collectorate of Customs (Enforcement), Hyderabad, has significantly intensified its anti-smuggling campaign, conducting a series of successful intelligence-based operations that...
