₹5,797 crore during the session.India is likely to skip selling sovereign green bonds this fiscal year as investors demand higher yields despite their eco-friendly label, said a senior government official.The earlier plans to issue ₹15,000-16,000 crore in green bonds during the second half of FY24 have been put on hold.“Green bonds haven’t provided any benefits yet. What is the point of issuing green bonds with so many conditions if it costs the same as other bonds," the person said.
“The companies, which have claimed to want to invest in green bonds, are not willing to make sacrifices on the yield front. We should see some yield benefits for the issue of green bonds.
But, this is not the case." (Read More)As of the end of June, the telecom subscriber count in the nation experienced a slight increase, reaching 1,173.89 million. This growth can be attributed to the influx of new customers primarily brought in by Reliance Jio, as stated by the Telecom Regulatory Authority of India (TRAI) on Thursday, August 22.
The expansion of the subscriber base was predominantly observed in the realm of mobile telephony, where Reliance Jio introduced more than 2.27 million new customers, while Bharti Airtel contributed an additional 1.4 million customers, as indicated by the provided data."The number of telephone subscribers in India increased from 1,172.57 million at the end of May-23 to 1,173.89 million at the end of June-23, thereby showing a monthly growth rate of 0.11 per cent," the TRAI said in its monthly subscriber report. (Read More)BPEA EQT on Thursday sold its entire 26.63% stake in Coforge Ltd (formerly NIIT Technologies) for ₹7,684 crore to multiple investors through bulk deals, leaving the software services firm without a
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