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Govt To Launch Fourth Tranche Of Bharat Bond ETF
The government will launch the fourth tranche of Bharat Bond ETF, India's first corporate bond exchange-traded fund, from Friday.
The new fund offer of the ETF will open on December 2 and close for subscription on December 8, Edelweiss Mutual Fund, which manages the fund, said in a statement on Thursday.
The funds raised would be utilised for undertaking capital expenditures by central public sector enterprises (CPSEs).
This new Bharat Bond ETF and Bharat Bond Fund of Fund (FOF) series will mature in April 2033.
Through the launch of this new series in the fourth tranche, the government proposes to raise an initial amount of Rs 1,000 crore with a green shoe option of Rs 4,000 crore.
In December last year, the government had launched the third tranche with a base issue size of Rs 1,000 crore. It was over-subscribed 6.2 times with bids worth Rs 6,200 crore coming in.
First Sylhet-Silchar Festival Celebrating Close Indo-Bangla Cultural Ties To Begin
The first Sylhet-Silchar Festival celebrating the close cultural ties between the neighbouring regions of India and Bangladesh will begin in Assam's Barak Valley on Friday, officials said.
Bangladesh Foreign Affairs Minister A K Abdul Momen will lead a delegation of around 75 members, which will include ministers, businessmen and cultural icons, to attend the two-day event, the neighbouring country's Assistant High Commissioner in Assam, Ruhul Amin, told PTI.
The festival, which aims at boosting bilateral relations between the two nations, is being organised by India Foundation under the aegis of the Union Ministry of Culture in association with the Bangladesh Foundation for Regional Studies.
The event will commemorate 75 years of India's Independence and 50th anniversary of Bangladesh's liberation from Pakistan, he said.
Silchar MP Rajdeep Roy, a key member of the organising committee, said that the event in the city will showcase the cuisine, arts, crafts, culture and local produce of the two regions which share close cultural ties.
Fire Breaks Out In Mumbai Godown. Eight People Injured
A fire broke out in a godown in Mumbai's Sewri area, 5 fire engines reached the spot on receiving info & controlled the fire. 8 people were injured & have been admitted to the nearest hospital for treatment.
Delhi Govt Schools To Remain Closed On Dec 3 For Preparations For MCD Polls
Government schools in Delhi to be closed on December 3, in view of preparations for the December 4 MCD elections.
Government schools in Delhi to be closed on December 3, in view of preparations for the December 4 MCD elections. pic.twitter.com/S6G4plzcgr
— ANI (@ANI) December 2, 2022
Breaking News LIVE: Goa Police Arrest Two People From Nepal In Russian Girl Rape Case
2 people from Nepal arrested for allegedly raping Russian woman in Goa: Police
— Press Trust of India (@PTI_News) December 2, 2022
Breaking News LIVE: JNU Asks All Its Centres To Install CCTV Cameras In Their Buildings Amid Wall Defacement Row
JNU wall defacement: In advisory, university asks all its centres to install CCTV cameras in their buildings
— Press Trust of India (@PTI_News) December 2, 2022
Breaking News LIVE: Looking Forward To Supporting My Friend PM Modi During India's G20 Presidency
Looking forward to supporting my friend Prime Minister Narendra Modi during India’s G20 presidency: US President Joe Biden
— Press Trust of India (@PTI_News) December 2, 2022
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