Yes Bank, Heromotocorp down - Yes Bank, NTPC, ONGC are among the biggest losers, slumping up to 2%. The government has approved 100% Foreign Direct Investment (FDI) through the automatic route in coal mining, its sale and all its associated infrastructure. The government has also approved 100 percent FDI through the direct route in contract manufacturing, said Commerce Minister Piyush Goyal at the Cabinet briefing yesterday. Indiabulls Housing Hits Over Four-Year Low - Indiabulls Housing Hits Over Four-Year Low Shares of the non-banking lender slumped close to 8 percent to Rs 420.80 each, its lowest level since December 2014. Indiabulls Housing Finance to be excluded from Nifty 50 Index with effect from Sept. 27 and will be replaced by Nestle India, according to a statement from the exchange. Also, the company’s board approved raising non-convertible debentures up to Rs 1,50,000 crore. MARKET ALERT | 1. India 10-year bond yield opens at 6.57%, unchanged from th...
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