Markets regulator Sebi will soon issue detailed guidelines on the creation of segregated portfolio or side-pocketing for debt and money market instruments. The Securities and Exchange Board of India (Sebi) also asked fund houses to strengthen their in-house credit risk assessment system instead of completely depending on rating agencies.

The Centre will likely sell 3-5% stake in NTPC soon through the offer-for-sale (OFS) route to garner between Rs 3,500-6,000 crore. The roadshow for OFS was held on November 21-22 in Mumbai to gauge the investor appetite, an official said.

The share price of NTPC has been on the upswing for last few days partly due to its acquisition of the 720 MW Barauni Thermal Power Station from Bihar State Power Generation Company.

A 700 mw solar tender floated by Gujarat Urja Vikas Nigam has triggered widespread responses from a host of global as well as local players aggregating 1,750 mw, which would well be a sign of renewal of interests among investors amid some severe headwinds affecting domestic solar energy sector.

The Indian Space Research Organisation (ISRO) will on Wednesday launch the country's newest satellite GSAT-7A from the second launch pad of Sathish Dhawan Space Centre in Andhra Pradesh's Sriharikota.

It is believed that the 2,250-kilogram geostationary communication satellite will give a boost to the Defence forces' communication capabilities. It is scheduled for launch today at 4.10 pm.

Yes Bank has recommended the name of its board member Brahm Dutt for the post of Chairman to the RBI, according to sources. The Chairman post fell vacant after the resignation of Ashok Chawla in November following issues related to probity. “The bank has sent the name of Dutt to the Reserve Bank for the Chairman post,” a source said Tuesday.

Air India offer: India’s national carrier Air India has announced ‘Night Flights’ offer, using which flyers can book flights for as low as Rs 1,379 (all-inclusive). “Night Flights, beat peak rush hour at attractive fares,” the air carrier said on its website. The customers can book Ahmedabad-Bengaluru late night flight (departure time: 0305; arrival time: 0525) for Rs 1,379. Other attractively priced routes include from Delhi to Coimbatore (departure time: 2115;

World’s largest oil exporter Saudi Arabia and richest Indian Mukesh Ambani-run Reliance Industries are discussing joint investment in petrochemicals and refinery projects, the Saudi Oil Minister Khalid al-Falih said. Al-Falih, who has known Ambani for over a decade now, travelled to Udaipur earlier this month to attend the pre-wedding festivities of Ambani’s daughter Isha’s marriage with Ajay Piramal’s son Anand.

Mumbai: In the lead up to the Lok Sabha and the state assembly elections next year, Prime Minister Narendra Modi on Tuesday will launch infrastructure and housing projects worth around Rs 41,000 crore in the state.

Modi, who will be in the state, will lay the foundation stone for Thane-Bhiwandi-Kalyan metro 5 and Dahisar-Mira Bhayander metro-9 in Kalyan in the neighbouring Thane district.

Mumbai: State Bank of India (SBI) is looking to buy out Canara Bank’s loans of about ₹400 crore in Ratnagiri Gas and Power Pvt. Ltd (), the erstwhile Dabhol Power Co., said two people in the know. This is expected to be the first resolution under the inter-creditor agreement (ICA), which is part of the government’s Project Sashakt aimed at resolving bad loans.

Shares of NTPC Ltd and Power Grid Corp. of India Ltd gained 1.7% and 3.7% on Monday after the sector regulator proposed continuation of current incentives. In a positive surprise, the draft note from the Central Electricity Regulatory Commission (CERC) suggests continuation of the 15.5% regulated return on equity (RoE) for generation and transmission companies.

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