In a regulatory filing, the company said FCCBs will be unsecured and will have ultra-low cost interest of 5% per annum with a long maturity of 10 years.
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL
Indian markets rebounded on Wednesday after a two-day decline. The BSE Sensex gained 450 points, while Nifty50 closed above 23,200. FMCG, consumer durables, and realty
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