L&T debt private placement touches Rs 205 crore
Larsen & Toubro (L&T) is on a quiet prowl for debt-raising. The engineering and construction giant has mopped up Rs 55 crore through the issue of secured redeemable non-convertible debentures. With this debenture allotment, which was completed last week, the diversified conglomerate has already raised Rs 205 crore through private placement of debt.

SHCIL to fix 125% collateral for stock lending
The Stock Holding Corporation of India (SHCIL), a registered intermediary for stock lending, has decided to fix a collateral of 125% of the value of securities lent. The country's largest share custodian, is now awaiting a nod from the Unit Trust of India (UTI) to kick-off the activity.

OTCEI to have separate IT segment
The Over the Counter Exchange of India (OTCEI) plans to set up an exclusive segment for information technology stocks. To start with an index devoted to IT stocks is expected to be constructed and some scrips have already been shortlisted for the purpose.

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