Top headlines: Rs 5K cr zero-coupon bonds for P&SB; Apple to expand in cars

From centre issuing Rs 5,500 cr worth of zero-coupon bonds for P&SB recapitalisation to Anil Ambani's Reliance Capital getting 10 more bids for subsidiaries, here are top headlines this morning

P&SB recapitalisation: Centre issues Rs 5,500 cr worth of zero-coupon bonds

The Centre, in a first move of its kind, has issued Rs 5,500 crore in zero-coupon bonds for recapitalising Punjab and Sind Bank (P&SB) and allowed it to park the paper in its held-to-maturity (HTM) category at face value rather than the discounted market rate. Zero-coupon bonds do not bear any interest and are traded at a discount to the face value. Read More

DHFL bidder selection: Oaktree Capital asks lenders for fair treatment

Oaktree Capital, which is in the race to acquire home finance company DHFL,