DOHA, April 2 The shareholders of Qatar's Masraf Al Rayan, an Islamic lender, approved on Sunday the issuance of sukuk worth up to $2 billion to meet the bank's liquidity needs.
The Gulf state's second largest lender by market value appointed banks in January to handle a debut sukuk issue of around $500 million, banking sources told Reuters that month. (Reporting By Tom Finn; Writing by Tom Arnold; Editing by Greg Mahlich)
REFILE-India's Infosys says reassessing long-term goals due to tougher market
Bengaluru, June 24 Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday.