Cabinet approves FDI proposal of investing Rs 15,000 crore in Anchorage Infrastructure
The new investment is expected to be a major boost to the infrastructure and construction sector and also to the airport sector.
The new investment is expected to be a major boost to the infrastructure and construction sector and also to the airport sector.
She also said that banks need to come with specific plans for all North-Eastern states that would cater to their Logistics and export needs.
Tata Consultancy Services (TCS) and Reliance Industries Limited (RIL) were up by 2 per cent and 1.3 per cent to become the top gainers of the day.
According to the public sector bank’s regulatory filing, Jhunjhunwala has acquired 2,88,50,000 equity shares of face value Rs 10 each in the bank.
According to the new rule, passengers who are fully vaccinated can travel in the local trains using a monthly season pass, 14 days after taking the vaccine.
TCS is the second listed company overall market cap ranking, after Reliance Industries, which has a market capitalization of Rs. 14.5 trillion.
“In terms of the overall business, the momentum is positive. I think the US, Europe, and the UK, new business and the investments that they are planning, all of that is looking alright,” he said.
Earlier, Wadia had quit the board of Go Airlines (now rechristened as Go First) and Bombay Dyeing.
"The acquisition is in line with Company’s strategy of East Coast to West Coast parity and will provide an access to growth from new hinterland markets as it has coverage in resource-rich and industrial belt in Eastern, Central & Southern India."
The company with its larger sustainability objective aims to reduce greenhouse gas emissions in the supply chain, Tata Steel said in the statement.
Himalayan Water will only be available online initially. The company said that distribution will be expanded gradually.
With this, the total funds raised by CS India will be $150 million. According to the company, the new funds will be used to expand its loan book in India and to collaborate with new fintech firms.
As of 12: 59 pm, the company was trading at Rs. 16,410.00 on BSE. Bajaj Finance share prices also went up by 4.08% to trade at Rs. 7,028.00.
“Based on our (Nowcasting) model the forecasted GDP growth for Q1 FY22 would be around 18.5% (with upward bias). Our estimate is lower than RBI expectation of 21.4%.”
The research report further revealed that Assets Under Management (AUM) for ESG funds increased by 4 times in two years to reach Rs11,800 in June 2021 as against Rs 2,400 crore in June 2019.
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