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Clix Capital has been in talks with the LVB management since June and had also submitted a non-binding agreement in October. Clix had proposed to invest Rs 1,700 crore in equity plus fundraising to meet growth capital requirements.
Tata Steel to double capacity at existing facilitiesTata Steel has restarted work on a pellet plant and cold-roll mill complex expansion at Tata Steel Kalinganagar. It was halted due to the lockdowns. The expansion of the Kalinganagar plant to 8 mtpa from 3 mtpa will incur a c… Read MoreWith 15,400 in sight for Nifty, analysts suggest a long call butterflyThe sale of the two calls greatly cuts the upfront cost of the strategy, but it also caps the maximum upside at 15,400. However, given the strategy’s low cost, the risk-reward ratio is “highly” favourable, said Baheti.
from … Read MoreCboe Volatility Index below 20The volatility measure peaked on March 18 at 85.47 and has tumbled 77% since then. Friday’s drop of 6% came as the S&P rose 0.5%.
from Stocks-Markets-Economic Times https://ift.tt/3dfqCKS
… Read MoreCrypto exchanges, experts may move outIndustry, investors fearing a drain of both talent and business in case of an adverse bill
from Stocks-Markets-Economic Times https://ift.tt/3jOp6QZ
… Read More14,900-15,000 is strong support for Nifty; Pharma, IT & FMCG could surgeThe Nifty is trading at 22.3 times on a one-year forward basis which is at a 45% premium to its 15-year average. Technical analysts see strong support for the index at 14,900-15,000.
from Stocks-Markets-Economic Times https:… Read More
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