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The regulator said that if the company opted for delisting, the reference date for computing the floor price would be the date on which the company made the public announcement for the exit offer.
Govt sticks to 4% inflation goal for RBIThe earlier monetary policy framework, signed by Prime Minister Narendra Modi’s government with the Reserve Bank of India in 2015, had set up a monetary policy committee with a mandate to achieve 2%-6% headline retail infla… Read MoreAdani Enterprises incorporates 2 wholly-owned subsidiariesVizag Tech Park is yet to commence its business operations, it said.
from Stocks-Markets-Economic Times https://ift.tt/3fJiZO3
… Read MoreGovt slashes rates on small savings by up to 110 basis pts The government has slashed interest rates on small savings schemes, such as post office deposits and public provident fund, by up to 110 basis points, dealing a fresh blow to savers seeking safety.
from Stocks-Markets-Econo… Read MoreSBI, JBIC ink $1 b pact to refinance loans to Japan’s auto cos in IndiaThe loan is in the form of refinancing against the funding support provided to the manufacturers, suppliers and dealers of Japanese automobiles in India, whose business activities are recovering from reduced sales due to Covi… Read MoreBillionaire John Malone gets $353 million boost after Archegos-fueled dropDiscovery Inc.’s class B shares soared in the aftermath of the stock selloff by Archegos Capital Management.
from Stocks-Markets-Economic Times https://ift.tt/3wj9LO4
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