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Adani has plans for defense manufacturing, heeding Modi’s calls to help cut reliance on expensive imports. He is also scaling up production of solar panels and modules, again under Modi’s “Make in India” appeal.
Amazon writes to NCLT against Future’s petitionLast week, the Mumbai bench of the NCLT directed both Future Retail and Reliance Retail to submit their petition as a composite scheme rather than two separate scheme matters as transferee company and transferor company.
fro… Read MoreStocks in the news: Ambuja Cements, Airtel, Magma Fincorp, GIC Re, Dish TV and VedantaThe government is debating whether reinsurer General Insurance Corporation of India should be divested, people aware of the matter told ET.
from Stocks-Markets-Economic Times https://ift.tt/3pr3gEt
… Read MoreA death cross looms for gold hinting at a deeper correctionIn terms of the simple moving average, the death cross has already happened late last month at the Rs 49,550 level, said Rajesh Palviya, technical head at Axis Securities. He added that a 10 per cent correction normally happe… Read MoreRBI tightens norms for housing finance cos The Reserve Bank of India (RBI) has tightened norms for housing finance companies (HFCs), particularly those raising public deposits. In terms of the master directions issued on Wednesday, HFCs must cease lending if they are… Read MoreTokyo stocks open higher on Wall Street rallyThe dollar fetched 105.77 yen in early trade, against 105.86 yen in New York.
from Stocks-Markets-Economic Times https://ift.tt/2Zr3osR
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