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Indian Oil plans to monetise its hydrogen-producing facilities to raise about Rs 10,000 crore.
FPIs’ bullish positions at highest levels in over a yearAnalysts said the liquidation of short positions have accelerated after the Nifty crossed 11,600. “They have unwound their short positions. This indicates stability in the market because the pressure of short positions will n… Read MoreTrai blocks Airtel, Vodafone Idea premium plansTrai blocked premium plans that offer faster data, saying these could lower quality of mobile services.
from Stocks-Markets-Economic Times https://ift.tt/301JPqV
… Read MoreInterest rate cut, deposit growth to hurt lenders’ profitability in Q1Though credit growth is slower, banks have had to reduce lending rates following the RBI’s rate cuts. Data from the RBI show that the monthly weighted average lending rates on fresh loans slipped 28 basis points for commercia… Read MoreQualcomm Ventures to invest Rs 730 crore in Jio Platforms for a 0.15% stakeThis is the 12th investor to pick up a stake in Reliance Industries Ltd’ (RIL’s) telecom and digital business in less than two months. Qualcomm Ventures' stake buy will take the total investments in Jio Platforms to Rs 1,18,3… Read MoreICICI Bank, HDFC appoint bankers for fundraisingBoth entities are expected to sell securities in 1-2 months as they gear up for a possible spurt in demand for loans once economic activities get back on track after the Covid-19 pandemic. They are taking advantage of a more … Read More
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