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A senior official confirmed the move and said that that the process would take three-four months. The bank had acquired the premises in partial settlement of its loan dues from the Reliance Group.
Buy Asian Paints, target price Rs 2140: Motilal OswalAsian Paints Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 195719.51 Crore) operating in Building Materials sector.
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… Read MoreStocks in the news: Infibeam Avenues, IndusInd Bank, Tata Motors, Britannia, SBI and RILIndusInd Bank registered lukewarm performance on credit with loans and advances growing a meagre 2% to nearly Rs 2 lakh crore at the end of the September quarter,
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… Read MoreRaise taxes on rich to spend on poor: Joseph StiglitzThe Indian government had earlier rejected a proposal put up by the Indian Revenue Service Association to levy higher taxes on the uber-rich to meet the revenue shortfall. The government also took stern action against three o… Read MoreGDP may fall by only 6-7% in Q2: Motilal OswalAccording to the recent Bloomberg consensus, the market expects another double-digit decline (of 11 per cent ) in India’s real GDP growth in the second quarter after a 23.9 per cent contraction in the first quarter ended June… Read MoreAsian Paints, RIL, Cipla and TechM among stocks likely to shineAnalysts are looking at mostly blue-chips and larger mid-cap stocks that are in a better position to advance further in the October-December period.
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