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The share of roads segment in the total infrastructure projects awarded by the government improved to 29.2% in the first seven months of 2021 from 15.3% in the year-ago period. This reflects the government’s increasing thrust on road development.
SGX Nifty down 130 points; what changed for market while you were sleepingAsian markets were trading mixed in Monday's trade. Japan’s Nikkei was flat at 29,659.36, Hong Kong’s Hang Seng fell 0.17 per cent; Korea’s Kospi was up 0.28 per cent while China’s Shanghai Composite index edged 0.13 per cent… Read MoreStocks in the news: Macrotech Developers, HDFC Bank, ACC, FRL & Mindtree ACC, ICICI Prudential Life, Crisil and Bajaj Consumer Care would be among companies which would announce their quarterly results on Monday.
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… Read MoreLIC appoints Paytm to handle its e-paymentsAccording to sources, there were 17 payments platforms that had bid aggressively. Paytm’s ability to straddle multiple payment services worked in its favour as others were dominant in particular segments like UPI or cards.
f… Read MoreDream Sports may take a shot at $1.5b US listing via SPACThere are indications that Dream Sports may take the SPAC route to a US listing, as co-founder Harsh Jain is a board member of a SPAC launched by Ravi Adusumalli and Shashin Shah focused on taking Indian tech startups public … Read MoreReinstate subvention for MSME loans: NBFCsAs per recent changes made to the scheme, CGTMSE guarantee coverage is reduced to 50 per cent for NBFCs. Earlier, loan loss was covered to the extent of 75 per cent. Also, the payout cap is revised downwards to two times of r… Read More
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