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Reliance Industries records fresh high; becomes first Indian firm to cross $200 billion market cap –

[vc_row][vc_column][vc_column_text] Reliance Industries records fresh high; becomes firstIndian firm to cross $200 billion market cap – With the news of afresh spate of investment in its subsidiaries, Shares of telecom-to-oil-to-retailmajor Reliance Industries soared over 6% on BSE to a fresh record high of Rs2,343.90 on Thursday’s trade. Along with that, the partly paid up shares …

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Earnings (Sep 09); Stocks in The News…

Stocks in the News (09 Sep): AstraZeneca – There is a temporary hold on AstraZeneca’s COVID-19 vaccine candidate which is on late-stage studies as serious illness shown on a candidate. The company investigates whether a recipient’s “potentially unexplained” illness is a side effect of the shot. Power Grid – On Tuesday Cabinet allowed state-owned power …

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Sector Focus: Nifty IT index hits record high on Tuesday’s trade –

[vc_row][vc_column][vc_column_text] Sector Focus: Nifty IT index hits record high onTuesday’s trade – With the expectationof a quick recovery in BFSI (banking, financial services and insurance) sectorto pre-Covid growth levels through FY21, most of the information technologies(IT) companies stocks were remained in focus on Tuesday. The Nifty IT indexhits an all-time high of 18,671.75 on the …

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RBI broadly accepted resolution framework for COVID-hit assets by Kamath panel. Experts estimated that loans worth Rs 4-4.5 trillion would need recast going by the panel rules.

[vc_row][vc_column][vc_column_text] RBI broadly accepted resolution frameworkfor COVID-hit assets by Kamath panel. Experts estimated that loans worth Rs4-4.5 trillion would need recast going by the panel rules. Anexpert panel headed by veteran banker KV Kamath, appointed by the Reserve Bankof India (RBI) has submitted its report to the central bank on the resolutionframework for Covid-hit assets. …

RBI broadly accepted resolution framework for COVID-hit assets by Kamath panel. Experts estimated that loans worth Rs 4-4.5 trillion would need recast going by the panel rules. Read More »

Earnings (Sep 08); Stocks in The News…

[vc_row][vc_column][vc_column_text] Stocks in the News (08 Sep): Bharat Dynamics -:The government is planning to sell 15 per cent stake, will sell up to1,83,28,125 equity shares in company via offer for sale route on September 8-9,with an option to additionally sell 91,64,063 equity shares. Floor price of theoffer will be Rs 330 per share and  Thecentre …

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