Category: Market
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Karnataka attracts 62 investment projects worth over Rs 3,000 crore
Lighthouse Canton’s AIF closes fund with corpus of Rs 350 crore The Karnataka government has approved 62 industrial investment proposals worth Rs 3,607.19 crore with an employment generation potential of 10,755 within the state. The proposals were cleared by the State Level Single Window Clearance Committee, headed by Large and Medium Industries and Infrastructure Development…
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Chinese are making a killing everywhere but in China
China Inc thinks they can tap into that mood change. (Source: Bloomberg) Taking matters into their own hands, Chinese entrepreneurs are tappingoverseas markets more than they ever did in the past. They are keen to draw in new consumers, especially the resilient Americans who shop like billionaires. They are also running away from a crowded home base, where…
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India on path to triple renewable energy capacity by 2030 but faces financing hurdle: Report
India on path to triple renewable energy capacity by 2030 but faces financing hurdle: Report India’s 14th National Electricity Plan (NEP) sets it on a path to more than triple its renewable energy capacity by 2030, but the country needs a whopping USD 293 billion to achieve this, according to a report released by global…
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What to look for in the Q2 GDP numbers
Clues about the GDP figures are to be found from the corporate results for the September quarter The GDP numbers for the second quarter of 2023-24 are to be announced on November 30. The RBI Bulletin’s State of the Economy Report for November said, “In India, estimates of gross domestic product (GDP) for the second…
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[ad_1] The business has been sold to Alpha GCC Holdings, which will be owned by the promoter/ promoter group of Aster India and funds managed by Middle East private equity firm Gulf-based Fajr Capital Advisors. [ad_2] Source link
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Aster DM shares scale 52-week high on sale of Gulf business for $1 billion
In mid September, Moneycontrol was the first to report that Aster DM Healthcare was planning a mega internal rejig to unlock value. Shares of Aster DM Healthcare surged 15 percent and hit a 52-week high of Rs 381.80 in opening trade on November 29 after the company approved the sale of its Middle East or GCC (Gulf…
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Brisk export orders stoke new season basmati rice prices in India
Brisk export orders stoke new season basmati rice prices in India New season basmati rice prices in India have surged this year due to robust demand from the world’s top buyers in the Middle East and Europe, forcing bulk buyers in wholesale grain markets to pay 10% to 15% more than last year. Last month’s…
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Q2 GDP: Five things to watch out for in latest growth data
India’s GDP had grown at a four-quarter high of 7.8 percent in April-June and 6.2 percent in July-September 2022. The Indian economy is likely to continue its string of better-than-expected growth numbers later this week when the statistics ministry releases data for July-September on November 30. Economists see the GDP growing by 6.8 percent in…
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Stocks to watch: Check out the companies making headlines before the opening bell today, on October 29, 2023. Source link
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The life advice that Charlie Munger gave Warren Buffett: Live life backwards
Berkshire Hathaway Vice Chairman Charlie Munger, who died Tuesday at age 99, offered what turned out to be sage advice to his buddy and investment legend Warren Buffett years ago: live life backwards. Munger years ago told the somewhat younger Buffett, 93, how he should live his life, according to CNBC’s Becky Quick, speaking on…