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N Jayakumar, MD of Prime Securities, emphasized the importance of inclusive growth in India post-Covid. He highlighted the need for fair wealth distribution through increased taxes on high earners. Jayakumar also pointed out the strength of the retail investor base in India and recommended sectors like telecom infrastructure, generic pharmaceuticals, and sustainability for investment.
The move aims to reduce its debt and finance capital expenditures. The fundraising will occur in two-three tranches over the next 12-18 months. The formal announcement is expected in a few days. According to the sources mentioned above, the company has approached several bankers for the fundraising process and discussions with ICICI Securities are in the final stage.
Bajaj Finserv Ltd is quoting at Rs 1572.7, down 0.41% on the day as on 13:19 IST on the NSE. The stock tumbled 3.3% in last one year as compared to a 23.33% rally in NIFTY and a 11.97% spurt in the Nifty Financial Services index.
Axis Bank Ltd is quoting at Rs 1158.8, down 6.49% on the day as on 13:19 IST on the NSE. The stock jumped 18.63% in last one year as compared to a 23.33% rally in NIFTY and a 10.35% spurt in the Nifty Bank index.
ICICI Bank Ltd is quoting at Rs 1199.85, down 1.89% on the day as on 13:19 IST on the NSE. The stock jumped 20.41% in last one year as compared to a 23.33% rally in NIFTY and a 10.35% spurt in the Nifty Bank index.
IndusInd Bank Ltd is quoting at Rs 1377.9, down 1.34% on the day as on 13:19 IST on the NSE. The stock tumbled 3.49% in last one year as compared to a 23.33% rally in NIFTY and a 10.35% spurt in the Nifty Bank index.
State Bank of India is quoting at Rs 844.65, down 0.86% on the day as on 13:19 IST on the NSE. The stock jumped 37.31% in last one year as compared to a 23.33% rally in NIFTY and a 10.35% spurt in the Nifty Bank index.
As of 25 July, 4.063 million tonnes of grain (including rapeseed) was harvested, which includes 3.079 million tonnes of cereals and leguminous crops and 984,000 tonnes of winter rapeseed.
We need bold, focused action and significant investment to help alleviate many of the stressors placing pressure on our poorest, most disadvantaged families, and ensure all children can grow up safe and thriving.
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A total of 9,498 shares changed hands on the counter till time (IST).
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