The acquisition of OCSI is seen as a strategic move by Tech Mahindra to facilitate the transition and enable incremental revenue realization.
MF holdings in public sector firms reached a historic high of 7.58% of total assets under management in January.
Only when the open interest drops below 80% does the ban get lifted.
Fresh issue will be channeled towards fulfilling the company's working capital requirements and for general corporate purposes.
Spot gold was down 0.1% at $2,015.59 an ounce, with trade volumes probably reduced due to a US holiday.
Brent futures had dropped 8 cents to $83.48 per barrel.
After surpassing the crucial 150 yen per dollar threshold for six consecutive sessions, the greenback last traded at 150.25 yen
With an expected investment of ₹40,000 Crore, the JSW Group and the Odisha government recently signed a deal
In the broader markets, the BSE Midcap and Smallcap indices saw increases of 0.3% and 0.7%, respectively.
The order entails the procurement of 250 specialized wagons, as disclosed by the company in its press release.
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