According to the sources, the floor price for the stake sale will be at a 0-5% discount.
To analysts of IIFL Capital Services, VGF route would be more effective as in case of pipeline projects.
Spot gold was up 0.1% at $1,915.39 per ounce, but it was still trading near a three-month low. American gold futures were stable at $1,925.10.
The danger that higher rates will cause an economic slump has caused some investors to seek safe-haven assets like the U.S. dollar, even though higher rates are normally supportive of currencies.
AR mentions about developing sodiumbased energy storage solutions for next-generation batteries, but remains silent about plans to utilise over 127 acres of land in Dholera, Gujarat.
The local unit started the day at 82.07 against the dollar, compared to the previous close of 81.95
On Wednesday, June 21, 2023, the Federal Reserve Chair, Jerome Powell, testified before the House Financial Services Committee.
The dichotomies of opinions on the future of hawkishness are quite visible in the minutes.
HDFC has acquired a 3.86% shareholding and 5.13% voting rights in Bonito Design by subscribing to 6,068 equity shares
Investors with very high risk appetite and want to invest for 7 to 10 years in a mutual fund should invest in HDFC Non-Cyclical Consumer Fund.

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