The goal is to make the site operational within 12 to 18 months, and discussions may involve seeking government subsidies under PM Narendra Modi's production-linked incentives
For this to happen, we may have to wait for a few quarters more as food price inflation is listed as a major downward risk in the near term.
The anchor book is scheduled for launch on December 12.
A broad-based easing in core inflation certainly points towards past monetary actions yielding desired results.
This bus order, which is worth Rs 62.80 crore, is being sold entirely, according to a regulatory filing from Olectra Greentech.
RBI decision to hold rates was expected, but the focus was always on monetary stance and GDP growth estimates.
The public offer exclusively comprises a fresh issue of shares worth Rs 400 crore, with no offer-for-sale component.
The QIP floor price issued at Rs 976 per share
Partner Rahul Shah of KSSF stated that the collaboration will support Cropnosys during its next stage of expansion.
While growth remains strong, inflation is expected to remain above the target of 4% in the near term due to supply-side shocks.

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