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According to the statement, the funds will be used, among other things, to fund capital expenditures, refinance current debt, and other general business purposes

FPI flows in November 2022 marked a sharp bounce back as nearly $4.45 billion were infused into Indian equities by these global investors. This was a welcome relief after two months of tepid flows from FPIs.

TGP Capital will be selling 10-11% of its stake in RR Kabel through an initial public offer (IPO). The company is planning to file DRHP in May 2023.

The company intends to invest around Rs 100 crore over the next 5 years.

Human-centric bot technology has aided nearly 35,000 drivers seeking emergency roadside assistance to date.

The compensation has been received towards reimbursement of statutory expenses from Ministry of coal.

The NHAI estimated project cost is Rs743.74 crore while HG Infra bid project cost is Rs997.11 crore.

The project cost is Rs1061.00 crore and the completion period is 26 months.

The proceeds will be utilized for, funding of capital expenditure, refinancing of existing loans and other general corporate purposes.

Fed Chairman Jerome Powell has the art of mixing good news with bad news. Announcing the Fed statement of the last FOMC meeting on 14th December, Jerome Powell hiked rates by just 50 bps as was already expected.