Shares of NIA Company (up 30% in the past one month) and GIC Re (up by 18%) beat the S&P BSE Sensex, which gained less than 2% over the course of the preceding month
The company, through its subsidiary, will invest approximately Rs 10,000 Crore over a 7-8-year period.
LIC’s debt in RCap stands at Rs 3,400 crore, while that of EPFO is at Rs 2,500 crore.
Customers with a closing balance of Rs 5 crore to Rs 30 crore will be eligible for 7% interest under the new scheme.
The Company is in process of undertaking a detailed review of the Award and will initiate appropriate proceedings.
Ind-Ra continues to rate NCC on a standalone basis.
The rupee lost 9 paise to the US dollar and ended the previous trading day on Tuesday at 82.60
On 1st December, wheat stock in government warehouses stood at 19 million tonnes
The company has agreed to sell the IoT business to its wholly-owned subsidiary, Tata Communications Collaboration Services Private Limited.
The stock surpassed the Rs 307.15 high it had previously reached on December 9, 2022
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