To replace Madhav Kalyan, who would assume a larger role in the Asia Pacific area, JP Morgan India promoted Kaustubh Kulkarni.
Sales decline 11.82% to Rs 56.34 crore
Sales rise 36.00% to Rs 876.98 crore
Sales decline 5.67% to Rs 7.49 crore
On September 15, the Securities and Exchange Board of India (SEBI), the capital markets regulator, registered Nexus Select Trust.
Sales rise 19.65% to Rs 134.79 crore
Sales rise 74.78% to Rs 7.90 crore
Brent crude futures were up 9 cents, or 0.1%, to $91.71 per barrel. The price of a barrel of West Texas Intermediate (WTI) oil increased by 6 cents, or 0.1%, to $85.52.
Crisil Ratings' analysis indicates that the new requirements for ARCs, which were announced by the Reserve Bank last Tuesday, will require them to increase their net-owned funds by three times, to Rs300 crore from Rs100 crore, in a phased manner by March 2026. This could be difficult for smaller ARCs.
To invest 600 crore on the plant's upgrade
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