By Debdeep Gupta | 06 May, 2024
Mid-day Mood | Sensex, Nifty trade flat; PSU Bank stocks under pressure
The Sensex and Nifty 50 turned flat around noon on May 6 with Nifty PSU Bank stocks falling over 3 percent after the Reserve Bank of India (RBI) released draft guidelines proposing tighter norms for lending and heightened monitoring for under-construction infrastructure projects.The top laggards on the Nifty PSU Bank index were Punjab National Bank, Canara Bank, Bank of Baroda, and Union Bank, all...
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parvin 2022-08-31 18:56:13
GMR Group to divest its 30% equity stake in PT GEMS, engaged in coal mining in Indonesia • GMR Group to receive gross consideration of USD 420 million upfront plus deferred consideration • Divestment to result into strengthening of balance sheet through significant reduction of corporate debt of GPUIL, and • Reinforces GMR Groups commitment towards Asset Light Asset Right strategy and reduce Groups carbon footprint
Login & Reply Like(0) Dislike(0) Repost SpamBrijesh01 2022-07-19 20:36:14
BUY GMR POWER AND INFRA LTD. RESTRUCTURING AND PROFIT TO BE EXPECTED RS.1000 CRORE IN THE JUNE QUARTER. TARGET RS.80.
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