During the April-November period of this fiscal year, exports contracted by 6.51 per cent to USD 278.8 billion.
While Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel were the gainers, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, State Bank of India, and Bajaj Finance faced erosion in valuation.
The Bill, however, is unlikely to be introduced in the ongoing session of Parliament.
The letter, signed by the investors said that the tax decision will erode investor confidence in the backing of this or any other sunrise sector in the Indian tech ecosystem
The securities subscription agreement (SSA) also includes a provision enabling Tata Motors to further invest Rs 100 crore over the next two years, at the then prevailing market value. ‘Freight Tiger’ is a digital platform that provides end-to-end logistics value chain solutions for cargo movement in the country.
Of the $200 million raised, $105 million came from StepStone Group ($75 million) and Goodwater Capital ($30 million). The remaining $95 million came from existing investors Nexus Venture Partners, Glade Brook Capital and Lachy Groom.
In case of delay, the lenders will have to compensate the borrowers by paying Rs 5,000 for each day of delay, the RBI said. The directions, released as part of responsible lending conduct, will be applicable to all cases where release of original property documents is due on or after December 1 this year.
The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 12.6 per cent in June 2022 on account of a lower base effect.
On Monday (September 18, 2023), Chief Minister Bhupesh Baghel attended the ‘Jansatta Manthan’, a program of ‘Jansatta’, an enterprise of ‘The Indian Express Group.
According to IndiGo, its staff offered the passengers overnight accommodation and booking on the next available flight