India is currently undergoing rapid urbanization and industrialization, creating a huge demand for infrastructure development. From roads and highways to airports and ports, the country is in need of significant infrastructure projects to keep up with its growing economy. As a result, infrastructure stocks have been gaining traction among investors…
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Jefferies raises goal costs on Tata Metal, JSW Metal, Hindalco as world manufacturing unit exercise picks up
Story continues under Commercial Jefferies is bullish on Indian metallic firms amid the current resurgence within the world manufacturing exercise, together with within the US and China, the world’s two largest economies. In a current be aware, the brokerage agency stated it had constructive views on the sector, significantly copper…
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Jumboking valuation at Rs 400 crore plus! ‘Multi bagger investor’ picks up stake in India’s third-largest burger chain
Ace investor Ashish Kacholia has acquired a 17.2% stake in homegrown burger chain Jumboking, making him the second-largest shareholder. The funding, of an undisclosed quantity, was made by a secondary market transaction following Triton Fund’s exit from the agency.Consultants estimate the transaction to be valued between Rs 70 crore and…
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First Ambani-Adani pact: RIL picks 26% stake in Adani Energy’s MP undertaking; deal pegged at ₹50 crore between rival companies
Within the first collaboration between rival billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy undertaking of Gautam Adani, and signed a pact to make use of the vegetation’ 500 MW of electrical energy for captive use. Reliance will choose up…
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Adani, Ambani Collaborate – Reliance Picks Stake In Adani Energy Mission. A First
Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in an Adani Energy projectNew Delhi: Within the first collaboration between billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy challenge of Gautam Adani, and signed a pact to…
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Adani, Ambani Collaborate – Reliance Picks Stake In Adani Energy Mission. A First
Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in an Adani Energy projectNew Delhi: Within the first collaboration between billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy challenge of Gautam Adani, and signed a pact to…