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The absence of a country strategy poses challenges to project performance, Muthoo said in an interview with ET, even after expressing satisfaction over the execution of the first project his office evaluated in India. The New Development Bank, earlier called BRICS Development Bank, was set up in 2015 to finance public and private projects through loans, guarantees and equity participation.

A committee will be set up soon to draw up the framework, said the people cited above. It will detail the process of approaching borrowers, the documents to be submitted and reports to be given to them, along with timelines and the course of action.

Maharashtra, Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh together accounted for 43.1% of the total ATM cash replenished by CMS Info Systems across the country. Incidentally, these are the top 5 states with maximum gross state domestic product (GSDP) in fiscal year 2022, according to CMS Infosystems.

The association, which represents 77 domestic and foreign institutional investors who collectively own 10.15% of the DTH company, had on May 15 written to the Dish TV board to convene an EGM within the stipulated 21 days. It also called upon the ministry to initiate "stringent" measures against Dish TV directors for their multiple alleged violations of the Companies Act.

The company had reported profit of ₹2,371 crore in the corresponding quarter in the previous year. The board has proposed a dividend of ₹3 per equity share (face value ₹10 each) for the FY 2022-23, resulting in dividend payout of ₹1,897 crore.

The expenses were higher at ₹53,372 crore against ₹51,026 crore a year ago due to a rise in power and fuel charges, employee benefit expenses and inventory costs.

The stressed airline had written to Sebi seeking clarification on whether the share allotment will fall under which section of the Issue of Capital and Disclosure Requirements Regulations.

Adar Poonawalla-led Poonawalla Fincorp closed at ₹348.15 apiece on the BSE on Wednesday, up 0.61% from the previous close. Shares of Kochi-based Federal Bank closed at ₹123.85, down 1.43% from the previous close.

Bullish Engulfing patter is a 2-candlestick pattern in which the first candle has a red body followed by a candle with a long green body, which engulf’s the red candle’s body.​

​In Aggressive Long Cover, cumulative open interest and price of stocks decreases whereas their average traded and delivered quantity for 5 days increased.​