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Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 97397.37 Crore) operating in IT Software sector.

“The government has Rs 1.5 lakh crore of surplus from subsidy. The RBI has the legroom to give at least Rs 80,000 crore to Rs 1 lakh crore more by way of dividend to the government. If I take both of this into account, there will roughly be Rs 2.25 lakh to Rs 2.5 lakh crore of extra ammunition right in this Budget which was not there last year.”

​​Bloomberg Billionaires Index shows that the Ahmedabad-based Adani is now in the 11th slot with a wealth of $84.4 billion.

Meanwhile, most Asian emerging market stocks and currencies fell as the dollar index climbed above the 102 level overnight, with caution setting in ahead of the Fed meeting, which will be followed by European and England central bank decisions on Thursday.

Fed chairman Jerome Powell had in December said that no officials are projecting rate cuts in 2023. Further, policy makers were unlikely to consider lowering interest rates until they are confident that inflation is moving down to the Fed’s 2% goal in a sustained fashion.

"A good tax system minimises exemptions and really eliminates all of them and keeps the tax rates low. The government had tried this in Budget 2021. It introduced an alternative tax schedule which taxpayers could use largely and very few exemptions were admissible under that schedule but the tax rates still remain quite high. As a result, there have not been many takers. Only people like me, who have zero exemptions, use that tax schedule. "

A total of 13,529 shares changed hands on the counter till 11:22AM (IST)

This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India, Adani said.

Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 58138.16 Crore).

The stock traded at a P/E multiple of 57.84, while the price-to-book value ratio stood at 34.39.