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For instance, inheritance within the family to the male members may allow the business to pass from one generation to the next but also create governance issues if there are other shareholders.

Inflation is the same termite that can completely eat into household savings, which otherwise could have been used for buying a home or a car in the future.

The Nifty Auto index was trading 0.58 per cent up at 12949.25.

Bandhan Bank, incorporated in the year 2014, is a banking company (having a market cap of Rs 40591.81 Crore).

The stock quoted a 52-week high of Rs 169.4 and a 52-week low of Rs 93.2.

Following the development, brokerage firm Jefferies said, "If the acquisition fructifies, it will enable Dalmia to expand its footprint into the Central Region and add one more region to its vision of emerging as a pan India cement player. Deal timelines, additional required capex, limestone reserves are key for the company.”

A total of 4,477 shares changed hands on the counter till 11:42AM (IST).

Focus shifts on to the US consumer price index (CPI) data for November due later in the day and the US central bank’s final meeting of this year scheduled on December 13-14.

The company’s top management includes Mr.Sridhar Balakrishnan. Company has Deloitte Haskins & Sells LLP as its auditors. As on 30-09-2022, the company has a total of 19 Crore shares outstanding.

“The two macroeconomic data which came yesterday have significant implications for the market. The CPI inflation for November at 5.88 % is below the RBI’s upper tolerance limit. This is good news. But the bad news is that the Index of Industrial Production (IIP) shows a contraction of 4 % in October,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.