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Indus said it had agreed to the customer’s proposal for softer repayment terms. “During the last quarter, the customer had informed the company that a funding plan was under finalization with its lenders and had proposed…to pay part of the monthly billing till December 2022 and 100% of the amounts billed from January 2023,” Indus said, adding that it had agreed to the proposal.

Axis Bank is the sixth largest bet in the largecap space for mutual funds. For Nippon Life Asset Management, Kotak Mutual Fund and SBI Mutual Fund, the bank is among their top 5 holdings.

In the domestic equity market, the 30-share BSE Sensex was trading 220.59 points or 0.37 per cent higher at 59,977.43. Similarly, the broader NSE Nifty rose 60.50 points or 0.34 per cent to 17,797.45. Foreign Institutional Investors (FIIs) turned net buyers in the capital markets as they bought shares worth Rs 2,818.40 crore on Thursday, according to exchange data.

Finolex Cables Ltd., incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 8025.49 Crore) operating in Consumer Durables sector.

The Nifty Realty index was trading 0.47 per cent down at 435.9.

Kacholia has investments in over twenty stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks. Kacholia publicly holds 42 stocks with a net worth of over Rs 1,885.5 crore as per the latest corporate shareholdings filed.

"India’s growth gap over the rest of the world is widening and India will be the fastest-growing major economy in the world over the next 5 years at least. So, visibility of growth is the key reason. India is largely a domestic consumption-driven economy, helping to relatively insulate itself from a potential global slowdown/recession."

VIP Industries Ltd. key Products/Revenue Segments include Soft Luggage, Scrap and Export Incentives for the year ending 31-Mar-2022.

“If somebody is saying that if you retire, then you should retire your equity portfolio, I think it could be dangerous. Not investing in equity could be the most risky thing which an investor could do in his retirement. The Government has no business stopping people from investing in equity after they retire as it has done with NPS.”

Poonawalla Fincorp Ltd., incorporated in the year 1978, is a Small Cap company (having a market cap of Rs 23782.70 Crore) operating in NBFC sector.