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SCI has submitted a new demerger plan to the Ministry of Corporate Affairs (MCA) and has excluded some of its assets from the proposed demerged entity, ET Now reported. It said that the meeting would discuss the progress of the SCI demerger and bids plan in the current fiscal.

“I would not be too worried about the end price of the spectrum because in most bands, spectrum is available in fairly abundant quantities. It should be more than enough to accommodate three players. The worry is less on the bidding front but is more on the lines of what happens in future once the Adani entity gets spectrum and over a period of time starts looking at the consumer 5G market seriously.”

Shares fell as much as 7.8% to $33.93 in premarket trading Monday, on track to erase $2.2 billion in market value, after Musk backed out of an agreement to buy the social-media giant and take it private. Shares in Tesla Inc., the electric car maker that Musk leads, rose 1.1%.

In the last five years, the counter has zoomed 850 per cent, whereas it soared over 1,000 per cent from its Covid-19 lows of April 2020. Promoters and promoter group entities hold 74.97 per cent shares in the company, whereas public shareholders own the remaining 25.03 per cent stake in Adani Power.

“We would look towards pyramid utilisation as well as growth as the primary levers to get back to 25% first and then gradually look at the premium levers of pricing and realisation, looking at currency support to get us to our comfort band. That should hopefully happen sooner than later.”

"The failure of a market player, in addition to imposing potentially large losses on investors and threatening market confidence arising from crystallisation of conduct risks, can also quickly transmit risks to other parts of the crypto-asset ecosystem," the FSB said in a statement.

“Plagued by an intense competitive environment in the last two decades, the thought of a new entrant in the sector gives investors jitters for the next round of severe competition, which could derail the current structural benefits (ongoing pricing improvement and market share gains),” domestic brokerage firm Motilal Oswal said.

Improving traffic movement and FASTag implementation are leading to strong toll collections. Improved toll collections are critical for faster monetization of Road assets by the Road Ministry and would also help companies that are looking to monetize their existing toll assets.

The lender is equally impacted by seasonality and Assam Floods, whereas the loans that exited moratorium & collections have not stabilized yet, said the brokerage. Loans grew 20 per cent on a yearly basis but dropped 3 per cent on a quarterly basis.

The realty stock hit a 52-week high of Rs 1045 on 19 January 2022 but then the trend went sideways. It took support near Rs 500 level in May and then in June before bouncing back.