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Gensol Engineering offers EPC and solar advisory services. The company is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.

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Overseas investors poured a net $7.5 billion into nine regional markets so far in August, the biggest monthly inflow since end-2020, according to exchange data compiled by Bloomberg. India accounted for the lion’s share as foreigners pumped in $5.7 billion, while South Korea received $2.3 billion.

Sequoia offloads 2% stake in Zomato

Updated at : 2022-08-26 16:45:01

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In a disclosure made before the stock exchanges, Zomato said Sequoia Capital India Growth Investment Holdings I and SCI Growth Investments II sold 171.9 crore shares or a 2.01 per cent stake held in the company.

“My personal preference has always been to onshore, to produce in the countries that are imporing because that reduces the friction that the business creates. By and large, Motherson has a clear mindset. If you want to export more than 5%-10% of your turnover, move to that country and find ways and means by which you can produce there.”

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In each of six instances since 2008, reading below 15 in percentage of stocks above 200-DMA (Nifty500 universe) led to durable bottom, followed by new highs on Nifty. We expect the same rhythm to be maintained this time as the indicator bottomed at a reading of 14 in June 2022,the analysts said.

Some amount of update on roadmaps, succession planning and unlocking of the value in the subsidiaries... from a minority shareholder point of view, all I can say is that the breaking up of Reliance Industries (RIL) would be very positive for minority shareholders where we can get shares of Reliance Jio as well as Retail," Mehta said.

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The company offers the most user-friendly KYC experience, while ensuring the highest levels of monitoring to ensure the safety of customer assets.The platform also includes a mature audit and tracing mechanism to ensure customers trade without worry and receive benefits while complying with tax regulations.

Gold falls Rs 254; silver gains Rs 21

Updated at : 2022-08-26 16:45:01

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Spot gold prices for 24-carat gold in Delhi fell by Rs 254 per 10 gram in line with fall in COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.In the international market, gold was quoting lower at USD 1,751 per ounce while silver was flat at USD 19.22 per ounce.

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We have not sold anything. Even if there is a global position, the best way global companies can cut costs is by moving to India but in the near term, momentum is not there because there is margin pressure," he said.The majority of IT counters have missed Street estimates in June 2022 quarter and their margins have remained under the pressure, facing the biggest earnings challenge in more than a decade.

The Nifty Auto index was trading 0.85 per cent up at 12987.2.

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