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“In India, there are 10 or 12 ESG funds now. Globally this has been a huge trend. What happens sometimes is that while it does not affect the business as such, at the same time, it is top of mind for a lot of the investors. As a result, we are starting to see that playing out for the last few years in ITC. ”

“We do not believe there is a huge correction in the offing. A small dip of 4-5% could be used as a good opportunity for people who are waiting on the sidelines to add on to their investment ideas.”

The S&P BSE Sensex index rose as much as 117 points to touch 58,364.37 in the first few minutes of trade, and the broader NSE Nifty50 benchmark climbed to as high as 17,407.65, up 28 points from its previous close.

“One cannot ignore digitisation and the overall tech space. You need to make your company, your customers and your stakeholders more tech savvy and basically improve the margins as a result and gain market share.”

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Demand was so high -- at least $7 billion of orders poured in -- that the crypto behemoth was able to boost the deal’s size from $1.5 billion, according to a person with knowledge of the matter.

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Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 241711.75 Crore).

Spot gold was steady at $1,802.86 per ounce, as of 0120 GMT on Wednesday, having hit a one-week peak of $1,808.50 in the previous session.

Nifty futures on the Singapore Exchange traded 39.5 points, or 0.23 per cent, higher at 17,430.50, signaling that Dalal Street was headed for a positive start on Wednesday.

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Brent crude oil rose 39 cents, or 0.5%, to $73.99 a barrel by 0133 GMT, while US West Texas Intermediate (WTI) crude climbed 44 cents, or 0.5%, to $70.90 a barrel.

IDFC’s reverse merger with bank faces hurdles

Updated at : 2021-09-15 09:20:01

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IDFC Ltd, the parent of IDFC Bank, on Tuesday indicated to investors that it faced challenges in pursuing a reverse merger with IDFC First Bank.

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