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Important news, must read stories on NDTV Profit on Tuesday.
SEBI has placed a minimum investment amount under the new asset class at Rs 10 lakh per investor.
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All seven central ministries have recommended how to implement the FAME-III EV subsidy scheme, Minister HD Kumaraswamy said.
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The admission is in the backdrop of a Rs 158-crore default against the Board of Control for Cricket in India.
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The move is just to stall the insolvency proceedings as this would give the company more time to pursue settlement with the BCCI, a person familiar with the matter said.
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While the previous guidelines were more inward looking for lenders, the new norms have room for the other side of the equation—the borrowers.
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The company's total income rose 12% to Rs 3,785 crore versus Rs 3,377 crore.
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Acer has partnered with Dixon Technologies to launch more products under its consumer electronics brand, Acerpure.
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