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Important news, must-read stories on NDTV Profit on Tuesday.
The equity investment by the promoters will be used to pare debt and fund capital expenditure.
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The current account deficit continued to narrow in the July–September quarter amid a lower merchandise trade deficit coupled with robust service exports.
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Some of the banking stocks that had underperformed for most of the year are also taking leadership positions, Aditya Agarwala, head of research and investment at Invest4Edu Pvt., said.
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Foreign investors have bought Indian equities worth Rs 1,62,285 crore so far this year.
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Bournvita came under fire in April, when Revant Himatsingka started posting videos on packaged foods that he believed were misleading.
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The regulator has granted a one-year extension to the partnership against the two years sought by the non-bank lender.
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Experts suggest setting the expectations right, stressing on the need to have a time frame of 10-15 years.
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