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RBI Greenlights LIC's Acquisition of 9.99% Stake In HDFC Bank - Details

Life Insurance Corporation of India (LIC) has obtained approval from the Reserve Bank of India (RBI) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited in accordance with Regulation 30 of the SEBI Listing Regulations. , Companies News, Times Now
Bank Image Source Exchange Board Of India Foreign Exchange Management Hdfc Bank Life Insurance Corporation Of India Image Source

Budget 2024: Indian Government Slashes Fuel Retailers' Equity Infusion To $2 Billion For Green Initiatives

The Indian government has revised its equity infusion plans for state-owned fuel retailers, reducing the amount to Rs 15,000 crore ($2 billion) to support their investments in energy transition projects, according to the finance ministry. However, the revised plan halves this equity support to Rs 15,000 crore ($2 billion). Alongside the equity infusion, Sitharaman had proposed Rs 5,000 crore ($670 million) for purchasing crude oil to fill strategic underground storages at Mangalore in Karnataka,...
Andhra Pradesh India General Nirmala Sitharaman Indian Oil Corporation Hindustan Petroleum Corporation Ltd Cabinet Committee On Economic Affairs

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DLF Acquires 29 Acres In Gurugram For Exclusive Housing Project - Know Deal Value And Other Details

DLF Ltd, a real estate company, is set to acquire 29 acres of land in Gurugram from IREO to develop a housing project. This acquisition follows DLF taking over bad loans amounting to Rs 825 crore associated with the land. The housing project will be situated on Golf Course Extension in Gurugram, Haryana., Real Estate News, Times Now
Ashok Tyagi Standard Chartered Bank Singapore Branch Db International Asia Singapore Project In Gurugram Image Source Golf Course Extension

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