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Indian shares are likely to open higher on Monday, tracking Asian peers, after a moderation in a key U.S. inflation reading heightened hopes of a Federal Reserve rate cut in June....
The stock was trading 3% higher at Rs 261 on BSE at 12:13 pm. It has advanced 51% in the last six months and 250% in the last year. Technically, the stock's day RSI (14) is at 52.2.
The Rwanda Transmission System Reinforcement and Last Mile Connectivity project (TSRLMC) worth USD 7.152 million equivalent to Rs 596.21 million (Rs 59.6 crore) is for plant design, supply and installation of 45.8 km, 110 KV double circuit Rukarara-Huye-Gisagara transmission lines, it said.
There is concern among HNIs that they too may be questioned if the companies they invested in are found to have ties with Tibrewala
According to the ED, Tibrewala has been laundering the proceeds from the betting operations by investing the money in shares of companies listed on the BSE and NSE.