Key indices started the session at fresh lifetime peaks tracking global markets and underpinned by gains in banks and FMCG companies. Nifty Bank gained over 500 points after focusing news report that the govt is considering allowing 100 percent FDI in the banking sector.
Adani Enterprises, Adani Port, Bharti Airtel, DB Corp, Ultratech Cement, Hindustan Zinc, Deepak Nitrite, Yes Bank, are some of the key companies to unveil their earning results today.
Yes, Bank today said it will mobilize USD 1 billion by 2023 for financing solar energy projects in India. The bank signed 5 solar energy co-financing Intent with Hero Future Energy, Tata Power Delhi Distribution, Jackson Group and Greenko Group, Amplus Solar for their solar projects in India to be completed by 2023.
Axis Bank: The Bank has decided to enhance the MCLRs by 5 base points across all tenors.
TCS: Tata Consultancy Services expands partnership with Shure Inc. to Establish Global Development Centre.
The GST Council meets scheduled today and some of the key things in its agenda comprise a review of GST process, GST rates, and improving GST compliance.
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