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Ganesh Infraworld, an EPC firm based in Kolkata, intends to raise funds. The company plans to secure Rs 200-250 crore through a qualified institutional placement soon. Ganesh Infraworld got listed on NSE SME Emerge platform last year. Since its debut, the company's stock has increased significantly. However, the company's shares experienced a slight dip recently.
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News and Media
State Bank of India could attract up to $466 million in passive inflows if the foreign investment limit for public-sector banks is raised from 20% to 26%, Nuvama Institutional Equities said. The move would allow higher MSCI index weightings. The government is reportedly considering the change as part of reforms to boost capital while retaining at least 51% public ownership in PSBs.
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News and Media
Hindustan Copper shares surged sharply after global copper prices spiked due to a production halt at Grasberg, the worlds second-largest copper mine in Indonesia. The mine suspension, caused by a fatal mudflow, tightened global supply and pushed copper futures to 15-month highs.
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News and Media
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