The inflation was primarily due to rise in prices of crude oil, natural gas, food prices, etc. as compared to the corresponding month of the previous year, the govt said in a statement.
India's most valuable startup has lined up conditional debt commitments of more than $1 billion to finance the acquisition, but it's possible no deal will materialise.
A $10.5 billion pact announced Sunday marked some 32 acquisitions for the Adani Group this past year, with the ambitious tycoon rapidly diversifying his business into new areas.
The shares fell as much as 9.4% to Rs 860 versus their IPO price of 949, before paring about half of the losses. LIC is the fourth-largest deal among global IPOs priced this year.
Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.
The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
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