Grover sought damages of Rs 500cr in Oct 2021 for a notional loss allegedly suffered because of the bank. Kotak says it replied to notice, pursuing 'appropriate legal action'.
Kotak Investment Advisors CEO Srikanth Subramanian says softening of rules will see higher returns from some overseas markets than what investors can get from Indian equities.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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