Alluri Indra Kumar, managing director of Avanti Feeds, which has been the backbone of the Indian shrimps industry, explains why he feels this is the case.
Amid bouts of selling, some good-old multinational blue chips have shown signs of a turnaround.
The government’s plan would need an estimated 10 lakh beds.
India is a net exporter of steel, with net outbound shipments of around 3 MT. It was a net importer two years ago before the government introduced the protective measures.
In the past two months, NMDC increased ore price by nearly 25% from the year-ago level.
Evaluate and FirstCall are the only two brokerages that track this company.
Tata Steel is also raising Rs 12,800 crore through a rights issue to reduce debt and fund its acquisition of stressed assets.
The combined loans of these 10 cos was Rs 3,500 crore in FY17 and may have risen further.
The acquisition would accrue strong synergies in the long run.
The society from which the CBI picked up Shetty on Saturday is home to senior bankers, businessmen and executives from leading private companies.
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