Amrapali case: SC directs RBI to ensure that banks provide funding for stuck projects The Supreme Court also directed homebuyers to clear their dues by October 31, failing which the court receiver may be compelled to cancel their allotments
NBCC assured of monitoring after Amrapali residents raised safety concerns NBCC is involved in the completion of 23 housing projects by Amrapali Developers. The estimated cost of completion of all Amrapali projects is about Rs 8,500 crore.
Stocks in the news: Future Retail, SAIL, NBCC, Grasim, Apollo Hospitals and BSE SAIL posted a consolidated net loss of Rs 1,226.47 crore for the first quarter ended June 30, mainly on account of reduced income.
Prashant Jain-led HDFC AMC sells more shares of RIL, buys mid & smallcaps The AMCs investment team, led by star fund manager Prashant Jain, seems have turned the focus on stocks that are likely to benefit from the recovery in the hinterland and on companies that may benefit from Covid-19 pandemic and from the reopening of the economy.