MOrning India (11/October/22): 1. TCS (Strong growth and demand outlook key positive in Q2); 2. APL Apollo Tubes; 3. India Cement; 4. One97 Communications; 5. Healthcare; 6. Metals Weekly
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TCS: Strong growth and demand outlook key positive in Q2
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IDBI Bank's privatisation process likely to conclude by September 2023
The process of privatisation of IDBI Bank is likely to conclude by September next year, reported PTI citing officials. The financial bids for the sale will be invited by March and the process is expected to conclude by September 2023. Union government along with Life Insurance Corporation (LIC) invited preliminary bids for selling 60.72% stake in IDBI Bank last week. The deadline for putting in Expression of Interest (EoI) is December 16.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
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