IF the updated website of the Lieutenant Governor (L-G) of Puducherry is anything to go by, Kuniyil Kailashnathan, popularly known as ‘KK’ – the retired Gujarat cadre bureaucrat who took oath as L-G on Wednesday – is likely to continue to helm the Gandhi ashram redevelopment project. Sources said KK was hands-on on the ashram project in Ahmedabad till Tuesday. Just a month ago, the Gujarat government had put out a notification confirming that KK would lead the project “until further orders”. While the website of the Sardar Sarovar Narmada…
Tag: double
FPI outflows above Rs 2 lakh crore, double from 2018’s high
[ad_1] (This story originally appeared in . on 16 June 2022) Mumbai: Net Foreign Fund flow away India has crossed the Rs 2 lakh crore mark in 2022, the highest ever annual figure and more than double the previous high of Rs 80,917 crore recorded in 2018. Overall, over 90%, or about Rs 1.9 lakh crore, was on account of selloff by foreign portfolio investors (FPI) in the stock market, the data shown. Galloping inflation, rising current account deficit, a weak currency and the US Fed’s decision to raise rates…
Aegis Shares: Multibagger in the making: Nomura says this logistics stock could double in 12 months!
[ad_1] New Delhi: nomura India says it can double from here. March quarter kitchen gas Volumes have improved materially for this logistics firm, with the foreign brokerage saying in its latest note that the commissioning of the 4 million tonne per annum Kandla LPG terminal will lead to volume growth in FY13. The brokerage has maintained ‘buy’ on the stock with a target of Rs 425, which suggests a 100 per cent potential upside. The stock had closed at Rs 213.35 on Wednesday. Aegis is a play on liquids and…