​Under discussion is a plan to amend FDI rules so that investors can pick up the stake without the government’s approval under the so-called automatic route.

The deal was reached with Hindalco Industries and benchmarked to a 90-day SOFR financed by Axis Bank’s GIFT City branch, the lender said, adding that the GIFT City branch had set up a loan book exceeding $1 billion.

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 892012.46 Crore).

“Specialty chemicals and textiles and maybe some other small categories are going to benefit from developments in China.”

In the Nifty50 index, 19 stocks were trading in the green, while 30 stocks were in the red.

Tech Mahindra Ltd. key Products/Revenue Segments include Software Services for the year ending 31-Mar-2021.

The stock traded at a P/E multiple of 93.34, while the price-to-book value ratio stood at 16.45.

On the technical charts, the 200-day moving average of the stock stood at Rs 121.17.

Vijay Kedia owned 3,000,000 shares or 1.83 per cent stake in Vaibhav Global at the end of the September quarter, the same as at the end of June quarter.

A total of 854,538 shares changed hands on the counter till 12:03PM (IST)