The NHIT had acquired three highway assets from the NHAI in the last week of September. In all it is seeking to raise ₹3,800 crore for this transaction through a mix of bond issuance, private placement, and bank loan during the second tranche of asset monetisation.
MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.
Tata Investment Corporation posted 69% YoY profit growth to Rs 63.83 crore, driven by strong dividend and investment gains. Revenue surged 143%, while lower taxes
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