Shares of BLS International rose sharply after the Delhi High Court overturned a two-year ban imposed by the Ministry of External Affairs, allowing the company to participate in future tenders. The ruling removes restrictions that had affected tender participation, while existing contracts and financial outlook remain largely unaffected.
Uday Kotak lauds MUFG stake buy in Shriram Finance but flags big question on next move
Uday Kotak welcomed MUFG Bank’s Rs 39,618 crore investment in Shriram Finance, questioning whether it should remain an NBFC or eventually seek a banking licence