Shares of Hindustan Aeronautics (HAL) jumped 5% to a day’s high of Rs 4,925 following the Cabinet Committee on Security’s approval of a Rs 26,000 crore deal for 240 AL-31 FP aero-engines. These engines will be supplied for Su-30 MKI aircraft of the Indian Air Force (IAF) under the Buy (Indian) category.
Mutual funds will now have to deploy NFO proceeds within 30 days, says Sebi
The Investment Committee may extend the timeline by 30 business days, providing recommendations to ensure timely deployment and ongoing monitoring. Upon receiving reasons for delays,
October 30, 2024