Power Grid Corporation of India’s stock has gained 5.4% due to positive expectations from the forthcoming National Electricity Plan with a capex of Rs 9.2 lakh crore. The company raised its capex guidance and holds a robust work pipeline with strong earnings outlook, supported by significant projects and better dividend yield.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India