The company despatched 34.15 MMT coal, while coal production stood at 34.38 MMT with a growth of nearly 50 per cent by the end of March 31, 2024, the company said in a statement.
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Rakuten Group and Rakuten Bank entered into a memorandum of understanding on the reorganisation, which is expected to take effect in October, the companies said in releases.
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In the base case scenario, Morgan Stanley foresees a 3-6 percent revenue growth guidance in constant currency terms for Infosys.
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Raghavendra Rao, a former deputy managing director at the bank, Narayanan Sadanandan, a former CEO of SBI Pension Funds, and Anoop Krishna, former chief general manager of the corporate group at SBI, will join the private credit fund.
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Rajeshwar Rao also pointed out that regulators must focus on achieving a delicate equilibrium that addresses the critical concerns without imposing an undue burden on regulated entities.
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According to the brokerage, risk reward is unfavorable for the stock with it trading above 1 SD over LT Average.
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