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Indraprastha Gas (IGL) plans to propose a bonus share issue to its shareholders on December 10. The company aims to reward shareholders by allocating additional shares. The board will finalize the bonus issue ratio and record date on December 10.
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Nuvama Alternative Research estimates that the large-cap cut-off will rise to around Rs 99,200 crore, up from Rs 84,000 crore in June 2024, while the mid-cap threshold is projected to reach approximately Rs 32,400 crore, compared to Rs 27,500 crore in June 2024.
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Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.
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News and Media
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