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Ministers want to move to a "commonhold" system where flat-owners own a share of their buildings.
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The US dollar-denominated bonds will help the company manage its refinancing obligations which are due later this year as it continues to expand its pumped storage and integrated renewable energy projects across India. Greenko, backed by Singapore's GIC and Abu Dhabi Investment Authority (ADIA), is focusing on hybrid clean energy solutions.
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Stocks like HDFC Bank, Bajaj Finance, Hindalco, Ashok Leyland, NTPC, BEL, Chola Finance, JSW Energy, Narayana Hrudayalaya, and SBI Cards look promising on the charts, with potential returns of 58%, analysts said.
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