IIFCL has requested the government to bring the space sector under the harmonized list of infrastructure to facilitate easier financing of satellite vehicle manufacturing in India. The company currently provides advisory services to ISRO and aims to engage in financing space satellite vehicles manufacturing and related areas.
Open FlipReliance Industries' stock has underperformed due to weak refining margins and poor retail top-line growth, but refining margins have rebounded, and retail growth may bottom out soon, making Reliance's fair relative valuations attractive, with potential for positive free cash flow over the next three years.
Open FlipMahaRERA receives applications for deregistration of 19 projects, including a Lokhandwala project and a Dombivli project of Lodha, due to zero booking, financial problems, or non-feasibility, bringing the total to around 400 projects. MahaRERA has approved deregistration of about 200 projects so far.
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