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HDFC is looking to collect around Rs 12,000 crore. The QIP component is to be around Rs 7,000 crore and the convertible component around Rs 5,000 crore. This exercise will help to strengthen its balance sheet and boost capital. .......
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Industrial metals climbed after the Federal Reserve’s plan to purchase corporate bonds boosted investor sentiment and as the Trump administration prepares a nearly $1trillion infrastructure proposal to spur growth. ........
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