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PD proposes Rs75bn fuel relief scheme

ISLAMABAD: The Petroleum Division has proposed a Rs75 billion Fuel Relief Scheme for three months to provide targeted relief of Rs100 per litre to around 11.8 million users of two-wheelers, three-wheelers and cars up to 800cc amid a sharp increase in petroleum prices triggered by the Gulf crisis. According to a summary submitted to the Economic Coordination Committee (ECC) of the Cabinet, the…

PD proposes Rs75bn fuel relief scheme

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Tata Sons may be valued up to Rs 12.5 lakh cr in IPO

Tata Sons' potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16 lakh crore.

  • Tata Sons may IPO with valuation up to Rs 12.5 lakh crore.
  • IPO faces 41-45% holding company discount and 10-15% IPO price discount.
  • Unlisted portfolio includes ₹40,000 crore in losses.

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