Unicon Financial Solutions

Taking a bullish stance on shares of Tata group firms, overseas investors have raised their exposure in 12 companies of the the salt-to-software conglomerate including giants like Tata Consultancy Services (TCS), Tata Steel and Tata Motors.

Bolstered by hopes of robust demand in the ongoing festive season, shares of jewellery retailers, including Tribhovandas Bhimji Zaveri, have given as much as 34 per cent higher returns to investors so far this month.

Late on Friday evening, the government allowed 51 per cent foreign investment in multi-brand retail, 49 per cent investment by foreign airlines in aviation and raised theFDI cap in broadcasting from 49 per cent to 74 per cent.

Taking a bullish stance on shares of Tata group firms, overseas investors have raised their exposure in 12 companies of the the salt-to-software conglomerate including giants like Tata Consultancy Services (TCS), Tata Steel and Tata Motors.

Bolstered by hopes of robust demand in the ongoing festive season, shares of jewellery retailers, including Tribhovandas Bhimji Zaveri, have given as much as 34 per cent higher returns to investors so far this month.

Late on Friday evening, the government allowed 51 per cent foreign investment in multi-brand retail, 49 per cent investment by foreign airlines in aviation and raised theFDI cap in broadcasting from 49 per cent to 74 per cent.