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New Delhi: Markets regulator <keyword id="19901201" type="General" weightage="100" keywordseo="Sebi" source="keywords">Sebi</keyword> has proposed allowing Real Estate Investment Trusts (<keyword id="20186402" type="General" weightage="20" keywordseo="REITs" source="keywords">REITs</keyword>), Small and Medium REITs (SM REITs) and Infrastructure Investment Trusts (<keyword id="20186403" type="General" weightage="20" keywordseo="InvITs" source="keywords">InvITs</keyword>) to use <keyword id="21737868" type="General" weightage="20" keywordseo="interest-rate-derivatives" source="keywords">interest rate derivatives</keyword> for <keyword id="23778373" type="General" weightage="20" keywordseo="hedging-risk" source="keywords">hedging risk</keyword>. Also, the regulator has suggested approving locked-in units for REITs and InvITs to be transferred among sponsors and their groups, similar to rules for promoters in listed companies, to help sponsors manage their holdings without compromising "skin in the game". Additionally, Sebi has suggested permitting fixed deposits to be considered as cash equivalents when calculating leverage for REITs and InvITs, clarifying credit rating requirements for REIT and InvIT borrowings, and setting a timeline for filling vacancies on their boards and expanding the asset base for REITs and SM REITs. The regulator has also proposed to permit REITs to invest in liquid mutual funds. It has suggested measures to facilitate ease of doing business for REITs and InvITs, along with investors' protection. According to its consultation paper, Sebi is considering allowing REITs and InvITs to hedge against interest rate fluctuations by using derivatives like interest rate swaps. This could help stabilise cash flows, reduce risks, and protect unitholder interests, especially for long-term infrastructure projects. It is also proposed to define "Common Infrastructure" for REIT regulations. To enhance business flexibility for REITs, it has been proposed to clarify that facilities like power plants, heating/cooling systems, water treatment, and waste treatment plants -- serving one or more REIT assets -- will qualify as "common infrastructure" under REIT rules. This applies even if these facilities are not located within a single project due to their technical requirements. These facilities should supply and be used exclusively by REIT assets. For power plants, however, any excess power can be sold to the state utility/grid as per regulations, with any credits or payments going towards the benefit of REIT assets. To improve transparency, it has been proposed to amend the governance norms for quarterly reporting of InvITs. Currently, quarterly results for the investment manager and its business segments are presented to the investment manager's board, but there is no direct requirement for InvITs to report their performance. The proposed amendment would clarify that quarterly results should specifically reflect the performance of the InvITs themselves, not just the investment managers. This change aligns InvIT regulations with REIT regulations, where the focus is on the quarterly results of the REIT itself. Also, it has been suggested to align the composition of NRCs in REIT and InvIT managers with listed companies under the LODR regulations. Currently, all NRC members for REITs and InvITs must be independent directors. The proposal allows a mix of independent and non-executive directors, similar to listed companies. To enhance investors' protection, Sebi has suggested reviewing conditions for InvITs to borrow beyond the 49 per cent limit, assessing REIT investments in unlisted equity shares and outlining the roles and responsibilities of trustees for REITs, InvITs, and SM REITs. In a separate consultation paper, the regulator has proposed a regulatory framework for "restricted return InvITs" to provide infrastructure investors with predictable returns by setting limits on both upside gains and downside protection. The proposed framework for restricted return InvITs is designed to provide investors with structured returns, capped at both minimum and maximum levels to offer stability. Restricted return InvITs would include downside protection -- a minimum assured return -- and/or an upside restriction, a cap on returns -- depending on the arrangement. These investments would be limited to sophisticated investors who meet high minimum investment thresholds, with each unit priced at a minimum of Rs 500 crore and total InvIT assets of at least Rs 50,000 crore. Investors would be required to sign a waiver and undertaking form, acknowledging their understanding of the structured returns and risks involved, including the transfer of any excess returns to the sponsors. This waiver should be submitted before purchase in both primary and secondary markets, with compliance overseen by merchant bankers or brokers. The Securities and Exchange Board of India (Sebi) has sought public comments on both consultation papers by November 13.

Sebi proposes to allow InvITs, REITs, SM REITs to use interest rate derivatives for hedging risk

The Ambani-Merchant nuptials, culminated in a lavish ceremony in Mumbai after a series of celebrations spanning multiple countries over the past four months. Notably absent from the Mumbai reception, however, was Congress leader and Leader of Opposition in the Lok Sabha, <keyword id="19895780" type="General" weightage="20" keywordseo="Rahul-Gandhi" source="keywords">Rahul Gandhi</keyword>. Reports suggest that billionaire <keyword id="19916798" type="General" weightage="20" keywordseo="Mukesh-Ambani" source="keywords">Mukesh Ambani</keyword> had personally invited Rahul Gandi and Sonia Gandhi for his son Anant Ambani’s wedding. These speculations arose after the businessman was seen arriving at 10, Janpath. Sources close to Gandhi, however, had firmly denied his attendance, underlining a strategic move to reassert his image as a leader connected to the common citizen. Amid the celebrations, Rahul Gandhi was seen adressing a crowd of people. Talking about the grandeur of the event being held at the Jio World Convention Centre, he sardonically remarked how all of this was happening while the public was suffering. <div type="twitter" handle="pbhushan1" handlename="pbhushan1" favoritecount="0" retweetcount="0" id="1812340770860413030"></div>Further, a video of the 54-year-old Congress leader waiting for his order at a Delhi pizzeria has gone viral. And many speculate that the timing of this co-incided with some of his allies attending the Ambani event. <div type="twitter" handle="mr_mayank" handlename="mr_mayank" favoritecount="0" retweetcount="0" id="1812210852042572052"></div>While Gandhi's decision to abstain is seen as a deliberate stance against what he critiques as “crony capitalism”, particularly under the current <keyword id="20360422" type="General" weightage="20" keywordseo="NDA-government" source="keywords">NDA government</keyword>, some of his allies and colleagues from his party such as Abhishek Manu Singhvi and Mamata Banerjee graced the occasion. Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> also attended the Ambani-Merchant reception to give his blessings to the happy couple. Andra Pradesh CM Chandrababu Naidu was also in attendance. Read: <a href="https://www.businessinsider.in/india/news/pm-narendra-modi-attends-anant-ambani-and-radhika-merchants-star-studded-wedding-event/articleshow/111719695.cms" data-type="tilCustomLink">PM Narendra Modi attends Anant Ambani and Radhika Merchant's star-studded wedding event</a> Amit Malviya, the national head of the Bharatiya Janata Party's IT cell, took a swipe at Gandhi's absence, insinuating that the Congress leader might be abroad, a notion that has stirred controversy in political circles. Malviya's comments also alluded to the participation of opposition leaders in the wedding festivities, contrasting sharply with their criticisms of prominent industrialists like Ambani and Adani. The <keyword id="20727512" type="General" weightage="20" keywordseo="Ambani-wedding" source="keywords">Ambani wedding</keyword> saga, from its extravagant pre-wedding celebrations in Gujarat and Italy to the final celebrations in Mumbai, has been a magnet for media attention, showcasing the elite social circle of the Ambani family. While a majority of the festivities have come to an end, the event continues to attract equal parts admiration and scrutiny, particularly around the intricate web of political dynamics that surround them. Related: <a href="https://www.businessinsider.in/entertainment/news/meet-the-rich-and-famous-people-in-mumbai-for-the-ambani-wedding/slidelist/111694174.cms" data-type="tilCustomLink">Meet the rich and famous people in Mumbai for the Ambani wedding</a>

Rahul Gandhi takes dig at politicians attending Ambani wedding bash while commoners are “dying of hunger”

<ul class="summary-list"><li>Nvidia's stock fell 5% despite strong Q2 earnings, which Wall Street views as a buying opportunity.</li><li>Q3 revenue guidance of $32.5 billion beat average estimates but missed higher forecasts of nearly $38 billion.</li></ul><a target="_blank" class="" href="https://markets.businessinsider.com/stocks/nvda-stock">Nvidia's</a> stock price decline on Thursday represents a buy-the-dip opportunity for investors, according to a chorus of Wall Street analysts and portfolio managers.Nvidia shares declined as much as 5% after it reported strong second-quarter earnings results, <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/nvidia-stock-price-q2-earnings-results-nvda-outlook-jensen-huang-2024-8">signaling that investor expectations were too high.</a>Third-quarter <a target="_blank" class="" href="https://www.businessinsider.com/nvidia-earnings-call-live-updates-nvda-stock-2024-8">revenue guidance was $32.5 billion,</a> which was ahead of average analyst estimates of $31.9 billion but well below some sky-high estimates of nearly $38 billion.Still, analysts say Nvidia's results reinforced the idea that the company still has a long runway to ship hundreds of billions of dollars worth of AI-enabled GPUs over the next few years.Here's what Wall Street is saying about Nvidia's earnings results.<h2 id="dcefd261-0aa3-4bba-8bf5-af77856448eb">Bank of America: 'Ignore quarterly noise'</h2>Bank of America analyst Vivek Arya reiterated his "Buy" rating on Nvidia, called it a "top sector pick," and raised his price target to $165 from $150, representing potential upside of 36% from current levels.While Arya admitted that Nvidia's next-generation Blackwell chip delay of a couple months could lead to a "good not great" third-quarter, its prospects are too strong to ignore."We continue to believe in NVDA's unique growth opportunity, execution and dominant 80%+ share as generative AI deployments are still in their first 1 - 1.5yr of what is at least a 3 - 4 year upfront investment cycle," Arya said.He added: "Importantly, next-gen AI models will require 10x-20x more compute power to train (Blackwell only 3x - 4x more compute over Hopper)."And that should mean thatdemand for Nvidia's chips probably won't decline when it introduces its next-next-generation GPU chip, Rubin, which is expected to be released in 2026.Finally, Arya said Nvidia offers investors a "compelling valuation" at a 30x to 35x price-to-earnings ratio based on 2025 estimates, with earnings per share expected to grow 40%.<h2 id="54c14148-db7c-4f8d-be71-4bd921d1f83a">JPMorgan: Blackwell chip delay won't impact 2025 revenue</h2>JPMorgan said the expected two-month delay in Nvidia's Blackwell chip rollout won't negatively impact the company's expected revenue profile in 2024 and 2025."Demand for Blackwell is very strong and will outstrip supply at least through the middle of CY25, in our view," JPMorgan analyst Harlan Sur said.The surprisingly strong demand for Nvidia's previous-generation Hopper chip is helping fill the revenue gap left by Blackwell and has upside potential "given the strong AI demand environment," Sur said."Bottom line, the team continues to maintain a 1- 2 step lead ahead of competitors with its silicon/hardware/software platforms, and a strong ecosystem and the team is further distancing itself with its aggressive cadence of new product launches and more product segmentation over time," Sur said.JPMorgan reiterated its "Overweight" rating and increased its price target to $155 from $115, representing potential upside of 27% from current levels.<h2 id="9acdb434-c7c6-43fa-89ac-e309e28885f3">Goldman Sachs: Nvidia offers balanced risk-reward profile</h2>Goldman Sachs analyst Toshiya Hari was encouraged by Nvidia's expected Blackwell product ramp in the fourth quarter, the continued strength of Hopper, and a doubling of revenue in Nvidia's Networking business.The analyst said in the most bullish scenario, Nvidia shares could soar 89% to $230 per share if the company can deliver a year-over-year growth rate of 100% for its Data Center business next year.Hari's most bearish scenario includes a 60% stock price to $47 based on a 25% year-over-year decline in Nvidia's Data Center revenue from major cloud players.And ultimately a 90% upside scenario versus a 60% downside scenario represents an attractive risk/reward profile for investors.<h2 id="9ef3a8c2-a937-482b-8197-71ad2e86d016">Wall Street Portfolio Managers</h2>Wall Street professionals who manage money for clients are viewing Nvidia's stock price decline as an opportunity to buy more shares.In e-mails to Business Insider, here's what they had to say.Nancy Tengler, CEO and CIO of Laffer Tengler Investments"We think the sell-off is an opportunity to accumulate the stock. This is not the internet bubble. Old economy companies are embracing AI to improve margins and the hyperscalers are still scaling to the tune of about $50MM each + around 79% yoy," Tengler said.John Belton, portfolio manager at Gabelli Funds"This was a solid 'thesis validation' quarter. Everything for the most part is on track. Earnings expectations are moving higher. As long-term investors, we are not going to be bothered by the idea that beating expectations is somehow boring. That said, the thought of Nvidia becoming boring would probably be a healthy thing for the stock and for the stock market more broadly," Belton said.James Demmert, CIO of Main Street Research"The pullback in Nvidia's stock is an invitation for investors to buy the stock," Demmert said. "Especially for investors who missed the even bigger buying opportunity with Nvidia that came about in early August."He added: "The strength in Nvidia's quarter showed that its valuation is justified and that the stock has more room to run."

Wall Street says Nvidia's post-earnings dip is an 'invitation to buy'

Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around USD 3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years. Addressing CEOs of the large US tech firms on Sunday, Modi said India will make every effort to become the third largest economy in the world in his third term (2024-29). Companies should take advantage of India's growth story for collaboration and innovation by co-developing, co-designing, and co-producing in India for the world, harnessing the opportunities from the country's economic and technological growth, he said. Assuring the business leaders of India's deep commitment to the protection of intellectual property and to fostering tech innovation, Modi highlighted the economic transformation happening in the country, particularly in electronics and information technology manufacturing and semiconductors. Modi asserted that his government was committed to making India a "global hub of <keyword id="20073013" type="General" weightage="20" keywordseo="semiconductor-manufacturing" source="keywords">semiconductor manufacturing</keyword>". The meeting took place at the Lotte <keyword id="19904497" type="General" weightage="20" keywordseo="New-York" source="keywords">New York</keyword> Palace Hotel on Sunday during the second leg of Modi's three-day US visit. It saw the participation of CEOs of 15 major US-based firms working on cutting-edge technologies such as AI, quantum computing and semiconductors. "Had a fruitful roundtable with tech CEOs in New York, discussing aspects relating to technology, innovation and more. Also highlighted the strides made by India in this field. I am glad to see immense optimism towards India," Modi said in a post on X. During the conference, Modi said technology collaboration and efforts such as the Initiative on Critical and Emerging Technologies (ICET) lie at the core of the India-US Comprehensive Global Strategic Partnership, according to a Ministry of External Affairs press release. Organised by the Massachusetts Institute of Technology (MIT) School of Engineering, the CEOs of top US tech firms, including Google CEO Sundar Pichai, Adobe CEO Shantanu Narayena, Accenture CEO Julie Sweet and NVIDIA CEO Jensen Huang attended the meeting. Others who participated in the roundtable included AMD CEO Lisa Su, HP Inc. CEO Enrique Lores, IBM CEO Arvind Krishna, Dr Noubar Afeyan, Chairman of Moderna, and Verizon CEO Hans Vestberg. Modi also talked about India's BIO E3 (biotechnology for environment, economy and employment) policy to develop the country into a biotech powerhouse and on the topic of AI, noted that India's policy is to promote AI for all, underpinned by its ethical and responsible use. The CEOs appreciated India's growing prominence as a global technology hub, driven by its innovation-friendly policies and flourishing market opportunities. They also expressed strong interest in investing and collaborating with India, agreeing that investing in startups would be a synergistic opportunity to innovate and develop newer technologies in the country. Others who attended the conference included Biogen Inc CEO Chris Viehbacher, CEO of Bristol Myers Squibb, Chris Boerner, Eli Lilly and Company CEO David A. Ricks, LAM Research CEO Tim Archer, GlobalFoundries CEO Thomas Caulfield, and the CEO of Kyndryl, Martin Schroeter. "Further cementing technology and business connect. PM @narendramodi interacted with the top tech leaders and CEOs of USA, in a Roundtable hosted by the Massachusetts Institute of Technology School of Engineering, in New York today. PM emphasised India's growth prospects and discussed initiatives to foster collaborations and innovation across diverse sectors," the official account of the MEA said in a post on X. The prime minister had a separate meeting with Krishna P Singh, CEO of Holtec International, which is into nuclear and solar power generation. They discussed Holtec's plan for expanding manufacturing in India and advancing energy cooperation, PMO India said in a post on X. Earlier on Sunday, Modi addressed the <keyword id="20115166" type="General" weightage="20" keywordseo="Indian-diaspora" source="keywords">Indian diaspora</keyword> at the packed Nassau Veterans Coliseum on Long Island in New York. He also held bilateral meetings with world leaders at the sidelines of the UN General Assembly session here. Modi reached New York on Saturday after attending the Quad Leaders' Summit hosted by President Joe Biden in Wilmington, Delaware. <div type="Article" hostid="261" msid="113516805" title="Why is Indian Prime Minister Narendra Modi visiting the US this weekend?" mstype="2" mssubtype="0"></div>

PM Modi invites US CEOs to take a 'byte' out of India's growing technology sector

<ul class="summary-list"><li>I've received lots of wedding invitations over the past few years.</li><li>Many of the weddings I've been invited to have required me to travel.</li></ul>I don't know whether the influx of <a target="_blank" class="" href="https://www.businessinsider.com/attending-strangers-weddings-to-make-friends-2024-2">wedding invites</a> I've received is a byproduct of the many celebrations that got delayed due to the COVID-19 pandemic or a rite of passage for anyone approaching their late 20s.Either way, the last few years have filled my calendar — and the outside of my refrigerator — with many an invitation and <a target="_blank" class="" href="https://www.businessinsider.com/when-to-send-save-the-dates-wedding-invitations-what-to-include">save the date</a>. Many of these invitations have also required me to travel.To maximize pricey flights, I've leveraged weddings to explore places like <a target="_blank" class="" href="https://www.businessinsider.com/palm-beach-county-florida-migration-businesses-financial-services-new-york-2021-4">West Palm Beach</a>, Cleveland, and even my own city. Here's how I've created the perfect marriage between wedding and personal travel.<h2 id="479eb4e0-cd7b-4286-a0cc-36e92b0a1640">I stay open and flexible to spur-of-the-moment experiences.</h2><div type="image" title="Anna stands on the porch of the house featured in &quot;A Christmas Story.&quot;" height="3024" width="4032" msid="112497156" hostid="261" sizebytes="1104876"></div>Sandusky, Ohio, doesn't exactly scream "getaway," but for my cousin's wedding, my boyfriend and I embarked on a Midwest road trip.While driving, I discovered two things: "A Christmas Story" was filmed in Cleveland, and my boyfriend had never tried <a target="_blank" class="" href="https://www.businessinsider.com/waffle-house-vs-ihop-breakfast-which-is-better-review-2023-9">Waffle House</a>.Before we even arrived at our hotel, we mapped out our return, making sure to hit the iconic filming location and the famous chain restaurant on the way home. I loved that attending the wedding gave us a reason to explore the area and try new things.Once in Sandusky, I maintained that eagerness, visiting Lake Erie, <a target="_blank" class="" href="https://www.businessinsider.com/review-trying-culvers-first-time-dont-like-fast-food-worth-it-2023">trying Culver's</a> custard, and exploring Marblehead Lighthouse.<h2 id="8cbfe613-b82b-404f-89c3-f5d6f777b5df">To manage expectations, I've learned to treat each wedding trip as an introduction to a place.</h2>A few years ago, I planned my first post-wedding <a target="_blank" class="" href="https://www.businessinsider.com/underrated-things-to-do-in-miami-2018-5">trip to Miami</a> after a friend's West Palm Beach ceremony.While I enjoyed Miami, I chastised myself for everything I'd missed in the Palm Beaches. Beyond visiting the Norton Museum of Art, I saw little of West Palm.Since then, I've adjusted my expectations. I have neither the time nor energy to do everything, so I regard wedding trips as city introductions rather than the end-all-be-all of tours.This mindset has minimized the pressure I place on my vacations and inspired future travels.<h2 id="8b5468fd-d7e1-4a58-8a36-e40ba95cee84">Even when weddings occur close to home, I embrace the art of the staycation.</h2><div type="image" title="Buildings and a narrow pier near a lake." height="2268" width="3024" msid="112497161" hostid="261" sizebytes="822890"></div>Last summer, I attended a wedding on Lake Canandaigua, just an hour from my Rochester, New York, apartment. While I could've commuted, the venue had been on my radar since moving upstate, so I booked a room.That decision was well worth the hotel cost; I jumped in the lake countless times, caught up with college friends, and sipped riesling: the Finger Lakes' claim to fame.That wedding also sparked my interest in the other Finger Lakes and refreshed my perspective on my surroundings.<h2 id="e778a80a-792b-4fe3-b6d9-79223b5bf27b">I try not to jam-pack my schedule after the wedding festivities are over. </h2>I'm planning on attending a wedding at the Chicago Botanic Garden soon. Although I'd initially planned for an extra day in the city, I realized my hotel was actually an hour away from the city center.In order to conserve my energy, I've since adapted my trip to tour Chicago's North Shore and the chic, much closer suburb of Lake Forest, Illinois.Beyond those activities, however, I'm leaving the rest of my day open. After a weekend of wedding events, I'll likely feel worn down and ready to recharge. Although weddings are structured to the hour, wedding trips can balance out the frenzy of a celebratory weekend.

I was sick of spending my travel budget on weddings, so now I turn every invitation into a vacation

The recently-crowned <keyword id="22332912" type="General" weightage="100" keywordseo="T20-world-champion" source="keywords">T20 world champion</keyword> <keyword id="19994380" type="General" weightage="20" keywordseo="Indian-cricket-team" source="keywords">Indian cricket team</keyword> has been invited to celebrate its triumph in <keyword id="19926427" type="General" weightage="20" keywordseo="Maldives" source="keywords">Maldives</keyword> by the country's <keyword id="22332913" type="General" weightage="20" keywordseo="tourism-association" source="keywords">tourism association</keyword> and its marketing and public relations corporation. The Rohit Sharma-led Indian team won the trophy in <keyword id="20398397" type="General" weightage="20" keywordseo="Barbados" source="keywords">Barbados</keyword> after beating South Africa by seven runs in the final on June 29. "Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives) in collaboration with the Maldives Association of Tourism Industry (MATI) have jointly extended a special and open invitation to the Indian National Cricket Team," the two bodies said in a joint statement. Ibrahim Shiuree, the CEO and Managing Director of MMPRC, and Ahmed Nazeer, Secretary General of MATI, said they look forward to hosting the team, which returned to India on Thursday last week. It was welcomed by frenzied fans in both Delhi and Mumbai, which also played host to a victory parade featuring lakhs of supporters. "We would be honoured to host you and ensure that your stay is filled with memorable moments, relaxation, and bespoke experiences," Shiuree and Nazeer said in in the joint statement. They said the invitation also highlights the strong and long-standing cultural and sporting ties between the Maldives and India. "It would be an immense honour for the Maldives to welcome the Indian Cricket Team and share in the joy of their triumph," Shiuree further said. "We eagerly await the opportunity to host them, offering the perfect setting for them to create lasting memories of their <keyword id="20400247" type="General" weightage="20" keywordseo="victory-celebration" source="keywords">victory celebration</keyword>," he added. The team is currently on a break. Its next international assignment is a six-match limited-overs series against <keyword id="19931726" type="General" weightage="20" keywordseo="Sri-Lanka" source="keywords">Sri Lanka</keyword> beginning July 27. The series comprises three ODIs and as many T20 Internationals.

Maldives' tourism body invites T20 world champ Indian team to celebrate trophy there

<ul class="summary-list"><li>Danielle Lum is a 59-year-old in Honolulu who recently officiated a wedding for a family member.</li><li>She remembered the first wedding she ever attended. It was her Kindergarten teacher's wedding.</li></ul>This as-told-to essay is based on a conversation with Danielle Lum. It has been edited for length and clarity.Way back when I was in kindergarten in 1969, my teacher, Miss Loui, surprised our class of about 25 kids with <a target="_blank" class="" href="https://www.businessinsider.com/when-to-send-save-the-dates-wedding-invitations-what-to-include">invitations to her wedding</a>."I'm getting married, and I'd like you to be there," she told us.Miss Loui <a target="_blank" class="" href="https://www.businessinsider.com/high-school-teacher-what-parents-should-teach-kids-about-jobs-2022-10">was a young teacher</a>, I think fresh out of college. I remember her being warm, always giving us hugs, and creating an inviting, friendly classroom. Inviting us to her special day was just an extension of her kindness to us.I had <a target="_blank" class="" href="https://www.businessinsider.com/attending-strangers-weddings-to-make-friends-2024-2">never been to a wedding before</a>, and I am pretty sure most of my classmates hadn't either.When she gave us our invitations, she explained what a wedding was — a big event to celebrate marriage. She said that because it was a <a target="_blank" class="" href="https://www.businessinsider.com/churches-converted-into-homes-2020-7">small church</a>, each of us could invite just one parent.<h2 id="1f9776e1-978f-492d-9959-be156a16af89">We practiced what would happen on her wedding day</h2>In the weeks leading up to her wedding, we practiced being a guest. Miss Loui taught us how to greet each other, told us not to yell at each other in the church, showed us <a target="_blank" class="" href="https://www.businessinsider.com/handshakes-around-the-world-2-2017">how to shake hands</a>, and instructed us about sitting still while the ceremony was happening.She warned us that our classmates would be dressed differently than they were in school. Girls would most likely be in pretty dresses and boys in trousers with aloha shirts.When she said that she would kiss her husband at the altar, we all giggled but were quickly told that giggling wouldn't allowed on the actual day.She told us that even though she would be glad we came, she might not see or smile at us as she walked down the aisle with her dad.The <a target="_blank" class="" href="https://www.businessinsider.com/career-change-gen-z-gay-training-ordained-priest-church-2023-10">priest would talk</a>, and it might be a bit boring. After the wedding, there would be refreshments, and we would only be allowed one sandwich and one cookie.We felt we knew exactly what was going to happen — she had fully prepared us.<h2 id="af40299f-e222-4c97-bacf-f29554ca909b">It was a bold choice to invite everyone, but I still remember the day</h2>However, looking back, I'm sure she must have been a little bit nervous. We were only little, and so much could have gone wrong. There was one little boy known for running wild around the classroom. He, too, was invited. She was quite brave in her decision to ask not just a select few, but the whole class to come.On the wedding day, the majority of my classmates and their parents showed up. What I recall most clearly is seeing my classmates dressed up. Everyone looked so proper and put together. My mom and I found our seats as the wedding began.She walked down the aisle and was so beautiful. She winked and smiled at me as she passed by. Everything she taught us was performed on that day. Even the boy who normally was wild in the class, was tame on Miss Loui's wedding day.That day is forever remembered by all of us who attended. We still see each other often and talk about Miss Loui, now Mrs. Chang, and how unusual it was for her to invite us to her wedding.As important as learning to write and do math is, what children remember most is a teacher who made a difference in their lives. Were they loved, hugged, and made to feel special? Miss Loui did all of this and entrusted us with attending one of the most important days of her life.I know schooling has changed since the late 60s, but it is a shame that there isn't more space amid the curriculum and objectives for teachers to have the flexibility to do lessons like this.At least 20 years after kindergarten, I turned around when someone asked, "Is that Danielle?" It was Mrs. Chang. I was instantly 5 years old again, gobsmacked that she remembered me all those years later.

When I was in Kindergarten, my teacher invited the whole class to her wedding. She taught us how to behave, and it's a memory I still have. 

New Delhi, Fair trade watchdog CCI on Monday invited request for proposals from entities to carry out a detailed market study on <keyword id="19904566" type="General" weightage="20" keywordseo="Artificial-Intelligence" source="keywords">artificial intelligence</keyword> and its impact on competition that will cover various aspects, including the ways AI-driven personalised recommendations, services and pricing influence <keyword id="21386825" type="General" weightage="20" keywordseo="Consumer-Choices" source="keywords">consumer choices</keyword>. The proposed market study on 'Artificial Intelligence and Competition' also comes at a time when the growing use of AI across industries has given rise to novel questions around its implications for competitive dynamics in markets. Issuing the Request for Proposal (RFP) document to engage an agency/institution for conducting the study, the CCI said the transformative capabilities of AI have significant pro-competitive potential, both on the supply and the demand side, and at the same time, there may be concerns with regard to potential competition risks stemming from the use of AI. The last date for submitting the bids is June 3 and after technical presentations by the entities, the deadline for the financial bids is June 28. Among the various aspects, the study will look at whether and in what manner can AI facilitate and/or implement <keyword id="21386826" type="General" weightage="20" keywordseo="Anti-competitive-Strategies" source="keywords">anti-competitive strategies</keyword> as well as the novel strategies aided by AI that can lead to anti-competitive outcomes. The new forms of collusion prompted by the use of AI such as self-learning algorithms and whether bias in <keyword id="20153346" type="General" weightage="20" keywordseo="AI-Algorithms" source="keywords">AI algorithms</keyword> can impact competition will also be examined during the study. Other elements that will be covered include "how do AI-driven personalised recommendations, services and pricing influence consumer welfare and choice", "what are the synergies and risks that may stem from M&amp;As involving firms with AI capabilities" and "what are the specific factors/parameters that need to be considered in assessing competitive effects of such M&amp;As". Through the study, the <keyword id="20115755" type="General" weightage="20" keywordseo="Competition-Commission" source="keywords">Competition Commission</keyword> of India (CCI) will also seek to understand the main sources of competitive advantage and disadvantage for AI adopters and non-adopters, and how AI technologies influence the entry and exit barriers, market concentration, innovation incentives, and market power of firms. Further, it will look to "understand trends and patterns of AI and to ascertain enforcement and advocacy priorities of the Commission with respect to AI and its application in markets," as per the document. Among others, the study will look at the existing and evolving regulatory/legal frameworks governing AI systems and applications in India and other major jurisdictions and also reach out to the relevant stakeholders. In a recent interview to PTI, CCI Chairperson Ravneet Kaur said that AI and machine learning can drive efficiency and innovation but also raise concerns related to market concentration and potential anti-competitive behaviour. The CCI has the mandate to promote competition and curb anti-competitive practices in the marketplace. SEE ALSO:<a href="https://www.businessinsider.in/business/telecom/news/telecom-companies-may-hike-tariffs-by-up-to-17-after-the-general-elections-as-per-analysts/articleshow/109240274.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/telecom/news/telecom-companies-may-hike-tariffs-by-up-to-17-after-the-general-elections-as-per-analysts/articleshow/109240274.cms" target="_blank">Telecom companies may hike tariffs by up to 17% after the general elections, predict analysts</a><a href="https://www.businessinsider.in/tech/news/playstation-5-is-now-available-at-a-discount-of-10000-for-a-limited-period/articleshow/109183034.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/playstation-5-is-now-available-at-a-discount-of-10000-for-a-limited-period/articleshow/109183034.cms" target="_blank">PlayStation 5 is now available at a discount of ₹10,000 for a limited period</a><a href="https://www.businessinsider.in/business/auto/news/ev-sales-expected-to-grow-by-over-65-in-2024-double-its-overall-market-share/articleshow/109155691.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/ev-sales-expected-to-grow-by-over-65-in-2024-double-its-overall-market-share/articleshow/109155691.cms" target="_blank">EV sales expected to grow by over 65% in 2024, double its overall market share</a>

Competition Comm to conduct detailed study on AI; invites proposals from entities

<ul class="summary-list"><li>I recently threw a birthday party for my soon to be 7-year-old.</li><li>Last year we invited the entire class, however this year my son wanted to exclude some kids.</li></ul>If you had told me a year ago that I would be stressing out planning a <a target="_blank" href="https://www.businessinsider.com/family-canceled-kids-birthday-parties-went-to-new-york-city-2023-2">birthday party</a> for my soon-to-be 7-year-old, this sleep-deprived mom would have chuckled in disbelief. The <a target="_blank" href="https://www.businessinsider.com/kids-party-planner-rich-success-requests-2024-3">party planning</a> started off smoothly. It was super easy securing a place to host the event and surprisingly fun shopping for the food and favors. However, when it came to deciding who to invite to this spring soiree, the mood got heavy in a hurry.<h2 id="71387f06-9f63-4f9a-b950-d9da9b4e9bcb">I wondered if my son was becoming a mean kid</h2>My <a target="_blank" href="https://www.businessinsider.com/photos-target-birthday-party-unique-ideas-2020-2">plan was to invite the whole class</a> just like we did the previous year, but when I mentioned this to my son, he was not on board. He wanted to exclude certain kids he said were annoyings surprised. They seemed so sweet during school drop-offs, and I really liked their parents. "No, Mom, I don't want to invite them," he said as we sat together <a target="_blank" href="https://www.businessinsider.com/bluey-event-las-vegas-kids-parents-angry-disappointed-underwhelming-restaurant-2024-5">watching "Bluey"</a> on the couch.I couldn't believe this. When I was his age, you either invited the whole class or no one. I had no idea how to navigate this. I then chatted with some of my mom friends and they also said they hadn't invited the entire class for their kids' parties. I remember how horrible I felt in fourth grade when I was <a target="_blank" href="https://www.businessinsider.com/ellen-degeneres-dakota-johnson-birthday-party-invitation-video-2019-11">excluded from an event</a>, and I vowed as a mom never to let that happen again. I didn't want to make a big deal out of this, certain that he was just tired and would change his mind. I brought it up gently again after dinner, and he started crying, "No, mama, please, I don't want them there." I was so confused; how bad could these kids be? I spoke with his teacher as well as some of his friends, maybe I was missing something and my son <a target="_blank" href="https://www.businessinsider.com/how-facing-my-sons-bullies-helped-heal-wounds-my-past-2022-4">was being bullied</a>? Luckily it wasn't anything like that, the kids just tended to be a bit more rambunctious and, as my son described, kind of annoying. But still, they are only first graders, and I didn't want to leave them out.<h2 id="d7733bfd-ec0a-41ac-936a-84a8b89a488c">I stopped pushing him about it</h2>I needed some guidance, so I reached out to seasoned child psychologist Emily Edlynn, who recently wrote the book "<a target="_blank" href="https://affiliate.insider.com?h=28ac7bdb9db0d526058fb4d16eb725e65754826e967f3ae12090607da556f342&amp;postID=665778bce8c5c45414079d5c&amp;postSlug=birthday-planning-classroom-drama-resolved-2024-6&amp;site=bi&amp;u=https%3A%2F%2Fwww.amazon.com%2FAutonomy-Supportive-Parenting-Parental-Competent-Confident%2Fdp%2F1641709766%2Fref%3Dsr_1_1%3Fcrid%3D1DH8CZVXQ2PQZ%26dib%3DeyJ2IjoiMSJ9.8XP5dPkb9r7nai6TxPO5TbpjTSqzR8wznrwCNxMAKC4.PhkczKaspAvU-ys0H3TAwFodIkUUY8PTd9x9fxlRz-s%26dib_tag%3Dse%26keywords%3Dautonomy-supportive%2Bparenting%2Breduce...%2Bby%2Bedlynn%252C%2Bemily%26qid%3D1715364205%26sprefix%3Dautonomy%2Bsupportive%252Caps%252C131%26sr%3D8-1">Autonomy-Supportive Parenting: Reduce Parental Burnout and Raise Competent, Confident Children."</a>Edynn suggested I resist the urge to push the subject as it would certainly "backfire in potentially spectacular ways," as demonstrated by his latest crying session. She recommended I frame the conversation around the types of values our family encourages.I asked him how he felt when he wasn't invited to an event and reminded him how important it is to always be kind. I didn't push him on it, even as we secured the venue together and chatted about which snacks to bring. Edylnn also mentioned using this as an opportunity to nurture his emotional intelligence, stating, "Help your son practice empathy and perspective-taking by asking him what it might feel like for the uninvited kids to know about his party." When I brought it up through that lens, he just shrugged and went back to playing with his Lego bricks.<h2 id="1e5352ba-4075-4c05-90e2-2f3cf84ae703">He got there on his own, and I'm so proud</h2>The day finally came to pass out the invitations to his classmates. I handed him the Ziploc bag containing the invites, and suddenly, he looked up at me and, completely unprovoked, asked, "Mama, what do you think? Maybe we should invite those kids? I mean, I don't think they get invited to many birthday parties." I was floored. I couldn't believe this. I hugged him but didn't make too big a deal out of it. Of course, on the inside, I was jumping for joy.The kids in question didn't even end up attending the party, but that really wasn't the point. My son learned a valuable lesson about being considerate and kind. Next year, he still might not want to invite the whole class for his birthday so perhaps we pivot and also have an end of the year class party with everyone, an idea Edlynn suggested. I know that my son is not going to be friends with everyone, and I can't prevent feelings from being hurt, but right now, I'm savoring the success of my autonomy-supportive parenting moment.

My son didn't want to invite his whole class to his birthday. I was mortified.

Pilibhit (UP), Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> on Tuesday accused the Congress of making several attempts to stall the construction of the <keyword id="19922118" type="General" weightage="20" keywordseo="Ram-temple" source="keywords" meta.keywordsubtype="org" meta.entityname="Ram temple" meta.hostid="261" meta.entityid="Ram temple">Ram temple</keyword> in Ayodhya and for insulting <keyword id="19897033" type="General" weightage="20" keywordseo="Lord-Ram" source="keywords">Lord Ram</keyword> by rejecting the invitation for the '<keyword id="20167362" type="General" weightage="20" keywordseo="Pran-Pratishta" source="keywords">pran pratishta</keyword>' ceremony. Addressing an election rally here, Modi also said that the Congress is immersed in the swamp of appeasement and can never come out of it. "The Congress made several efforts so that the Ram temple in Ayodhya is not constructed. But when the people of the country made such a beautiful temple by contributing every penny, and when the temple people forgave all your sins, and invited you for the 'pran prathistaa', you insulted Lord Ram by rejecting the invitation and expelled leaders, who attended it, for six years," he said. "Every family of the country contributed according to their devotion. The people of Pilibhit also gifted a huge flute to Ayodhya. But, the people of <keyword id="20389973" type="General" weightage="20" keywordseo="INDI-alliance" source="keywords" meta.keywordsubtype="org" meta.entityname="INDI alliance" meta.hostid="261" meta.entityid="INDI alliance">INDI alliance</keyword> had hatred even before the construction of Ram temple and they have hatred even today," Modi said. Recalling the contributions made by former Uttar Pradesh chief minister Kalyan Singh for the construction of the temple, he said, "Our Kalyan Singh ji dedicated his life and government for the Ram temple". Singh, who was one of the prominent faces of the Ram mandir agitation, was chief minister of Uttar Pradesh when the <keyword id="20266496" type="General" weightage="20" keywordseo="Babri-mosque" source="keywords">Babri mosque</keyword> was demolished in 1992. Sharpening his attack on the Congress, Modi said, "Congress is so immersed in the swamp ('daldal') of appeasement that it can never get out of it. The manifesto prepared by the Congress seems to be that of Muslim League rather than that of the Congress." The prime minister also asserted that his government is working towards the goal of making a developed India. Amid the various difficulties being faced by the world now, India is showing that there is nothing impossible for it to achieve, he said, adding this has been possible due to every single vote of the people. "No matter how difficult the goal is, if India is determined to achieve it, it will definitely achieve. Today, with this inspiration and energy, we are working towards the resolution of a developed India," he said. "Amidst the difficulties of the entire world, India is showing that there is nothing impossible for it," he said. Modi said that there was a time when the Congress government used to ask for help from the world, but during the Covid pandemic, medicines were made available to the whole world from India. "When India became the world's fastest growing economic power, were you (people) proud of it or not? When our Chandrayaan hoisted the tricolour on the moon, were you proud or not? The grand G20 summit held in India was praised all over the world," he added. "When the country becomes strong, the world listens to it," he added.

Cong insulted Lord Ram by refusing pran pratishta invite: PM Modi

Met Gala tickets, which are invite-only, cost $75,000. Here's what that gets attendees.

New Delhi, India's top billionaires, including Gautam Adani and Sunil Bharti Mittal, mega stars from film industry such as Amitabh Bachchan and Shahrukh Khan and cricketing icons from Sachin Tendulkar to M S Dhoni are among those invited for pre-wedding celebrations of Mukesh Ambani's youngest son, Anant early next month. Ahead of the wedding ceremony in July, guests from around the world have been invited to three-day pre-wedding festivities beginning March 1, at Gujarat's Jamnagar, which houses Ambani's mega oil refineries. Anant Ambani, the youngest of the three children Mukesh Ambani and Nita Ambani have, is set to marry Radhika Merchant - the younger daughter of <keyword id="20720133" type="General" weightage="20" keywordseo="viren-merchant" source="keywords">Viren Merchant</keyword>, CEO of Encore Healthcare, and entrepreneur Shaila Merchant. With Jamnagar not having five-star hotels, ultra-luxury tents housing best of facilities, including tiled bathrooms are being erected for the guests. The guest list includes international business leaders like Meta CEO Mark Zuckerberg, Microsoft founder Bill Gates, Alphabet CEO Sundar Pichai, Adobe CEO Shantanu Narayen, Walt Disney CEO Bob Iger, BlackRock CEO Larry Fink, Adnoc CEO Sultan Ahmed Al Jaber, and EL Rothschild chair Lynn Forester de Rothschild, sources said. Indian business magnates invited include Gautam Adani and family, Tata Sons chairman Natarajan Chandrasekaran , Aditya Birla Group Chairperson Kumar Mangalam Birla, and his family, Godrej family, Infosys chairman Nandan Nilekani, RPSG Group head Sanjiv Goenka, Wipro's Rishad Premji, banker <keyword id="19998917" type="General" weightage="20" keywordseo="uday-kotak" source="keywords">Uday Kotak</keyword>, vaccine maker Serum Institute of India CEO Adar Poonawalla, Airtel chairman Sunil Mittal, Hero's Pawan Munjal, Roshni Nadar of HCL, Zerodha co-founder Nikhil Kamath, entrepreneur Ronnie Screwvala and Sun Pharma's Dilip Sanghi. Top cricketers, including Sachin Tendulkar and family, MS Dhoni and family, Rohit Sharma, K L Rahul, Hardik and Krunal Pandya and Ishan Kishan too are on the invitee list. <keyword id="19897820" type="General" weightage="20" keywordseo="bollywood" source="keywords">Bollywood</keyword> will be represented by mega stars Amitabh Bachchan and family, Abhishek and Aishwarya Rai Bachchan, Shahrukh Khan and family, Amir Khan, Salman Khan, Akshay Kumar and Twinkle Khanna, Ajay Devgn and Kajol, Saif Ali Khan and family, Chunky Pandey, Ranveer Singh and Deepika Padukone, Ranbir Kapoor and Alia Bhatt and <keyword id="19895145" type="General" weightage="20" keywordseo="vicky-kaushal" source="keywords">Vicky Kaushal</keyword> and Katrina Kaif. Madhuri Dikshit and Sriram Nene, Aditya and Rani Chopra, Karan Johar, Boney Kapoor and family, Anil Kapoor and family, <keyword id="19946417" type="General" weightage="20" keywordseo="varun-dhawan" source="keywords">Varun Dhawan</keyword>, Sidharth Malhotra, Shraddha Kapoor and Karisma Kapoor, Rajnikanth and family are are on the invitee list. The three-day-long event will be themed, according to 'Event Guide' sent to the invitees. Chartered flights have been arranged to ferry guests from Delhi and Mumbai to Jamnagar and back. Guests are expected to arrive by mid-day on March 1. Hollywood pop-icon Rihanna, along with Diljit Dosanjh and others, will enthrall the guests with their performances. Day 1 celebrations are called 'An Evening in Everland' where guests are expected to wear elegant cocktail attire. Day 2 will host 'A Walk on the Wildside' with 'jungle fever' being the suggested dress code. It is set to be held outdoors in the Ambanis' animal rescue centre in Jamnagar. The guests will then proceed to 'Mela Rouge' which will be a potpourri of desi activities and the guests will wear their favourite south Asian attires. For Day 3, two events - 'Tusker Trails' and 'Hashtakshar' are planned. The first event will be an outdoor affair where the guests will enjoy the natural beauty of Jamnagar and for the last and final event, they'll be dressed in 'heritage Indian Wear'. All the guests will be provided with personal laundry services, saree drapers and other custom assistance, the nine-page event guide said.

Billionaires to Bollywood: All invited to Anant Ambani's pre-wedding festivities

Strong demand for <keyword id="17408" type="General" weightage="20" keywordseo="infrastructure" source="Orion">infrastructure</keyword> investment, attractive returns, and favourable government policies have pushed fund mobilization through listed <keyword id="11931834" type="General" weightage="20" keywordseo="reits" source="Orion">REITs</keyword> and <keyword id="6425787" type="General" weightage="20" keywordseo="invits" source="Orion">InvITs</keyword> to Rs 18,658 crore in the April-September period of the current fiscal. This came following a fund collection of Rs 2,596 crore through listed Infrastructure Investment Trusts (InvITs) in the entire 2022-23, although the amount mopped up through listed <keyword id="6354553" type="General" weightage="20" keywordseo="real-estate" source="Orion">Real Estate</keyword> Investment Trusts (REITs) was nil, data with the Securities and Exchange Board of India (<keyword id="35210" type="General" weightage="20" keywordseo="sebi" source="Orion">Sebi</keyword>) showed. Going forward, experts believe that trends seen in REITs and InvITs will continue in the second half of the year too. "The fresh savings will continue similarly as has happened in the last six months, and the investments will continue to be towards InvITs as both the central government and the state governments continue to focus more on infrastructure development," Himanshu Kohli, Co-founder of Client Associates, said. Hence, the trends you have seen in REITs and InvITs will continue in the second half of the year, he said. According to Sebi data, Rs 18,658 crore was collected through these emerging investment vehicles in the April-September period of 2023-24. This comprises Rs 12,753 crore through InvITs and the remaining Rs 5,905 crore via REITs. Karan Shetty, Co-Founder of Claravest, a fractional ownership real estate investment platform, attributed several factors for the massive jump in fundraising through the route to favourable government policies, huge demand for investment in real estate, and the government's focus on urbanisation and infrastructure development. Additionally, other reasons for the surge in fund collection could be regular income provided by REITs and InvITs as these trusts are required to distribute 90 per cent of their income to investors regularly, gives diversification benefit, provides liquidity benefits as the units trade on stock exchanges and increased awareness and investor interest about the instruments, Feroze Azeez, Deputy CEO, Anand Rathi Wealth, said. Moreover, the government and the capital markets regulator Sebi have played an active role in popularising and promoting REITs and InvITs in India. Of the Rs 18,658 crore investment, Rs 12,753 crore was invested through InvITs, and the remaining Rs 5,905 crore via REITs. InvITs have been more popular than REITs in terms of fundraising, due to several factors as InvITs can invest in a wider range of assets than REITs, including roads, highways, bridges, railways, power transmission lines, renewable energy projects, and gas pipelines. Besides, InvITs are exempt from paying income tax at the trust level, which makes them more attractive to investors, Azeez said. "Further, the infrastructure sector in India is expected to grow significantly in the coming years, which is likely to drive the growth of InvITs," he added. REITs and InvITs are relatively new investment instruments in the Indian context but are extremely popular in global markets for passive income investors due to attractive yields and capital appreciation. While a REIT comprises a portfolio of commercial real assets, a major portion of which is already leased out, InvITs consist of a portfolio of infrastructure assets such as highways, and power transmission assets. InvITs and REITs help infrastructure developers monetise their assets and redeploy the capital into upcoming projects. However, these instruments are comparatively new to Indian investors with only four registered REITs and 22 registered InvITs, as of August 8, 2023, Sebi data showed. The value of mutual fund exposure to REITs and InvITs stood at Rs 8,416 crore as of September 30, 2023.

You Searched For "InvITs" and got 13 results

Sebi proposes to allow InvITs, REITs, SM REITs to use interest rate derivatives for hedging risk

PTI

Rahul Gandhi takes dig at politicians attending Ambani wedding bash while commoners are “dying of hunger”

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Wall Street says Nvidia's post-earnings dip is an 'invitation to buy'

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PM Modi invites US CEOs to take a 'byte' out of India's growing technology sector

PTI

I was sick of spending my travel budget on weddings, so now I turn every invitation into a vacation

Anna Staropoli

Maldives' tourism body invites T20 world champ Indian team to celebrate trophy there

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When I was in Kindergarten, my teacher invited the whole class to her wedding. She taught us how to behave, and it's a memory I still have.

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Competition Comm to conduct detailed study on AI; invites proposals from entities

PTI

My son didn't want to invite his whole class to his birthday. I was mortified.

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Cong insulted Lord Ram by refusing pran pratishta invite: PM Modi

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Met Gala tickets, which are invite-only, cost $75,000. Here's what that gets attendees.

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Billionaires to Bollywood: All invited to Anant Ambani's pre-wedding festivities

PTI

REITs, InvITs collect Rs 18,658 cr in Apr-Sep on robust infra demand, attractive returns

PTI

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