Investors may get at least three months to declare their crypto holdings and have to comply with new norms. A final decision, however, will be taken by the Cabinet, which may consider on Wednesday the draft the Cryptocurrency and Regulation of Official Digital Currency Bill 2021, the sources said.
Discussions are on with ESG rating agencies on the defence exposure. We maintain L&T is on a re-rating path, esp. with capex showing recovery trends. Any ESG rating upgrade would be an added sweetener. Buy.