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Jammu & Kashmir Bank Ltd has informed the Bombay Stock Exchange that it has received the RBI's approval to increase the investment limit of foreign institutional investors up to 33 per cent of the paid-up equity capital of the bank.

Rajesh Exports announced a new order to supply export quality gold jewellery to Excel Gold Smiths worth Rs 246 crore.

The agreement between the company and Excel Goldsmiths will results in an increase in service by the company to Dubai hub in the Middle East, where the company already enjoys a strong presence.