“India’s basmati exports to the European Union (EU) has shown a phenomenal growth during the period from April to November 2020 registering a growth of about 71 percent as compared to same period last year,” Anil Mittal, CMD of KRBL said in an interview with CNBC-TV18.

Industry bodies CII and FICCI in their pre-budget consultations have urged the government to include the tourism sector in the concurrent list to enable better regulation and policy decisions. They have asked that the hotel sector be granted infrastructure status, which would allow them to avail electricity, water and land at industrial rates as well as better infrastructure lending rates.

On completion of the deal, Axis Bank’s stake in Max Life will increase to 9.9 per cent.

The DoT has fixed Jan 12 for the pre-bid conference and last date for seeking clarification to the notice on Jan 28.