Latest Stock Market News

​The products track a bitcoin benchmark. Some track an index provided by CF Benchmarks, a subsidiary of crypto exchange Kraken, which aggregates trading data from multiple Bitcoin-USD markets operated by big cryptocurrency exchanges.

MMT which gained mainstream attention in the late eighties and early nineties is based on the premise that governments should be allowed to spend by printing currencies without imposing any constraints or be concerned about fiscal deficit to fund growth and achieve economic goal like full employment and price stability.

Reliance Power and Reliance Infrastructure have signed standstill arrangements with DBS Bank and JC Flowers ARC, respectively, to settle their loans by the end of the fiscal year. In April 2023, Reliance Power settled loans with two of its lenders - JC Flowers ARC and Canara Bank, according to a disclosure by the company.

A board meeting of Satin Creditcare is scheduled to be held on January 15 to consider and approve the proposal of raising of funds by way of public issue of NCDs.

Mark AB was offering a total of ₹650 crore, of which only ₹50 crore was upfront cash, ET had reported in October. It was the only serious offer lenders had received, which has now been rejected because of its low value.

Aster DM has proposed two resolutions - the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary Affinity Holdings to Alpha GCC. The e-voting, which began on December 24, will end on January 24.

This month, the Anil Agarwal-promoted company got investor approval to recast the debt ahead of a redemption deadline, with more than 97% of VRL bondholders approving the restructuring, particularly for bonds maturing in the next 18 months.

"SBI prioritised real money investors over hedge funds, closing the fundraise at $600 million. After initial price guidance at T+150 basis points, SBI attracted interest from investors for $3.5 billion," a source told ET on the condition of anonymity. One basis point is a hundredth of a percentage point.

Over the next several weeks, governments from the US, UK and the eurozone will start flooding the market with bonds at a clip rarely seen before.