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The euro is up 1.2% on the week and last bought $1.0667 with hotter-than-expected German inflation in February adding to pressure on the European Central Bank to raise rates following unexpectedly strong readings in France and Spain.

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Adani Group companies have faced a lot of criticism in the last few days due to their high net debt, among other issues.

Softbank is the single largest public stakeholder in the logistics company, and held 18.42% stake as of December-end, through its entity Svf Doorbell (Cayman) Ltd. Prior to Delhivery’s IPO, Softbank had acquired over 22% stake in the company

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Bajaj Finserv Asset Management Limited (BFAML) will be the investment manager of the MF business and Ganesh Mohan, who has been a part of Bajaj Finserv for 8 years as group head for corporate strategy, will lead the AMC as CEO.

The S&P 500 opened lower by 6.81 points, or 0.17%, at 3,963.34, while the Nasdaq Composite dropped 7.96 points, or 0.07%, to 11,447.58 at the opening bell.

Under the rule, monetary fines should be levied on brokers based on policy approved by MCSGF. However, in the instant case while no provision existed, in place of taking up the matter before MCSGFC for formulating policy, MCX imposed the penalty on its trading members under some other clause

However, the brokerage remained Underweight in the Indian FMCG sector, given the rich valuation and high consensus earnings forecasts. "For most companies, our earnings estimates are below consensus, and we have further lowered them post 3QFY23 results," it said

Credit growth for most banks was between 15 and 20%, driven by continued growth in consumer segments even as the corporate credit growth too saw a healthy improvement