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All stocks in the bank PSU index have turned negative, with 5 of them plummeting over 20% so far this year

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The move comes after the National Company Law Appellate Tribunal (NCLAT) on Friday granted interim relief to the media firm by staying the bankruptcy proceedings against it.

Pending adjudication proceedings in the matter, the noticee filed a settlement application with Sebi to settle the case. The regulator recommended the settlement of instant proceedings upon payment of Rs 31.20 lakh

Berkshire will always hold a boatload of cash and US Treasury bills, and will avoid such investment decisions that could result in any uncomfortable cash levels at inconvenient times, including financial panics and unprecedented insurance losses, Buffett said.

Vi issues 12,000 OCDs to ATC

Updated at : 2023-02-27 21:40:03

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On Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This move will allow the telco to pay off most of its dues to the Boston-headquartered tower company

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The U.S. dollar index, which measures the greenback against six major peers, has risen almost 3% in February and is on track to snap a four-month losing streak

It has accepted bids worth 1.85 billion rupees for five-year bonds at an annual coupon of 8.05%, and the issues will close for subscription on Tuesday, they said

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U.S. Treasury prices fell as data showed that consumer spending, which accounts for more than two-thirds of economic activity, jumped 1.8% last month, while the personal consumption expenditures price (PCE) index, shot up 0.6% - the highest since June 2022 and after gaining 0.2% in December

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The dollar hovered near a seven-week peak on Monday after a slew of strong U.S. economic data reinforced the view that the Federal Reserve will have to raise interest rates further and for longer

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