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"The UP Power Corporation was the last among the regulators or agencies to give the go-ahead because it was a change in management. Other regulators such as the Competition Commission had also approved it. The money was transferred on March 31 and the control has now been transferred to MEIL," said a person familiar with the transaction

The fundraising is part of a $7 billion global medium-term note programme and will be used to finance power infrastructure projects in India or to refinance existing borrowings granted by the Reserve Bank of India in line with external commercial borrowing guidelines.

“In relative market scenarios, HUL, Nestle remain safest bets for any investor group. There is a dwindling supply of free shares in the market. Nobody sells these shares and people come on the channel and say the grandfather bequeathed the shares to them and these shares continue to find resonance with investors being a longer term story, which people are willing to stay with.”

AMC investors suing the company accused it and several of its directors of violating a law by creating the preferred shares in an attempt to "eviscerate" the voting power of common stockholders who had not supported issuing new shares.

Gold prices had dropped on Monday after a surprise cut in OPEC+ crude production was announced during the weekend. But prices reversed course to rally 1% as the dollar stumbled following the release of softer U.S. economic data.

Goel, who has worked in senior positions in firms such as Daiageo and GE, is joining Byju’s at a time when the company is in the middle of renegotiating conditions for its $1.2-billion term loan B or TLB even as its FY22 financials are yet to be filed.

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China Evergrande Group entered into three restructuring support agreements with members of AHG (ad-hoc group) to help implement its proposal to restructure its $22.7 billion offshore debt, the property developer said on Monday. ​​

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Judge Michael Chappell, an administrative law judge at the agency, ruled last year that the $7.1 billion acquisition would not hurt competition. The FTC staff had appealed the decision to agency leadership.