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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.

The dollar fell as OPEC+ announced unexpected oil output cuts, leading investors to focus on the diverging central bank policies with the Federal Reserve expected to put a halt to its rate-hike cycle. Oil production cut announcements have complicated the global inflation outlook, resulting in Brent crude last trading at $84.48 per barrel. Futures traders have factored in rate cuts by December. Interest rate differentials are thought to be the main driver for euro-dollar, with traders pricing in around 60 basis points of tightening from the ECB by the end of the year.

The Goldman Sachs- and Equity International-backed company had filed a DRHP with the markets regulator in 2019 to raise about Rs 1,900 crore through an IPO, but the plan was shelved due to the pandemic.

For April, the market will remain shut for three days. Apart from the above two days mentioned, markets will also not function for Ambedkar Jayanti next week.