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In a regulatory filing, the company said it has defaulted Rs 224.88 crore on repayment of loans or revolving facilities like cash credit from banks and financial institutions, along with default in interest amount for the same at Rs 5.78 crore. Also, there has been a default of Rs 200 crore on payments of unlisted debt securities -- non-convertible debentures and non-convertible redeemable preference shares, Coffee Day Enterprises said.

The stress and travails of institutions, market intermediaries and custodians have now been spelt out with six top multinational banks writing a joint letter on April 6 to NSE Clearing Limited - the institution responsible for clearing and settlement of all trades on the NSE.

Several manufacturers like Hero MotoCorp, Honda Cars India, Toyota Kirloskar Motor (TKM) have already effected a price hike this month to counter the increase in procurement cost of materials.

GLOBAL-PRECIOUS/PRECIOUS-Gold edges lower as dollar gains on hawkish Fed minutes

A 13D filing on Tuesday showed that Musk had bought a 9.1 per cent stake in Twitter but a disclosure to the US Securities and Exchange Commission a day earlier had Musk owning 9.2 per cent. This lead to speculation that the Tesla CEO had reduced his stake.

Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 41251.39 Crore) operating in Gas & Petroleum sector.

In rate markets, swaps, a gauge of the cost of exchanging fixed-rate cash flows for floating-rate ones over a specific period, are often used by investors to bet on where Fed policy rates are headed.

The U.S. dollar index, which measures the greenback against six majors, touched its highest since May 2020 overnight at 99.778 and held nearby at 99.575 in early Asia trade. Commodity currencies retreated from recent highs as oil prices have dipped and the euro touched a one-month trough of $1.0874. It recovered to $1.0911 in morning trade.

Blackstone’s $1.1-billion funding from a consortium of 13 banks for the $3-billion Mphasis buyback was among the biggest deals by private equity firms, which dominated acquisition financing either through a structured credit facility in Rupee terms, or Leveraged Buyout (LBO).

PFS would recover a total of Rs 135 crore, which is about 65% of the total loan exposure to NRSS. The balance amount will be credited to the company soon, people familiar with the matter told ET. The settlement is a part of stressed transmission asset resolution initiated by PFS through competitive bidding.