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Bharat Forge said in order to house all defense related investments of the company under one entity, the ‘investment committee – defence business’ has approved the transfer of the company’s stake in Aeron Systems to Kalyani Strategic Systems, a wholly-owned subsidiary of the company.

The equity AUM of local mutual funds includes all equity exposure from equity funds to balanced funds. It rose by 13% to Rs 22.6 lakh crore in January from the year ago.

In FY19, Sebi passed a guideline wherein the listed large corporates with borrowings of Rs 100 crore or more and with credit ratings of AA and above would have to borrow 25 per cent or more of the incremental borrowings through bonds

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Four of those seven show a strong potential to be affected by technical levels, according to a Bloomberg analysis.

Nifty Realty has fallen 11% year-to-date as the stocks face selling pressure.>> For more such web stories click on the ET icon below

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Some banks, including Barclays and Standard Chartered, and healthcare majors AstraZeneca and GSK traded without an entitlement for dividend payout

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Initial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 192,000 for the week ended Feb. 18, the Labor Department said on Thursday. Economists polled by Reuters had forecast 200,000 claims for the latest week. Claims have been hemmed in a tight 183,000-206,000 range this year

US stocks open higher as Nvidia offsets Fed jitters

Updated at : 2023-02-23 22:30:03

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The Dow Jones Industrial Average rose 130.30 points, or 0.39%, at the open to 33,175.39

The donations, totaling tens of millions of dollars, were unlawful because they were attributed to a "straw donor" or made using corporate funds, often allowing Bankman-Fried to evade contribution limits on individual contributions to candidates, prosecutors said

The euro, the largest component of the index, briefly touched $1.0586, also its lowest since early Jan, largely unaffected by euro zone inflation data that came in a touch higher in January than earlier estimated, confirming that price growth is now well past its peak

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