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The Vodafone Idea (Vi) management in a recent investor call pegged March-end as the deadline for raising capital to finance its operations. Promoters of Indus Towers, Bharti Airtel and UK’s Vodafone Group, currently hold 41.73% and 28.12% share in the company, respectively.

From the technical standpoint, the index resisted exactly at the rising trend line resistance, which the index had violated. This basic support has turned into resistance on the way up.

Profit was helped by a 90% fall in provisions for bad loans to $23 million from $227 million in 2020 which made up for a tepid rise in operating income.

The situation is fluid and we don’t know how the situation will evolve. The US-led sanctions on Russia can be swift, harsh and unprecedented.

Prominent sports clubs (Manchester City, Barcelona, PSG) and leagues worldwide are already using blockchain technology in their digital strategies. Blockchain use-cases in sports allow teams to unlock new profitable income streams and develop new ways to engage with their fans.

Creating a robust order book is extremely important for an infra company so that it can have revenue visibility for years. On that note, PNC Infratech seems to be doing all the right things.

ET NOW sources said that the incumbent Sebi chief Ajay Tyagi, whose term ends on February 28, may get an extension till the new chief is finalised.

The 30-share pack Sensex declined 68.62 points or 0.12 per cent to close at 57,232.06. Its broader peer NSE Nifty dropped 28.95 points or 0.17 per cent to 17,063.25.

“A resurgent Asia will contribute to a more equal world. This is a most welcome trend. The trend is also reinforced by the fact that India is likely to overtake Japan as Asia’s second largest economy and the world’s third largest economy by 2030. I am very confident that the India growth story will be as exciting if not more than that of China in the coming decades to come. It is India’s time.”

On Monday, after a hiatus of almost two years, the Reserve Bank of India announced a two-year sell/buy swap auction worth $5 billion to be conducted on March 8.