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The Delhi bench of the National Company Law Tribunal admitted the company on September 16 and appointed Sapan Mohan Garg as an interim resolution professional, according to an order posted on its website. Yes Bank, the sole banker to the hotel, sold its entire ₹282 crore debt to JM Financial ARC at an uncontested Swiss auction held on June 20, said a person aware of the transaction.

Adanis encumber shares of Ambuja, ACC with lenders

Updated at : 2022-09-21 07:25:01

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The shares have been placed as non-disposal undertakings, which typically involves shares being transferred to a new demat account without change in the beneficial ownership, with an undertaking that the transferee would not sell the shares.

The market tone remained bearish due to concerns that the aggressive monetary tightening in the U.S. and Europe would boost the likelihood of a recession and a slump in fuel demand, said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd.

The swift price action seen from the June lows didn’t give much time to retail investors to top up their portfolio, and many stocks are still trading below their intrinsic value which could turn out to be future wealth creators.

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The 52-week high is the highest price at which a stock has traded during the last one-year.

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The Dow Jones Industrial Average fell 352 points, or 1.14%. The S&P 500 shed 1.19% and the Nasdaq Composite slid 1.1%.

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Inox Green Energy Services is engaged in the business of providing long-term Operation and Maintenance (O&M) services for wind farm projects, specifically for Wind Turbine Generators (WTGs) and common infrastructure facilities on wind farms, which support the evacuation of power from such WTGs.

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“This is a great marriage between sports and technology, a wonderful opportunity for me to be closer to my fans who continue to give me so much love and support. I look forward to sharing some of my most cherished possessions and connecting with my fans in the biggest community of cricket fans, Rario,” Arshdeep Singh said.

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Central bankers are widely expected to raise interest rates three-quarters of a percentage point at their meeting Wednesday, and investors think there is even a small chance of a full percentage-point move.

Nifty has now crossed the key resistance at 17,700-17,800 level. Analysts said the index has to hold above 17,777 for an up move towards 18,000 and 18,088 zones, whereas support exists at 17,667 and 17,550 zones.A day ahead of the outcome of the Fed meeting, volumes in the cash market were lower by 10 per cent compared to the average of the last ten days.

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