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The repo rate hike decision was taken by a majority of 5 out of the 6 members of the Monetary Policy Committee.

Promoters pledge the share to raise funds for business expansion

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Subdued Asian markets and continued selling by foreign investors further weighed on investor sentiment, traders said. The 30-share BSE benchmark ended 216 lower at 62,410.68, while Nifty settled at 18,560.50.

The two-day traders’ conference will start on December 17. It provides an opportunity to connect and interact with experts, driving investment and wealth creation for several investors.

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The launch was announced at CoinAgenda, a global conference held in the Caribbean island of San Juan, Puerto Rico, between December 5 and 7

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The 30-share BSE benchmark ended 216 points lower at 62,410.68

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The fund raise will include a base issue of up to 1,000 bonds, aggregating to Rs 1000 crore , with a green-shoe option to retain oversubscription of up to 11,000 bonds, aggregating to Rs 11,000 crore

US stocks open lower as recession worries mount

Updated at : 2022-12-07 21:20:03

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The Dow Jones Industrial Average fell 39.9 points, or 0.12%, at the open to 33556.4

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The RBI governor also stated that Inflation has remained at or above the upper tolerance band since January 2022 and core inflation is persisting around 6%

Inox Wind promoters infuse Rs 623 cr for paring debt

Updated at : 2022-12-07 21:20:03

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Inox Wind has used these funds to repay GFL the advances (net off wind capacity expected to be commissioned) it had received for setting up wind power capacity, it added.

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