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The company will line up a range of mass-market offering in sub-Rs 10 lakh in next 24 months, with an eye on 150,000 annual volume.

More than a dozen top bankers moved to strategic and M&A roles in pharmaceutical companies, spearheading mergers and acquisition as well as fundraising plans. They included Nitin Tandon, who joined as head business development, Asia Pacific, at Johnson & Johnson from Credit Suisse.

The proceeds of the loans will be used to repay part of the debt it had raised to fund the $4.2-billion acquisition of Arysta Life Sciences in 2019.

Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with global demand unperturbed by the Omicron coronavirus variant.

With Bitcoin’s price rising 60% last year, despite the fourth-quarter volatility, many investors may also have chosen to hold onto the world’s biggest cryptocurrency instead of spending it. Many remember Bitcoin’s first commercial transaction, in which a programmer spent Bitcoins now worth billions on two pizza pies.

The rental housing market had declined by 5-15% across key markets in the country following the viral outbreak in early 2020. It was only in the second half of 2021 that signs of stability started appearing, as companies expected employees to return to office. But then the Omicron-led third wave came in, truncating the growth.

Gold prices eased on Monday, as U.S. Treasury yields gained on hawkish signals from the Federal Reserve and markets began to price in a sooner-than-anticipated reduction in balance sheet.

The Dow closed lower on Friday with a big drag from financial stocks as investors were disappointed by fourth quarter results from big US banks, which cast a shadow over the earnings season kick-off.The Nasdaq and the S&P regained lost ground in afternoon trading to close higher.

UltraTech Cement, HFCL, Angel One, Sonata Software, Hathway Cable, Tatva Chintan Pharma Chem and Maharashtra Scooters are among the companies that will announce their December quarter results today.

A mix of borrowers including Reliance Industries (RIL), State Bank of India, JSW Infrastructure, Shriram Transport Finance and India Clean Energy have also managed to tighten their funding cost by 30-35 basis points from initial projections, after getting bids several times the offer size. A basis point is 0.01%.