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The Department of Telecommunications (DoT) has computed the net present value (NPV) of the accrued interest due to the four-year deferral of spectrum and adjusted gross revenue (AGR) payments at Rs 16,133.1 crore, a calculation since confirmed by Vi. At present, UK’s Vodafone Plc and ABG own 47.61% and 27.38% in Vi respectively.

The rupee on Monday fell to an all-time low of 77.44 against the dollar driven by both the outflow effect as the US Federal Reserve tightened the monetary policy amid expectations of further rate hikes and the fallout of geopolitical tensions.

FEL owes lenders and bondholders a total of ₹6,778 crore. Out of the ₹1,266 crore, State Bank of India (SBI) received the largest amount of ₹290 crore followed by Canara Bank (₹220 crore) and Central Bank (₹130 crore).

Logistics providers Ekart, Dunzo sign up on network; PhonePe in final stages of integration

Apple shares dropped 5.2% and were the biggest weight on the Nasdaq and S&P 500 indexes.

Oil prices eased in early Asian trade on Thursday, taking a pause after rising more than 5% in the previous session following new Russian sanctions on some European gas companies. On Wednesday Russia sanctioned 31 companies based in countries that imposed sanctions on Moscow after Russia invaded Ukraine in February.

L&T, Tata Motors, Seimens, Honeywell Automation, Tube Investment, AB Capital, Poonawalla Fincorp, CreditAccess Grameen, Apollo Tyres, Brigade Enterprises, Anupam Rasayan and RBL Bank are among the companies which will announce their earnings today.

Whether it is IT index, metal index or Nifty smallcap index, all of them have quite a bit of downside ahead of them. So, maintain cash if you are interested in them from a medium to long term view. To get attractive entry points for generating excess returns, one has to have patience and money in hand. So hold cash and invest at the right time.

RIL has corrected almost 15% from the top of 2,856 and entered an oversold zone in the lower degree charts.

The order came on a complaint filed by the watchdog against Mangalaben A Doshi(the accused) for non-payment of penalty imposed by its adjudication officer in December 2012 in the matter of Eltrol Ltd.