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"I believe that ESG is, at its core, a feel-good scam that is enriching consultants, measurement services and fund managers, while doing close to nothing for the businesses and investors it claims to help, and even less for society," Aswath Damodaran wrote in his blog.

“Once the consideration is paid and consent of customers taken, the technology platform has to be tackled and Axis will gradually start migrating the customers of Citibank of different parts of their business to Axis Bank. As for payment, right now, we can easily pay it out of our balance sheet.”

Gold futures on MCX were trading down 0.34 per cent or Rs 178 at Rs 51,598 per 10 grams. Silver futures were trading lower by 0.82 per cent or Rs 556 at Rs 66,850 per kg.

USA-MARKETS/YIELDCURVE (FACTBOX)FACTBOX-Recession after fleeting yield curve inversion? It is complicated

GoTo is backed by the likes of SoftBank Group Corp, Alibaba Group and Singapore sovereign wealth fund GIC.

Both indexes were set to post monthly gains of more than 4 per cent.

A total of 5,664 shares changed hands on the counter till 10:10AM (IST)

The Massachusetts rule went beyond a standard the U.S. Securities and Exchange Commission adopted in 2019 by requiring broker-dealers have a fiduciary obligation to provide investment without regard to the interests of anyone but their customers.

"Tejas Networks, upon procuring all necessary consents and approvals, also intends to proceed with acquiring the balance 35.60 per cent shares through a merger process or a secondary acquisition," the company said.

“For Axis Bank, it will be very important to integrate the Citi culture because otherwise a lot of these meaty clients or these high yield portfolios can run away. As it stands today, the deal is not bad, is all I can say. We can treat it like a non-event.”