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In September, the State -run insurer has called for applications for the post of CFO

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The low recovery in the quarter has also pulled down the overall recovery rate since the law came into effect from December 2016. Out of the total admitted claims of Rs 7.56 lakh crore under the IBC until December 2021, the recovery rate is just 33.10% down from 35.89% at the end September 2021.

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Sources said the findings have revealed that while in 2016 Sebi failed to act swiftly or write to the federal anti-corruption agency to probe the email exchanges.

Adani Properties leads race to buy HDIL

Updated at : 2022-03-04 11:05:02

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The other applicants include Sharda Constructions & Corporation Ltd, B-Right Real Estate Ltd, Urban Affordable Housing LLP, Toscano Infrastructure Pvt Ltd and Dev Land and Housing Ltd, the people said.

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Advent International also likely to pick up a similar stake int he bank; both PEs looking at board seat.

The Dow Jones Industrial Average fell 0.29% to end at 33,794.66 points, while the S&P 500 lost 0.53% to 4,363.49.

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The percentage of fund managers who believe stagflation will set in within the next 12 months stood at 30%, compared with 22% last month, a survey from BoFA Global Research showed.

The debt-ridden telecom operator Vodafone Idea said its board has approved raising up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities

Shares of Grab, which was reporting its first quarterly earnings since going public in December, skidded to their lowest ever. They have lost nearly three-quarters in value since their debut.

Want lower oil prices? First you need higher ones

Updated at : 2022-03-04 11:05:02

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On Thursday, JP Morgan analysts said Brent would have to rise to $120 a barrel "and stay there for months to incentivize demand destruction."

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