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Tech fell broadly on Tuesday, with the Nasdaq 100 down 1.5%. The group is facing its worst December performance since the dotcom era as investors expect the Federal Reserve will retain a hawkish stance as it grapples with inflation.

The dollar index, which measures the currency against six counterparts including the yen and euro, added 0.07% to 104.28 on Thursday, continuing its consolidation after sliding to the lowest since mid-June at 103.44 on Dec. 14, the day the Federal Reserve slowed interest rate hikes to a half-point pace.

Such a haul didn’t seem possible before the decade began, when Wall Street was the target of a global protest movement and politicians at both ends of the spectrum were seething over bailouts or aiming to break up too-big-to-fail lenders.

Nifty futures on the Singapore Exchange traded 60 points, or 0.33 per cent, lower at 18,088, signaling that Dalal Street was headed for a negative start on Wednesday.

The group last week increased the authorised share capital of Tata Digital by Rs 1,000 crore to Rs 21,000 crore and infused Rs 750 crore into the company, as per filings with the Registrar of Companies. In the filings, Tata Digital said the authorised capital was increased considering its business plans, repayment of debt and the investments to be made from time to time.

Large cement manufacturers such as Ultratech Cement, Ambuja Cements, Dalmia Bharat and Shree Cement are likely to record higher revenue growth given timely expansion, strong balance sheet and stable cashflow from operations. Their earnings per share (EPS) is expected to increase by 25-58% while revenue may grow by 15-25% year-on-year for FY24.

RBI argued that since significant value destruction may have already happened in stressed assets, a comparison of realised value with admitted claims may not be a reasonable indicator of the effectiveness of the resolution process.

“Based on the date of occurrence of frauds, advances-related frauds formed the biggest category prior to 2019-2020,” the RBI said. “In terms of number of frauds, the modus operandi shifted to card or internet based transactions. Additionally, cash frauds are also on the rise.”

"Going forward, we will only focus on organic growth in our current and proposed line of business. We will continue to build a strong retail franchise in consumer and MSME financing. We are already doing ₹1,200 crore of organic business per month," said Adar Poonawalla.

Simultaneously, Barclays was also carving out the healthcare vertical of Hinduja Global Solutions Ltd across four geographies and selling it to Baring PE Asia (BPEA) $1.2 billion, a first of its kind BPO deal