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“We are more focussed on increasing the base which makes the sellers successful. So for us, the benchmark of success for a Great India Festival is about new customers, more Prime customers and number of sellers who are successful. The first 24 hours look very promising on all three trends.”

Iyer’s new role is a testimony to her two-decade journey at Kotak Group. As CIO- Fixed Income and Head, Products, she contributed immensely to the growth and business journey of Kotak Mahindra Asset Management (KMAMC), the company said.

The U.S. dollar strengthened in global markets, with benchmark U.S. Treasury yields hitting an 11-year high overnight, as investors positioned for more Federal Reserve interest rate hikes to tame high inflation after its latest hike this week.

"Gold prices have capped downside despite of stronger dollar over recession worries as the US Federal Reserve committed to raise interest rates," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

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Cash had inflows of $30.3 billion, while global equity funds saw outflows of $7.8 billion in the week through Sept. 21, the bank said in a note, citing EPFR Global data. Bond funds lost $6.9 billion, while $400 million left gold, the data showed.

ETMarkets filtered companies with a net sales value over Rs 500 crore and excluded loss-making ones during these 12 quarters. To examine further we picked companies with a market cap of over Rs 500 crore.

The stock quoted a 52-week high price of Rs 817.95 and low of Rs 469.75.

A single Ethereum block takes around 13-14 seconds for mining. However, with the implementation of the proof-of-stake (PoS) mechanism, the validation time for a block will only take 12 seconds. Following the Merge, The Ethereum network will break up the data blocks into smaller blocks enabling more transactions to happen at a faster pace. As a result, it will be simpler and faster to use because it can contain more transactions in a single block.

Earlier on September 6, 2022, the company received approval from its board of directors for enhancing the production capacity of vacuum interrupters and vacuum circuit breakers by setting up a manufacturing unit in Kolkata.