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Bharucha is a career banker with more than 35 years of experience and has been associated with the bank since 1995. In his current position as executive director, he is responsible for wholesale banking covering areas of corporate banking, PSUs, capital & commodities markets, financial institutions, custody, mutual funds, global capability centre & financial sponsors coverage, and banks coverage.

Formulating monetary policy has become more challenging in the current environment because of data lags and also frequent reviews, Patra said. "On the basis of data one month and three months ago, I will have to assess what inflation and growth are going to be one year down the line," he said, adding that policy has to be forward-looking but based on data which is old.

ZIM Laboratories is a pharmaceutical company, focused on providing innovative drug delivery solutions that provide patient convenience and adherence to drug treatment.

Also, the regulator barred the noticee from the securities markets for a period of six months or till the expiry of six months from the date of completion of refund to clients/ investors, whichever is later.

The fundraising, if approved, would be through a public issue or private placement during fiscal 2023, the bank added.

The Sensex closed 1.2% higher at 62272.68 points after hitting an intraday record high of 62412.33 points. The Nifty50 ended at a record high of 18,484.10 but is a little over 100 points away from its intraday lifetime high of 18,604 touched in October 2021.

Rajeswari Sengupta, an associate professor at IGIDR, said the rupee is expected to trade at 84 to a dollar and even plumb to 85 in the second half of the next year, only if the Reserve Bank of India (RBI) stops intervening in the money market.

According to the data from BSE, a total of 27,72,159 NDTV shares amounting to 16.54 per cent of the offer size were tendered by the shareholders by 1600hrs on Thursday.

At the time of announcing the deal to acquire Viatris, BBL had said it would be through a cash payment of USD 2 billion, which would be funded through USD 800 million raised through equity infusion in BBL and the remainder by debt, additional equity or a combination

The Amazon and Samara Capital-owned retailer, which plans its initial public offering (IPO) over the next 12-18 months, reported earnings before interest, tax, depreciation and amortisation (Ebitda) loss of Rs 83 crore in 2021-22 against Ebitda of Rs 196 crore in FY21, as per its latest regulatory filings to the Registrar of Companies (RoC).