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Among them, HCL Tech, ICICI Lombard, Crisil, L&T Technology may also consider interim or final dividends.

"Good quality IPOs from companies that have a robust business model and whose valuation is not very high may attract investor interest in FY23. 54 companies plan to raise a massive Rs 1.4 trillion in the upcoming fiscal year, including the much-awaited LIC IPO.These 54 companies already have market regulator Securities and Exchange Board of India’s (Sebi’s) approval for raising the money. Another 43 companies are waiting for Sebi approval to raise about Rs 81,000 crore."

CalPERS said it invests more than $450 billion, including more than $2.3 billion in Berkshire shares.

SBI, India’s largest bank by assets, jumped two spots to be ranked 22nd in the list with $695 billion in assets. HDFC Bank, the country’s private sector bank also improved its position to 44th from 46th last year. ICICI just about made it to the list at number 50 with $226 billion in assets.

The minister added that devaluation increases cost of imports, brings inflation into the country, pushes up interest cost and makes products uncompetitive as India is import-dependent for raw materials.

In a notice to the stock exchanges IDBI Trusteeship has called for a meeting of debenture holders of RHFL on May 13. Lenders to RHFL led by Bank of Baroda (BoB) and Yes Bank had already approved Authum’s plan in June last year but bond holders constitute 41% of the debt.

Electric vehicles are a focus area for the company, which will introduce its first product in the segment next quarter. Apart from local sales, some of the key geographies for EV products will be Europe and Latin America, Hero MotoCorp global business head Sanjay Bhan told ET.

Baring, which holds the credit for one of the early syndicated acquisition financing for a private equity fund when it bought technology firm Hexaware in 2013, is in talks with a group of banks including Nomura, MUFG, Investec, Barclays, Deutsche Bank and JP Morgan, three people with knowledge of the development told ET.

It acquired a principal loan portfolio of ₹141 crore from Indian Overseas Bank at a reserve price of ₹84.8 crore under a structured deal of 25:75. Here, the ARC paid 25% of the transaction value upfront and the balance will be paid in the form of security receipts that will be redeemed as it recovers money from borrowers.

Shareholders of listed entities including Future Retail, Future Lifestyle Fashion, Future Enterprises, Future Consumer, Future Market Networks and Future Supply Chain Solutions ended voting on Wednesday afternoon.