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The stock exchanges desirous of introducing such contracts will have to submit a detailed proposal to Sebi for approval, providing details relating to underlying corporate bond index, the index methodology, contract specifications, applicable trading, clearing & settlement mechanism, risk management framework, the safeguards to ensure market integrity, investor protection and surveillance systems.

Until now, only promoter and promoter group entities were allowed to sell stake through the offer for sale on bourses

"Restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy," Powell says

AIFs, in market parlance, refers to a privately-pooled investment vehicle which collects funds from investors whether Indian or foreign for investing these funds in the country. Broadly, AIF rules govern venture capital funds, private equity funds, SME funds, hedge funds among others.

The company did not say if it would file for bankruptcy after saying last week it was working with outside advisers to look at various options after years of weakening sales.The company did not take questions from analysts on its Tuesday earnings call "in light of the ongoing review of strategic alternatives," said Susie Kim, head of investor relations.

The S&P 500 opened lower by 3.52 points, or 0.09%, at 3,888.57, while the Nasdaq Composite dropped 27.93 points, or 0.26%, to 10,607.72 at the opening bell

"Given fragile economic conditions, any new adverse development -- such as higher-than-expected inflation, abrupt rises in interest rates to contain it, a resurgence of the COVID-19 pandemic or escalating geopolitical tensions -- could push the global economy into recession," the bank said in a statement accompanying the report.

Rekha Jhunjhunwala, as per the latest corporate shareholdings filed, publicly holds 19 stocks with an estimated net worth of over Rs. 11,866.8 crore. Some of the top holdings of the investor include Aptech, Crisil, Indian Hotels and Jubilant Pharmova and Fortis.

Athulya Senior care is backed by its founders Karthik Narayan, Srinivasan G and J Krishna Kavya, who have earlier served various healthcare institutions in the country and in the United States.

But domestic institutional investors continued to pour money into the market as they net bought shares to the tune of over Rs 14,600 crore in December. In 2022, they poured a record Rs 1.9 lakh crore into the equity market, and this helped India outdo most of its emerging market peers.