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Netflix last week raised prices in its biggest market, the United States and Canada, where analysts say growth is stagnating, and is now looking for growth overseas.

The shortfall prompted the Reserve Bank of India to announce an immediate borrowing window for Rs50,000 crore. The central bank’s move has underscored its commitment to ensuring liquidity needs even as it unwinds excess cash through Variable Reverse Repo Rate (VRRR) auctions amid the diminishing threat of coronavirus infections.

The issue will be open for subscription by the public on January 27 and will close on January 31, Adani Enterprises said in a regulatory filing on Thursday.

In another transaction Emerging India Growth Fund sold 80,000 shares of Mitcon Construction and Engineering Services at Rs 75.40 per share.

Friday may see markets attempting to find some base for themselves

The Dow Jones Industrial Average rose 74.01 points, or 0.21 per cent, at the open to 35,102.66.

The IPO consists of a fresh issue of up to Rs 1,100 crore by the company, which will be used as growth capital

The revenue of the company also rose 19.2 per cent year-on-year to $284.1 million from $238.4 million in the year-ago quarter

Sequentially, the net profit is seen rising around 12 per cent. In July-September, the insurer had reported a 17.71 per cent year-on-year (YoY) fall in net profit at Rs 246.62 crore compared with Rs 299.73 crore in the same quarter last year.

In the international market, gold was trading with gains at $1,841 per ounce and silver was flat at $24.13 per ounce.