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Transaction value 40% lower than Blinkit’s last valuation of just over $1 b; Blinkit shareholders to get about 7% in Zomato

The portfolio includes the Biorphen (phenylephrine hydrocholoride) injection and Rezipres (ephedrine hydrochloride) injection NDAs (new drug application) with nine separate combinations of strengths and presentations and one first- to-file approved ANDA for Cysteine Hydrochloride for the US.

RBI deputy governor Michael Patra said the MPC will discuss and draft the report to be sent to the government to explain the deviation from the inflation target, weighing in on the situation if the figure is not met for three successive quarters.

Trai looking at easing spectrum sharing rules

Updated at : 2022-06-25 09:20:04

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Unlike spectrum trading, dynamic spectrum sharing is a kind of leasing and allows telecom companies to share their unused airwaves with their peers on a real-time basis, allowing intra-circle rights, experts said.

While filing the placement memorandum for LVF schemes with Sebi, a duly signed and stamped undertaking by CEO of the manager to the AIF (or person holding equivalent role or position depending on the legal structure of manager) and compliance officer of manager to the AIF need to be submitted in a prescribed format.

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A total of 19,250 secured, rated and redeemable non-convertible debentures (NCDs) of Rs 50,000 each have been issued to AAV Sarl and Masala Investments Sarl, Satin said in a regulatory filing on Friday.

"The Board of Directors has considered and approved increase in the authorized share capital from Rs 20 crore divided into 20 crore equity shares of Re 1 each to Rs 30 crore divided into 30 crore equity shares of Re 1 each and consequential alteration in the Memorandum of Association of the company," it said.

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"On the daily time frame, Nifty50 has not made a new low since June 16. This reluctance of the market to trade below the low, even after six days, does suggest that the market is not in a mood to trade lower immediately.

Wall St opens higher with broad-based gains

Updated at : 2022-06-24 20:20:02

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The Dow Jones Industrial Average rose 169.58 points, or 0.55%, at the open to 30,846.94

This week’s rally came on the back of short covering in index heavyweights like TCS, Infosys, ICICI Bank, HDFC and HDFC Bank, which weigh around 33 per cent in Nifty. Reliance was the party spoiler which lost 3.5 per cent thi

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