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Banks have been asked to submit claims latest by October 15 and update the position as on November 29, 2021 along with principal and interest, in a final updated list, to enable DICGC settle the claim and discharge its insurance liability.

"The Production Linked Incentive (PLI) scheme announced by the government for certain sectors is an important initiative to boost the manufacturing sector" said RBI governor Shaktikanta Das.

"I want all my employees to have BMWs," Freshworks CEO Girish Mathrubootham had told The Economic Times in an interview in 2015. After the Freshworks IPO, that may have become a reality for at least 500 of them.

The IPO, tentatively pegged at between $1 billion and $1.2 billion, will consist of a fresh issue of shares and an offer for sale (OFS) from existing shareholders, the sources said. The SoftBank-backed firm has appointed Kotak Mahindra Capital, JP Morgan and Citigroup to manage the public issue.

If progress toward the Fed’s employment and inflation goals “continues broadly as expected, the committee judges that a moderation in the pace of asset purchases may soon be warranted,” the U.S. central bank’s policy-setting Federal Open Market Committee said Wednesday in a statement following a two-day meeting.

Freshworks has become the first Indian software maker to list on Nasdaq after raising over $1.03 billion through its initial public offering (IPO) at a market capitalisation of $10.13 billion.

Prior to today’s transaction, the mutual fund held 151,040 shares of the company.

If progress toward the Fed’s employment and inflation goals “continues broadly as expected, the committee judges that a moderation in the pace of asset purchases may soon be warranted,” the U.S. central bank’s policy-setting Federal Open Market Committee said Wednesday in a statement following a two-day meeting.

Jubilant Ingrevia on Wednesday said its subsidiary Jubilant Life Sciences International Pte Ltd has divested its 10 per cent stake in Safe Foods Corporation for a consideration of $18.2 million (around Rs 134.2 crore).

The initial public offering (IPO) comprises sale of equity shares to the tune of Rs 500 crore, according to the draft red herring prospectus (DRHP).