Meanwhile, the non-banking financial arm of Federal Bank, Fedbank Financial Services Ltd (FedFina), plans to raise funds through an IPO.
The company has not yet finalized the size, pricing, and tenor.
The dollar index fluctuated close to a more-than-year low, lowering the price of gold for owners of other currencies.
The company successfully filed its first Abbreviated New Drug Application (ANDA) for the BORTEZOMIB injection with the US Food and Drug Administration (USFDA).
The government ordered an inspection of the company following reports of alleged tax evasion
The new wind project adds 115 MW to Torrent Power's installed renewable capacity, bringing it to 1.18 GW.
Reportedly, the bank is planning to issue 15-year infrastructure bonds.
Brent futures were down 14 cents, or 0.2%, to $79.32 per barrel, while WTI crude for the United States was down 15 cents to $75.20 per barrel.
Recommendation: Buy; Target price: Rs 5092
The appointment will be valid from the date of assumption of office until his superannuation on December 31, 2025, or until further orders are issued
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