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Shriram Finance said that its board members have authorised the sale of its housing finance subsidiary Shriram Housing Finance (SHFL) to global investor Warburg Pincus for ₹4,630 Crore.
Positive cues from Asian markets and potential reversal of previous day's decline.
The euro was barely moved, trading at $1.0786, but it has gained 1% against the dollar this month. In contrast, sterling last purchased at $1.2554, up about 0.5% so far in May.
Check out the price of Petrol and Diesel in your city today.
The healthcare research, analytics, and technology company's stock opened at ₹655 on the National Stock Exchange (NSE)
The week saw the CME Fedwatch reducing its expectations to just 2 rate cuts in calendar 2024
Despite the fall in IIP in March 2024, the IIP for manufacturing and electricity improved over February
While generic indices were all down this week, auto and FMCG index showed a sharp upturn
Despite the lower crude prices, the USDINR weakened to a four-week low on May 10, 2024
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