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This move comes after receiving approval from the National Payment Corporation of India (NPCI), indicating a strategic shift in Paytm's operational framework.

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Aggarwal also restated the company's goal of reaching an annual Group EBITDA of $7.5 billion within two years

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Overall MF AUM fell in March, but retail shares further improved in the month.

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Ruchir Tiwari will continue to oversee the Hindi Movies cluster, while Vishnu Shankar will lead Hindi GEC and TV, as well as the FTA section.

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A string of solid U.S. economic data and ongoing inflation have dampened expectations of rate decreases in the foreseeable future

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Loretta Mester, president of the Cleveland Federal Reserve Bank, stated that she anticipates price pressures to lessen further this year, enabling the Fed to lower borrowing costs

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U.S. oil futures were trading 2 cents higher at $82.71 a barrel, while Brent futures were up 10 cents, or 0.11%, at $87.39 a barrel.

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Analysts of IIFL Capital Services expect Indus to reinstate dividend from FY25 as it again starts generating healthy FCF (dividend payout policy is 100% of FCF). The stock is attractive at 4.5%/7.2% FY25/26 dividend yield.

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Biomm's Nova Lima production facility is dedicated to the development, manufacture, and commercialization of complex biotech and biosimilar medicinal products.

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