News Overview

The deal reduced Singtel's effective ownership in Bharti Airtel from 29.8% to 29%.

Approximately 4.9 Crore shares, equivalent to nearly 1% of the company's stake, were traded in the block deal.

Following Powell's comments, the U.S. dollar index dropped to a one-month low. For holders of foreign currencies, bullion becomes more affordable when the dollar weakens.

Top oil exporter Saudi Arabia increased the price of its trademark Arab Light crude, which it supplies to Asia, to $1.70 per barrel in April, above the Oman/Dubai average, according to trade sources, indicating a shortage of supply.

An investment totaling ₹3,000 Crore has been finalized for the joint ventures encompassing both CBG and EV projects.

Adani Group, a prominent airport operator in India, announced intentions to enter the duty-free business in November 2023.

According to data released on Thursday, Australia's trade surplus expanded in January due to an increase in farm product and gold exports that outpaced an increase in vehicle imports.

The OFS will be available for subscription to institutional investors on Friday, non-retail investors on Thursday, and retail investors on March 11, according to a stock market filing.

Investors with moderate risk appetite should invest in the Bandhan Long Duration Fund for 3-5 years.

With six manufacturing facilities, four in India and two in Oman, Mukka Proteins also operates three blending facilities and five storage facilities in India, strategically located close to the coastline.