News Overview

In its judgement dated May 6, the NCLT Bench, which is composed of judicial member Reeta Kohli and technical member Madhu Sinha, approved the resolution plan that Sapphire Media Limited had filed.

He joined Zee Media in 2022 as Chief Business Officer and P&L head for linear channels (excluding WION and Zed Business).

The bank is focusing on mid-sized businesses in this sector, which is its fastest-growing business segment within its corporate banking division.

Realty and metals sectors suffered the most, both recording over a 2% decline, while other sectors were also in the red except for Nifty FMCG, which saw a 2% increase.

The company has named Shivani Desai as CEO of BDO Executive Search Services in order to lead the endeavour.

Disbursal to AUM ratio improved to 25.5% from 22.8% in the previous quarter. Pre-provision operating profit (PPOP) surged by 75.11% YoY to ₹763.80 Crore.

Adani Green's shares rose to ₹1,790 per share following the news of this development, before falling back to ₹1,770.

15% of shares are reserved for non-institutional investors, up to 50% for institutional buyers, and 35% for retail investors.

As per the data released on Friday, the United States' job growth slowed down in April more than anticipated.

U.S. West Texas Intermediate (WTI) crude futures increased 46 cents, or 0.59%, to $78.94 per barrel, while Brent crude futures gained 46 cents, or 0.55%, to $83.79 per barrel.