The mining and metals conglomerate has $1 billion of 13.875% bonds coming up for repayment in January, another $1 billion of 6.125% paper due in August 2024, and $1.2 billion of 8.95% bonds maturing in March 2025.

Through the latest changes, the IBBI has introduced a common application form for both enrolment and registration processes. It has also set a timeline of 60 days for the approval of the unified application (for enrolment) by the insolvency professional agency (IPA) and of 30 days for forwarding the application (for registration) to the regulator.

The Supreme Court had stayed a liquidation order of the sugar maker given by the National COmpany Law Tribunal (NCLT). The National Company Law Appellate Tribunal, too, had upheld the NCLT order. Lenders did not receive any counteroffer for the ₹222.5 crore binding offer by NARCL, which triggered a Swiss challenge auction held on September 18.

Resource mobilisation in the private placement market was at ₹8.83 lakh crore in FY23, the highest on record, provisional data in the Reserve Bank of India's latest Handbook of Statistics on Indian Economy showed. In 2021-22, funds raised through private placement were at ₹6.32 lakh crore, the data showed. The figures are compiled based on data received by the RBI from merchant bankers, financial institutions, and stock exchanges.

PFC will fund around 67-76% of the project tentatively, the state-owned company said on Wednesday. "PFC's financial support in the form of term loan is tentatively proposed to range from ₹80,000 crore to ₹90,000 crore, demonstrating a substantial commitment to the realisation of these vital projects," it said.

TotalEnergies will make a $300 million equity investment into the venture while Adani Green will bring the assets to the table. The portfolio will comprise a mix of 300 MW of operational, 500 MW of under construction and 250 MW of planned assets with a blend of both solar and wind power.

SJVN is a mini-ratna company in which the Union government holds a 59.92% stake and the Himachal Pradesh government owns 26.85% stake.

The move to leave its benchmark rate at about 5.4% suggests that the Fed thinks it has time to wait and see if the 11 rate hikes it unleashed starting in March 2022 will continue to cool rising prices.

An injection of funds by the RBI implies deficit liquidity conditions in the system. Outflows on account of quarterly corporate advance taxes and goods and services tax have drained banks of funds.

Analysts expect the stock to underperform in the near future, while investors might shift focus to peers such as ICICI Bank and Axis Bank.

The wealth management firm, earlier called Edelweiss Wealth Management, has received approvals from shareholders and almost all the authorities, including the National Company Law Tribunal and stock exchanges, for listing, chief executive and managing director Ashish Kehair said.

BCL Industries has a market capitalisation of over Rs 1300 crore on the BSE and trades with a P/E multiple of 20.02x and an earnings per share (EPS) of 27.80, BSE data showed. The daily Relative Strength Index (RSI) is at 71.8. RSI above 70 is considered overbought. This implies that the stock may show pullback. The daily MACD is above its center and signal line — this is a bullish indicator

This week’s Fed meeting comes as central banks around the world are mostly raising rates to fight inflation, which spiked after the pandemic hampered global supply chains, causing shortages and higher prices.

The fund is a Category II AIF under SEBI AIF Regulations. Omkarm sees Indian infrastructure logistics as one of the areas that will drive the country forward as well as deliver high-quality returns, thereby aligning with the investment manager’s core value of delivering purpose-backed returns.

At 11:47 a.m. ET, the Dow Jones Industrial Average was up 190.38 points, or 0.55%, at 34,708.11, the S&P 500 was up 7.87 points, or 0.18%, at 4,451.82, and the Nasdaq Composite was down 24.00 points, or 0.18%, at 13,654.18

A long bear candle was formed on the daily chart with an upper shadow. This candle pattern indicates the formation of a short-term top reversal pattern in Nifty at the swing high of 20,222 levels

In a separate release, the Competition Commission of India (CCI) approved the proposed acquisition of additional unit holding in Highways Infrastructure Trust by 2452991 Ontario Ltd.

Kolkata-based AMRI Hospitals is owned by FMCG-to-realty conglomerate Emami Group and comprises of over 1,200 beds, over 800 doctors and 5,000-plus healthcare professionals.

The Indian equity benchmark, amid decadal high US bond yields and a strong dollar, extended its losing streak for the second consecutive session on Wednesday. The Nifty benchmark ended over 1% lower at 19,901, while the Sensex tumbled close to 800 points to close the day at 66,800. Nervousness ahead of the crucial Fed meeting outcome, continued FII selling, and rising crude oil prices also weighed on market sentiment.Experts foresee a cautious mood prevailing in the near term, while profit booking in the broader market is likely to continue."Nifty has dipped below its previous swing high on the daily chart, indicating a decline in bullish sentiment. Following a period of consolidation, the index experienced a correction, which could be considered an early indication of a bearish reversal. Additionally, a negative crossover is evident on the daily RSI. In the short term, it is probable that the Nifty will decrease toward the 19,700-19,630 range. Selling on rallies might remain a favorable strategy as long as the index remains below the 20,000 mark,” said Rupak De, Senior Technical Analyst at LKP Securities.Here are the stock recommendations for Thursday:

The fund is a Category II AIF under SEBI AIF Regulations. Omkarm sees Indian infrastructure logistics as one of the areas that will drive the country forward as well as deliver high-quality returns, thereby aligning with the investment manager’s core value of delivering purpose-backed returns.

The offer for 28 pence per share from Hedin, which holds a 27.6% stake in Pendragon, and PAG comes a year after Hedin made a cash offer of 29 pence per share for the company.

The heavy election calendar will likely exert pressure on the government to boost social spending with schemes to boost annual transfers to farmers, expanding health insurance, and interest subsidy on home loans, foreign brokerage Jefferies said in a report.

Instacart, which counts Costco Wholesale, Kroger and Aldi among its retail partners, has seen its orders grow despite slowing from pandemic highs as people stick with their lockdown habits of ordering groceries and essentials from the comfort of their homes.

The floor price for the offer has been fixed at Rs 69, which is at nearly 16% discount to the current market price. Only non-retail investors will be allowed to place their bids on T day, and while placing their bids, they may indicate their willingness to carry forward their unallotted bids for T+1 day for allocation to them in the unsubscribed portion of retail category

Dow Jones Industrial Average rises 57.77 points at the open to 34,575.50, S&P 500 opens higher by 0.20% and Nasdaq Composite gains 0.23% to 13,710.26