Fitch believes that loans to all Adani group entities generally account for 0.8%-1.2% of total lending for Fitch-rated Indian banks
Exposure to Adani group is insufficient in itself to present substantial risk to the banks’ standalone credit profile
Public banks could face a risk in the form to pressure to provide refinancing for Adani entities if foreign banks scale back their exposure
Source: Fitch Ratings
PVR has fixed February 17 as the record date for determining INOX holders that will get the company’s shares as part of the merger.
Source: Exchange filing
The broader market indices were trading lower; S&P BSE MidCap was down 0.24%, whereas S&P BSE SmallCap was lower by 0.33%.
Fifteen out of the 19 sectors compiled by BSE declined, while the only four advanced in trade.
The market breadth was skewed in favour of the bears. About 1,422 rose, 1,950 declined and 157 remained unchanged on the BSE.
SEBI has returned Prem Watsa’s Fairfax and Virat Kohli-backed Go Digit’s DRHP on January 30.
The company in it's statement cited that the employee stock appreciation rights issued by the company are not exempt under SEBI Regulations
This is unlike employee stock options which are exempt
It is therefore, evaluating amendments to it's employee stock appreciation rights scheme and will refile the revised DRHP in due course.
Source: SEBI update and company statement
The yield on the 10-year bond opened 1 bp higher at 7.33% on Tuesday. It closed at 7.32% on Monday.
Source: Bloomberg
The local currency strengthened against the greenback on Tuesday by 10 paise to 82.64 at open. It weakened over 1% to 82.74 at close on Monday.
Source: Bloomberg
Stocks Eke Out Small Gain In Asia Ahead Of Powell: Markets Wrap
TV Today Network: Seetha Kumari sold 6.76 shares (1.13%) at Rs 302.31 apiece.
Adani Group Share Clues Can Be Seen in Surging Options Market
Tata Steel Q3 Results: Reports Loss On Higher Taxes, Material Costs
RBI Monetary Policy Preview: The Last Of The Lot?
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