Ahead of Market: 10 things that will decide D-Street action on Thursday

Ahead of Market: 10 things that will decide D-Street action on Thursday

Indian equities, ahead of the crucial RBI policy outcome on Thursday, ended on a positive note. The Nifty settled at 19,633, up 62 points, while the Sensex added 149 points, settling at 65,996. Sectorally, the trend was mixed with metal and media emerging as top gainers, while realty was the laggard. Here’s how analysts interpret … Read more

Authum pleads with SC for nod to RHFL resolution plan

Authum pleads with SC for nod to RHFL resolution plan

Mumbai: Authum Investments and Infrastructure has filed a special leave petition in the Supreme Court, seeking a go-ahead for its ₹2,887-crore resolution plan to take over Anil Ambani’s (RHFL). Authum’s petition has come even as lenders are seeking a higher amount from the company, citing the higher cash accumulated in RHFL due to the 18-month … Read more