From early Saturday to Monday, Brown, Green, Orange and Pink lines will be suspended downtown while CTA crews replace critical track switching equipment.
In the midst of a federal government shutdown, the U.S. governments gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on Americas balance sheet.
Infosys promoters, including co-founders like Narayan Murthy and Nandan Nilekani, will not participate in the company's Rs 18,000 crore share buyback. This decision will lead to a slight increase in their shareholding percentage and could impact their voting rights. The buyback aims to return surplus funds to shareholders and enhance long-term value by reducing the equity base.
Small finance banks have approached the Reserve Bank of India with key requests. They want the regulator to ease a rule requiring half their loans to be under 25 lakh. They also seek permission to participate in co-lending arrangements. These changes aim to help SFBs expand their reach and serve more businesses, particularly MSMEs.
