Goldman Sachs acquired approximately 11 lakh shares of TD Power Systems in a block deal valued at Rs 50.30 crore, purchasing them at Rs 460 per share, a 7% discount from the previous day's closing price. Despite this acquisition, the stock experienced a slight dip, closing at Rs 483 on the NSE.
The RBIs net forex purchases surged to $14.4 billion in Marchits highest since June 2021following $20 billion in buy-sell swaps. These actions aimed to infuse rupee liquidity into the banking system and manage forward dollar positions, helping support monetary policy transmission amid a strengthening rupee.
A small plane crashed into a San Diego neighborhood during foggy weather early Thursday, setting about 15 homes on fire as well as vehicles, and forcing evacuations along several blocks, authorities said.
Bond yields inched higher and Wall Street flipped from small gains to losses before the opening bell Thursday after rising U.S. debt sank markets on the previous day.
IndusInd Internationals Ashok Hinduja backed the banks leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHLs financial support. Despite accounting lapses, core operations remain strong as the bank aims to restore credibility.
