Byju’s and its lenders, who own more than 85% of the edtech startup’s $1.2 billion term loan, have agreed to work towards amending that loan by August 3, the steering committee of the creditors group said on Monday.
The incident pertains to an IndiGo Goa-Delhi flight on Sunday, which was diverted to Mumbai due to massive fog-related disruptions at the Delhi airport.
Adani Energy Solutions on Friday said it has successfully commissioned the Karur Transmission project, which will facilitate electricity evacuation from Karur/Tiruppur Wind Energy Zone.
Gold is often used as a safe store of value during economic and geopolitical stress and the rate of the precious metal has jumped over $130 or nearly 8 per cent since falling to a seven-month low on October 6.
At present, Air India has a code share partnership with United Airlines.
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
Stating that India needs to grow at 8 per cent, Ajay Piramal, chairman, Piramal Enterprises, said that we need to speed up implementation and have faster approvals.
L&T, ITC, Sun Pharma, Coal India, Cipla, Axis Bank, Maruti Suzuki, Reliance Industries, Hindustan Unilever, IndusInd Bank, Bharti Airtel, SBI Life, Adani Enterprises and Adani Ports lifted the key indices.
Fresh foreign fund inflows and intense buying in IT and commodity stocks also bolstered sentiment, traders said.