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Retail value inflation eased to an 18-month low of 4. 7% in April from 5. 66% last month, sliding towards the Reserve Bank of India’s target rate of 4%, suggesting the central bank may continue to keep policy rates at existing grades for longer.
Byju’s has closed a Rs 2 billion circular from Davidson Kempner Capital in a structured cash flow credit transaction from its cheque preparation subsidiary Aakash Educational Services, two other people familiar with the progression told ET.
The Supreme Court said on Friday it could give just another three months to the Securities and Exchange Board of India (Sebi) to complete the investigation into allegations by US short trader Hindenburg Research against the Adani Group.
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