Domestic indices opened in the red territory on Wednesday amid negative sentiment in the global markets. The markets fell on rate hike fears after Fed chair Jerome Powell’s hawkish statement. The BSE Sensex fell 160.64 pts or 0.27% to 60,063.82 and NSE Nifty 50 dipped 50.85 pts or 0.29% to 17,660.60. Bank Nifty plunged 118.70 […]
The Vodafone Idea board on Tuesday, for the second time, approved a proposal to settle Rs 1,600-crore dues with telecom tower firm ATC Telecom Infrastructure through the issuance of equity convertible debt bonds. However, this time the board has not said the optionally convertible debentures (OCDs) would be subject to the government having converted the […]