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FirstMeridian Business Services' IPO gets SEBI nod
The company in its IPO papers said it plans to utilise the net proceeds from the fresh issue towards the payment of debt
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Banks may lose deposits to markets
Most people who prefer mutual funds to fixed deposits have moved to equity funds
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Report: Elon Musk said to begin employees lay off at Twitter
Elon Musk has also informed that Twitter will form a “content moderation council"
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Centre extends ban on sugar exports for another year
As per the notification, the restriction is not applicable to Sugar being exported to European Union and the USA
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Curbs on sugar exports extended in India till Oct 2023
The government official added that India is expected to produce record sugar crop this year
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ECB doubles rate to most in over a decade despite recession fear
Money markets pared rate-hike wagers slightly, pricing 56 basis points of tightening in December versus 58 basis points earlier
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Nykaa shares fall below IPO issue price; Delhivery trades near 52-week low
Meanwhile, another new age stock Delhivery was trading near its 52-week low level of ₹377
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