AgenciesDomestic benchmark index NSE Nifty ended 18.1 points down at 18297.0, while the BSE Sensex closed 35.68 points down at 61904.52.
On the other hand, Neuland Labs, Kirloskar Bros., De Nora India, Atam Valves and Naga Dhunseri Group stocks hit their fresh 52-week highs today.
In the Nifty 50 index, Adani Ent., Asian Paints, HUL, Adani Ports SEZ and NTPC were among the top gainers on the NSE in the today's trade.
Thursday, 11 May, 2023- Front Page
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- NCLT OKs Go First Flight to Insolvency Protection
A bankruptcy court in New Delhi Wednesday approved the application of Go Airlines (India) to admit the carrier into the insolvency resolution process, allowing the first such voluntary bankruptcy protection involving a local airline. One of the biggest lessors may file an appeal against the order soon.
US Investor Slashes Ola Valuation by 35% to $4.8 BillionFunds managed by US investment firm Vanguard marked down the valuation of ride-hailing company Ola by 35% to $4.8 billion from $7.4 billion, according to regulatory filings with the US Securities and Exchange Commission.
Sebi Moots Higher Threshold for Investment in AIFsThe capital market regulator on Wednesday broached the idea of raising the minimum ticket size of investment in private equity (PE) and venture capital (VC) funds while favouring a regime that eventually paves the way for only deep-pocketed investors to put money in these funds.
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