Transworld Holdings, which held a 71.25% stake in the company, offered to repurchase shares at ₹400 each, but only 16.61% of shares were tendered, leaving a shortfall of 2.14 percentage points.
S&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged following geopolitical tensions and a
Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high,
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