A block trade involving Clean Science and Technology’s promoters faced disruption due to a broker error by Avendus Spark Institutional Equities. A ‘punching error’ led to the sale of significantly more shares than authorized, causing concern for the company and investors. Avendus Spark is taking steps to rectify the situation, assuring no financial impact on the seller.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an