The shareholders of McDowell including Porinju Veliyath’s Equity Intelligence and US investment firms Acacia Partners, and the financial creditor are locked in a legal battle over control of the company. The appeal in the Supreme Court was filed by 15.51% of shareholders.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500