Under the proposed donation, Motilal Oswal and Raamdeo Agrawal will offload 73.97 lakh shares each. The combined value of the donation amount through stake sale is about Rs 1,240 crore.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend