This follows CFM offering ₹78 crore to take over Carnival’s ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging bid by the October 31 deadline, people familiar with the matter said.
Rupee likely to trade below 92/$ in case of long war: BoB
The Indian rupee faces pressure and may fall below 92 against the US dollar. A prolonged conflict between the US, Israel, and Iran could drive