Markets regulator Sebi has allowed all non-banking financial companies (NBFC), including housing finance companies, to invest in security receipts issued by Asset Reconstruction Companies (ARCs), a move aimed at encouraging investments in the bad loans space.
Food delivery, QSR stocks slip on LPG shortage fears
Restaurant and delivery platform stocks saw a dip on Thursday. A shortage of commercial LPG cylinders is disrupting operations. This is impacting kitchen functions in