Yes Bank’s board has approved the sale of stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio.
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.
Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global hyperscaler
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