Four parties, including the promoter and Germany’s Mutares Group, have shown interest in acquiring Syska LED Lights, which has admitted claims of ₹226 crore. Lenders are scrutinizing bids due to a lack of formal board authorization from one applicant. The resolution process is advanced, with lenders anticipating over 50% recovery.
10-year US Treasury yields surges over 5.05% to 19-year high
The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal