Electric vehicles are a focus area for the company, which will introduce its first product in the segment next quarter. Apart from local sales, some of the key geographies for EV products will be Europe and Latin America, Hero MotoCorp global business head Sanjay Bhan told ET.

Baring, which holds the credit for one of the early syndicated acquisition financing for a private equity fund when it bought technology firm Hexaware in 2013, is in talks with a group of banks including Nomura, MUFG, Investec, Barclays, Deutsche Bank and JP Morgan, three people with knowledge of the development told ET.

It acquired a principal loan portfolio of ₹141 crore from Indian Overseas Bank at a reserve price of ₹84.8 crore under a structured deal of 25:75. Here, the ARC paid 25% of the transaction value upfront and the balance will be paid in the form of security receipts that will be redeemed as it recovers money from borrowers.

Shareholders of listed entities including Future Retail, Future Lifestyle Fashion, Future Enterprises, Future Consumer, Future Market Networks and Future Supply Chain Solutions ended voting on Wednesday afternoon.

In response to the unprecedented lockdowns, the RBI reduced policy rates by 115 basis points, causing the cost of financing to hit the lowest on record.

The Bengaluru-headquartered company, which was impacted by a client-specific issue, higher subcontracting costs and talent-related issues during the last quarter of fiscal 2022, is clear that it’s guidance for this financial year comes from three fundamental factors, according to Parekh.

Automobile and auto components, advanced chemistry cell batteries, specialty steel and high-efficiency solar panels have attracted the maximum interest.

The inquiry pertains to a complaint filed by S Gurumurthy with Sebi in 2002 alleging irregularities in certain capital market issues made by the company between 1994 and 2000.

Gold prices dipped on Thursday, tracking a rebound in U.S. Treasury yields and the dollar, which continued to weigh on demand for safe-haven bullion. Spot gold was down 0.2% at $1,953.21 per ounce, as of 0039 GMT. U.S. gold futures were nearly flat at $1,956.20.

The Dow Jones Industrial Average rose 249.59 points, or 0.71%, to 35,160.79, the S&P 500 lost 2.76 points, or 0.06%, to 4,459.45 and the Nasdaq Composite dropped 166.59 points, or 1.22%, to 13,453.07.