Barring the US dollar pegged Tether, nine out of top 10 cryptocurrencies were trading lower at 9.30 hours IST. Solana shed more than 6 per cent, whereas Polkadot tanked 5 per cent. Ethereum declined 4 per cent.

“The markets are pricing in tightening by around March 2023. If we do see a shift towards earlier tightening and if the dot plots shown earlier shift, one could see a hawkish reaction in markets.”

Following the approval, shares of Zee Entertainment hit the 15 per cent upper circuit limit at Rs 294. Zee Media rallied 4.92 per cent to Rs 12.36 while Zee Learn jumped 16 per cent to Rs 16.15.

The stock quoted a 52-week high price of Rs 143.25 and a 52-week low of Rs 66.85.

Sources said that the deal with Tata - Airbus is likely to be signed on Thursday, two weeks after it was given a go ahead by the Cabinet Committee on Security. The signing is likely to include top officials from Tata and Airbus besides the ministry of defence.

Based on the existing estimated equity values of ZEE and SPN, the indicative merger ratio would have been 61.25% in favour of ZEE.

HCL will establish a tech lab in Berlin that will combine fintech mindset, agile culture and customer focus with engineering expertise, global delivery capabilities, and deep domain knowledge of financial services and risk management.

State-owned fossil fuel giant CIL has applied too; as have American firms First Solar and CubicPV. ET has seen a copy of the bid document released by the Indian Renewable Development Agency (IREDA), the financing arm of the Ministry of New and Renewable Energy (MNRE).

Torrent Power has entered into an agreement with CESC Limited, Haldia Energy Ltd and other nominal shareholders for the acquisition of 100 per cent of the share capital of Surya Vidyut Ltd, the statement said. The enterprise value estimated for this acquisition is about Rs 790 crore, subject to closing price adjustments. The acquisition is further subject to customary conditions for transaction closure.

Infosys announced its collaboration with digital workflow company ServiceNow to provide enterprise-level service management for customers in manufacturing industries.