Although investor expectations are high that tapering will start in 2021, there is still much uncertainty around when the Fed will announce and subsequently reduce bond purchases. The same applies to when it will then hike interest rates for the first time since 2019, before the pandemic led it to slash rates to zero.

Larsen & Toubro’s hydrocarbon engineering division has won a “significant order” from Petronet LNG as a part of its Dahej expansion project in Gujarat, the former said in a statement on Monday.

Days after managing director Abhay Bhutada quit following the Sebi action on insider trading in erstwhile Magma Fincorp shares, advisory and consulting major KPMG India on Monday terminated the services of one of its partners, Saumil Shah.

Yes Bank announced a partnership with Visa for credit card issuances, in line with peers who are signing up with the payments major.

In April, the union cabinet approved the production-linked incentive (PLI) scheme for the manufacturing of high-efficiency solar photovoltaic module.

The decentralised finance (DeFi) landscape offers multiple opportunities but smart-contract exploits are becoming an increasing concern, as fraudsters could take advantage of flaws in the code.

In another transaction, Kuber India Fund sold 113,468 shares of Windlas Biotech at Rs. 379.7 apiece through a bulk deal on the NSE.

Currently, among the emerging market, the Indian government bonds (IGBs) have lowest foreign ownership at about 2.5 per cent -- only ahead of the Philippines -- while the same is a tad over 30 per cent in South Africa and close to 14 per cent in China, according to a Bank of America Securities report on Monday.

The estimate comes on the back of a surge in IPO activity in the last few months, which has seen companies raise $10 billion from public markets since the beginning of the year -- higher than the money raised in the three years prior to that, Goldman Sachs said.

The company has allotted 29,27,485 equity shares to anchor investors at Rs 175 apiece, valuing the transaction at Rs 51.23 crore, according to a circular uploaded on the BSE website.