Wed, Mar 22, 2023 11:40 AM
Disappointing debutants! 10 of 11 recent IPOs trade below issue price
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Majority of Reserve Bank of India (RBI)'s monetary policy committee members expressed caution on upside risks to inflation, particularly emanating from uncertainties in food prices, at the panel's policy review, showed the minutes of the meeting on April 19. In March, India's retail inflation eased to a ten-month low of 4.85 percent, as against 5.09 percent in February.
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Tesla is recalling more than 3,000 of its newly launched 2024 Cybertrucks because of the possibility that a pedal can get stuck and cause the vehicle to accelerate unintentionally, increasing the risk of a crash. Tesla said that the accelerator pedal pad may dislodge and become trapped by the interior trim. The National Highway Traffic Safety Adminstration said that the recall involves model.
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The Reserve Bank of India (RBI) on April 15 imposed a monetary penalty of Rs 10 lakh on NABFINS Limited, a subsidiary of NABARD, for non-compliance with certain rules. This is related to non-compliance provisions of the non-banking financial company - systemically important non-deposit taking company and deposit taking company directions, 2016, the RBI said.
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