Mon, Sep 7, 2020 1:23 AM
Rural, semi-urban areas bright spot for tyre industry - MRF
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Mahindra & Mahindra Financial Services (M&M Finance) will increase due diligence around customer onboarding and bring all branches under centralised processes as it puts in place safeguards to ensure the fraud reported in its Aizwal branch is not repeated, CEO Raul Rebello told analysts in a conference call.
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✅GIFT Nifty signals a muted start. ✅India VIX rose 2.4% to settle at 17.01 levels. ✅Stocks in Asia struggled for direction following a sluggish US session. ✅Oil prices fell in early Asian trading hours on Wednesday. ✅FPIs were net sellers at Rs 3,668 crore on Tuesday. ✅The rupee consolidated in a narrow range and settled higher by 1 paisa at 83.51 against the US dollar on Tuesday.
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FTX will have between $14.5 bn to $16.3 bn to pay its creditors and customers, according to an amended reorganization plan filed by it on Tuesday in a U.S. bankruptcy court. FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused HF controlled Sam Bankman-Fried, FTX Ventures businesses, and litigation claims.
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