It makes commercial sense for a retail major like Reliance Retail to enter the business of FMCG products due to clear synergies and advantages.

The open offer for acquiring 1.67 crore equity shares, for which a price of Rs 294 per share has been fixed, will tentatively close on November 1, said an advertisement by JM Financial, which is managing the offer.

Brent crude futures for October settlement were down $7.12, or 6.8%, at $97.97 a barrel by 12:20 p.m. EDT (1620 GMT) after touching a session low of $97.91 a barrel.

"This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited and Srei Equipment Finance Limited was duly convened and conducted on Monday, August 29, 2022, from 5:15 P.M. onwards. The meeting was conducted virtually.

Fed Chair Jerome Powell last week made clear he and fellow monetary policymakers are prepared to raise borrowing costs as high as needed to restrict growth and push down inflation that's currently running at more than three times the Fed's 2% target, even though doing so will likely mean lost jobs and pain for households and businesses.

The fund raise plan is within the shelf limit of Rs 1,400 crore.The issue is proposed to be opened on September 5, 2022. It will be closed on September 22.The housing financier said the deemed date of allotment of bonds is fixed at September 28

​'The merge' will shift Ethereum to a proof-of-stake (PoS) mechanism from its existing proof-of-work (PoW) mechanism, making it more energy efficient and carbon effective.Vikram Subburaj, CEO, Giottus Crypto Platform, said that the Merge will change the consensus mechanism but it will not increase the capacity of the Ethereum network.

While the two private banks may subscribe about Rs 2,500 crore each, demand from other institutional investors will determine the final subscription size, the people said.