Crisil Ratings expects “further improvement” in Airtel’s overall credit risk profile over the near to medium term on the back of improving cash accruals, the telco’s deleveraging plans, including the upcoming rights issue, notwithstanding adjusted gross revenue (AGR) dues and additional expenses incurred in acquiring spectrum in the last 4G auction in March.

Its pricing will be decided at a meeting between company representatives and the National Expert Group in Vaccine Administration for Covid (NEGVAC), headed by Niti Aayog member VK Paul, and health ministry officials, likely to be held this week, they said.

Oil prices fell for the second straight day on Wednesday as doubts re-emerged over demand, with COVID-19 cases continuing to rise worldwide and gasoline shortages in some regions. Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.

Gold prices were flat near a seven-week low on Wednesday, pressured by a rise in the dollar and U.S. Treasury yields on growing expectations of an earlier-than-anticipated interest rate liftoff. Spot gold was flat at $1,735.17 per ounce by 0123 GMT. On Tuesday prices fell to their lowest level since Aug. 11 to $1,726.19.

Asian shares lost ground on Wednesday, tracking declines on Wall Street as investors fretted over economic uncertainties that caused a spike in U.S. benchmark bond yields and pushed the dollar to a more than 10-month high

ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 292642.77 Crore) operating in Tobacco sector.

As per the CBI, Rana Kapoor and his family members had allegedly received kickbacks of around Rs 600 crore for an investment of Rs 3,700 crore made by Yes Bank in DHFL’s debentures.

Gujarat-based Sajjan is a contract manufacturer of active ingredients (agro), electronic chemicals, specialty chemicals and intermediates, having applications across agrochemicals, pharmaceuticals and dyestuff.

UBL, in a stock exchange notice, said it is reviewing the order in consultation with its legal advisers. Executives of the three beer companies, which control over 90% of the market, exchanged sensitive information and colluded to fix beer prices since 2005, CCI said in its order.

The assets attached on Tuesday are in the form of investments made by the brothers through WGC-UK in UK-based companies, the agency said in a press release.