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The net proceeds from the fresh issue will be utilised for pre-payment or scheduled repayment of a portion of the existing borrowing availed by the company, funding capital expenditure requirements towards purchase of machinery, infrastructure repairs and renovation of its existing production facilities including office premises in India and general corporate purposes.",As part of the deal for UBS to take over Credit Suisse, the Swiss regulator determined that Credit Suisse’s AT1 bonds with a notional value of billion would be wiped out, a decision that stunned global credit markets and angered many holders.",The S&P BSE Sensex slipped 314.04 points (0.52 per cent) to end at 60,008.33 while the Nifty 50 ended 100.55 points (0.56 per cent) to settle at 17,898.65. Both the indices had opened lower earlier in the day and traded in a choppy manner before ending in the red.",Kareena Kapoor Khan and Saif Ali Khan are among the celebrities who are holidaying in Europe this season.",Though the film couldn’t achieve a stunning start like some of Mammootty’s mass movies, it still earned an India nett of Rs 2 crore on Day 1, as reported by industry tracker Sacnilk. Meanwhile, there is optimism for Kannur Squad to perform even better on Friday, potentially eking out Rs 2.57 crore, thanks to the positive feedback it has been receiving. Given that many of its competitors received mixed to negative reviews, the Mammootty-starrer might witness even stronger box office results over the weekend.",Kerr was sidelined by a calf injury sustained in training on Wednesday and will also miss the co-hosts’ second Group B match against Nigeria in Brisbane next week.",In guidelines issued in 2022, the RBI had indicated it was not in favour of such arrangements since they could encourage lenders to take on undue risk.",At around 4.30 am, the driver of the lorry lost control of the vehicle and smashed the railings on NH-44 near Bhagyanagar village, leaving over 30 of the workers injured. According to Nirmal police, the driver had dozed off while driving. The vehicle rolled down the highway and turned turtle.",S&P Global Ratings said on Monday a recommendation from an Indian central bank committee to allow industrial conglomerates to set up banks as part of proposed changes to the banking sector, is fraught with risk.",Dakshina Kannada district in-charge minister Dinesh Gundu Rao said on Saturday that Akash Shankar, additional commissioner of the education department in Kalaburagi, was entrusted to inquire into the incident.",The event is being organised by Tulukoota Bengaluru and buffalo racing teams from coastal Karnataka are scheduled to participate. It is the first time that Kambala is being held in Bengaluru.",As a leading bookmaker in Asia, brings a high-quality betting experience to players.⚡.