Vodafone Idea target price: For BofA Securities, VIL is not a Buy as it is further awaiting clarity on funding position improvement post FY26 as the spectrum moratorium ends.

The National Company Law Tribunal (NCLT) on April 8 gave another 60-day extension to Go First to complete its insolvency process, which was the third extension sought by Go First.

Brent crude futures for July fell 70 cents, or 0.8%, to $85.63 a barrel by 0456 GMT. US West Texas Intermediate crude for June declined 75 cents, or 0.9%, to $81.18 per barrel.

The admission came a day after the pharma giant admitted in a UK court that its COVID-19 vaccine sold globally as Covishield and Vaxzevria may cause Thrombocytopenia Syndrome (TTS) in very rare cases.

Following Manian's exit, the Wholesale, Commercial and Private Bank will now report directly to Vaswani, while the Asset Reconstruction Division will report to Shanti Ekambaram, Deputy Managing Director.

The RBI said that an operational disruption can threaten the viability of a regulated entity (RE), impact its customers and other market participants, and ultimately have an impact on financial stability.

Emphasizing the significance of their recent order for Airbus A350-900s, Elbers highlighted the potential for enhanced connectivity across global destinations with major Indian cities.

Go First crisis: Go First owes a total of $780.88 million to its creditors that include Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank.

Bank holiday on May 1: Banks in Thiruvananthapuram, Patna, Panaji, Nagpur, Mumbai, Kolkata, Kochi, Imphal, Guwahati, Hyderabad, Chennai, Bangalore, and Belapur will be closed for Maharashtra Din/May Day (Labour Day), as per the Reserve Bank of India (RBI) holiday calendar.

Fractures in supply chain, compounded by stringent regulatory oversight, is causing ripples in generic drug manufacturers' production capacity in US, a report by IIFL Securities noted