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Benchmark indices Sensex and Nifty extend losses for the fourth consecutive day amid disappointing earnings and continuous FII outflows. Key stocks in focus include ITC, which has broken crucial support levels; ACC, nearing critical support after disappointing earnings; and Adani Wilmar, showing positive momentum post-Q2 earnings.
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Simon Jack asks what reform of the troubled sector could mean for customers and their bills.
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The settlement comes a month after the Justice Department sued the ships owner Grace Ocean Private Ltd. and manager Synergy Marine Group, both based in Singapore, seeking to recover funds from the cleanup.
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News and Media
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