Shares of IndusInd Bank have tumbled 33 per cent in March and 29 per cent year-to-date (YTD). IndusInd is India’s fifth-largest private lender. On March 10, it disclosed that its derivatives portfolio was overvalued by around 2.35 per cent – after non-compliant internal trades. It noted discrepancies in its derivatives portfolio, which could result in a one-time loss of ₹2,000 crore in the March quarter.
Indira IVF Hospital IPO: Fertility clinic chain scraps plans to launch public issue, withdraws draft papers
Fertility clinic chain Indira IVF Hospital has withdrawn its draft IPO papers, which were filed through the confidential route, an update with markets regulator Sebi showed on Tuesday. The confidential…