New Delhi, March 18 -- Moody's Investors Service has affirmed IndusInd Bank's long-term foreign currency deposit rating at Ba1 with a stable outlook. However, the agency has placed the bank's Baseline Credit Assessment (BCA) under review for a possible downgrade due to concerns over internal controls following the discovery of discrepancies in the bank's derivative accounts.

Vedanta Chairman Anil Agarwal reiterated the company's dedication to unlocking value, stating that the four new entities resulting from the demerger have the potential to each grow into $100 billion companies.

Bajaj Finserv has entered into share purchase agreements (SPAs) to acquire Allianz SE's 26% stake in their joint insurance ventures-Bajaj Allianz General Insu...