In the past one month, several banks have hiked up interest rates for fixed deposits of less than Rs 1 crore, making them an attractive savings option.

FIIs have been on a withdrawing spree in September and October on the back of US providing more attractive options for investing. In September, they pulled out Rs 21,035 crore from the Indian capital market.

The latest buzz is that the round will include an estimated $300 million worth of secondary share sales by some key backers of Swiggy. However, this is likely to be made at a discount to the valuation being negotiated for the primary investment.

A dual-examination system may lead to standardisation in PG management courses.