Sebi tightens norms for SME IPOs

Sebi has tightened regulations for SME IPOs, mandating minimum profitability and capping offer-for-sale at 20%. SMEs now need at least Rs 1 crore operating profits in two of the last three years. The reforms also include phased promoter shareholding lock-in…

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Wits, prices and margins: India’s cola war is getting hot

Coca-Cola and PepsiCo are striving to maintain their market positions while expanding their reach in India as Reliance revives Campa Cola with aggressive pricing. The re-ignited cola wars include strategic distribution expansions and competitive advertising campaigns, poised for significant industry…

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