The regulator communicated its decision to the FPIs’ representatives last week, the people said, reviving a case that dates back to October 2020, when Sebi’s surveillance systems first flagged the unusual concentration of their holdings. Sebi’s investigation had flagged 13…
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Prime Minister Narendra Modi aims to lure global expertise to India’s expanding space landscape. He identifies the private sector’s potential as a crucial asset for global competition. Key advantages include India’s affordability and its appetite for innovation. To foster investment…
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HDFC Bank has successfully raised USD 1.75 billion through overseas bonds. This significant fundraising effort supports the bank’s ongoing business growth initiatives. The issuance attracted substantial investor interest from across Asia, the US, and Europe. These bonds will be listed…
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India’s foreign exchange reserves jumped $9.905 billion to $716.90 billion in the week ended August 14, RBI data showed. Reserves had risen $14.1 billion to $707 billion a week earlier, marking the highest level in the current fiscal year. The…
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The BSE stock has witnessed a pronounced decrease in market value recently, attributed to the introduction of new auction regulations and diminished option trading activity. Additionally, the stricter bank guarantee requirements for brokers have raised alarm among investors. As a…
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Nasser Al Sharji will lead Oman Air as its new Chief Executive Officer starting September 2026. He brings over twenty-five years of executive experience from various sectors. Al Sharji will succeed Con Korfiatis, who is moving to an advisory role.…
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