Swiss private banking group EFG International has appointed Ranjit Khanna as CEO of its Dubai Advisory Office, tasking the veteran private banker with driving growth in the UAE and strengthening the firm’s position in the DIFC.
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In a filing to the BSE, the company said ESL Steel Ltd (ESL) received notice under Section 74(1) of the Central Goods and Services Tax Act, 2017, from the Office of the Joint Commissioner, Central Goods and Services Tax and…
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The insolvency tribunal NCLT approved a Rs 6.5 crore payout for Subhash Chandra’s dues. This settlement covers admitted creditor claims totaling approximately Rs 22,006 crore. Congress criticized the decision, calling it a “mundan” and mockery of the IBC. Lenders argued…
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The Reserve Bank of India has permitted banks to swap dollars more than once weekly. This change aids banks in managing large inflows before a deposit scheme deadline. The special deposit scheme has attracted over sixty-five billion dollars so far.…
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Sebi proposed exempting small-value debt issues from merchant banker appointments. This aims to reduce compliance costs and boost market development for listed entities. Issuers must meet specific conditions, including being regulated and listed for one year. They also need an…
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Paramotor Digital Technology Ltd has secured Sebi approval for its initial public offering. The fintech firm confidentially filed draft papers with the markets regulator earlier. Sebi’s final observation was obtained on August 25, marking a key step. The company operates…
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