Eight to ten months ago, discussions about a potential investment by Flipkart in Swiggy, two of India’s biggest internet companies in the consumer sector, were underway. This potential alliance was driven by the changing landscape of the market, particularly the…
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In its June 8 consultation paper, Sebi had sought feedback from market participants for its plan to revise the eligibility criteria for stocks to be a part of the futures and options (F&O) segment. The regulator wants stocks that are…
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Recently, the Reserve Bank of India conducted special audits with banks to verify their holdings of eligible securities for maintaining the liquidity coverage ratio (LCR). This action coincides with the central bank’s apprehension regarding potential sudden withdrawals via digital banking…
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With the Modi-led National Democratic Alliance securing a third term, Gautam Adani, at Adani Enterprises’ AGM, highlighted the group’s continued role in India’s growth. Adani addressed challenges from the Hindenburg controversy, emphasizing financial resilience and ambitious projects, including Mumbai’s Dharavi…
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Devendra Kumar’s appointment as CFO underscores ONGC’s commitment to enhancing financial governance and strategic growth amidst evolving market dynamics. His leadership will be crucial in navigating future challenges and driving sustainable value creation for stakeholders.
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Bank of Baroda announced Chayani Manoj Sundar as its new Chief Financial Officer (CFO), effective June 21, 2024. Sundar’s appointment underscores the bank’s strategic focus on bolstering its leadership amidst dynamic market conditions.
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