Hero FinCorp, the financial services arm of Hero MotoCorp, has received SEBI’s approval for its Rs 3,668 crore IPO. The IPO comprises a fresh issue of shares worth Rs 2,100 crore and an offer for sale of Rs 1,568 crore…
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US and Indian officials are engaged in trade talks, aiming for an interim agreement by June 25, potentially suspending the 26% reciprocal tariff imposed by the US. Both nations are working towards a broader bilateral trade agreement by the fall,…
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US-INDIA-DEBT-CORPORATE-Indian companies rush to sell short-term debt as RBI monetary boost lowers rates
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As Apple ramps up its India manufacturing plans, iPhone exports from the country to the US surged 76 per cent (year-on-year) in April, according to a new report.
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In March last year, former HUL chief executive Sanjiv Mehta teamed up with L Catterton to launch an India-focused investment vehicle, according to an official statement made at the time. Mehta, who headed HUL, India’s largest FMCG company, for ten…
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Under the IBC, introduced in 2015, authorities try to streamline the process of resolving financial distress and insolvency of companies and individuals. The IBC offers a framework for prompt and effective resolution with the dual goals of protecting creditors and…
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