Sebi rejects NSE proposal to extend trading hours as brokers protest
India’s largest stock exchange announced that the proposal to extend trading hours for index derivatives has been put on hold by the country’s markets regulator.
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Tata Electronics begins export of semiconductor chip samples from Bengaluru centre
Tata Electronics, a company based in Bengaluru, India, has begun exporting small amounts of semiconductor chips. This is a significant step that could improve India’s ability to produce these important components. The chips are being packaged at a pilot production…
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India’s services sector shows strongest growth rates in around 14 years: PMI data
In April, India’s services sector saw a slight moderation, but maintained strength due to robust domestic and international demand, boosting business confidence to a three-month high. Despite a dip in the HSBC Services PMI to 60.8 from March’s 61.2, it…
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CSR spends by NSE-listed cos hit Rs 15,524 crore in FY23
Ten companies, including these three, accounted for 33% of the total spends on CSR in FY23, according to data shared exclusively with ET by primeinfobase.com, an initiative of Prime Database Group.
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Kotak MD, CEO Ashok Vaswani guides for a hit of up to ₹400 cr from RBI curbs
Kotak Mahindra Bank’s CEO discusses potential impact of RBI restrictions on profitability. The bank prioritizes prudence in credit growth and aims to mitigate the impact while focusing on smart business growth strategies.
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Mahindra Susten draws up plan to step up its green energy play, plans to invest ₹21,000 cr in next 5 years
Mahindra Susten plans to invest ₹21,000 crore in a 5.5 GW renewable energy portfolio over 5 years with Ontario Teachers’ Pension Plan. The company aims to avoid a heavy debt burden through asset flipping and expand into the hybrid renewable…
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