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…
Read More
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…
Read More
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.…
Read More
Sebi alleges market manipulation in the new closing auction session mechanism. Aggressive orders in Sensex constituents influenced the index’s closing level. Copthall Mauritius Investment and Mansi Share and Stock Broking face allegations of wrongful gains. The regulator has impounded Rs…
Read More
The IBBI’s draft circular aims to strengthen the insolvency process. Insolvency professionals must now actively identify and report fraudulent proceedings. This initiative addresses the misuse of the CIRP framework for various illicit objectives. The proposed changes shift professionals from process…
Read More
Taori is a chartered accountant with nearly 30 years of experience across finance, treasury, international trade, marketing and compensation management. He succeeds Venkata Subrahamanayam Vallurie as the chief financial officer
Read More