Reliance Jio and Bharti Airtel are poised for substantial revenue and operating income growth in the coming years, fueled by increasing mobile broadband adoption and potential tariff hikes. Jio anticipates a 17%/21% revenue/operating income growth, driven by tariff increases and…
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India’s restriction on garment imports from Bangladesh via land routes is poised to create a substantial opportunity for the domestic textile sector, potentially worth Rs 1,000-2,000 crore. While boosting local manufacturing and curbing indirect entry of Chinese fabric, this move…
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Bandhan Bank has appointed Navin Sharma as its new Chief Audit Executive and Head of Internal Audit, effective May 19. Sharma, a seasoned Chartered Accountant with 24 years of experience, joins from ICICI Bank, where he led the Business Internal…
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Sebi also said MIIs should conduct internal audit of functions and activities at least once in a financial year. Besides, internal auditor should be an independent audit firm and report only to the audit committee.
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After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore — owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively…
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Markets regulator Sebi has issued a notice to Mehul Choksi, the absconding diamantaire. Choksi must pay Rs 2.1 crore for violating insider trading rules related to Gitanjali Gems shares. Failure to pay within 15 days may result in asset and…
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