The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had submitted its pre-filed DRHP through Sebi’s confidential filing route in late…
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Domestic equity benchmarks traded lower in early deals on Friday as elevated crude prices and continued foreign investor selling kept sentiment subdued.
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Succession planning should not begin when a leader is about to leave. Boards should have a process to identify potential successors well in advance, assess their readiness and ensure that the organisation is prepared for both a planned transition and…
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Iran’s central bank governor announced the nation will soon join the New Development Bank. This move offers Tehran alternative financial channels outside the dollar system. Iran joined BRICS in 2024 and seeks deeper economic ties with emerging economies. The New…
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Union Finance Minister Nirmala Sitharaman addressed a seminar on the New Development Bank’s role. She highlighted how multilateral banks can reduce investment risks and boost investor confidence. India has expanded public capital expenditure and undertaken structural reforms to strengthen infrastructure.…
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Indian banking system deposits have reached a record high after recent inflows. These deposits saw a significant jump over the last three fortnights to July 31. The Reserve Bank of India’s foreign-currency non-resident scheme supported this growth. Inflows worth nearly…
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