Indegene, with a robust cash reserve of over Rs 1,500 crore, is eyeing strategic acquisitions to enhance its technological capabilities and global presence. In an exclusive interview with ET CFO, CFO Suhas Prabhu reveals why the company isn’t driven by…
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Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market operations (OMO) purchases, both planned and unplanned, along with foreign exchange swaps, as the RBI’s forward book is heavy with large near-term maturity, economists…
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The regulatory stance under the new RBI governor appears more inclusive and consultative, with a focus on balancing financial stability with growth.
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Sebi has barred Gujarat-based SME Kalahridhaan Trendz and its promoters from the securities market for concealing loan defaults, misleading investors, and diverting IPO funds. The company also fabricated financials and falsely claimed major orders from a fictitious Bangladeshi entity.
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The due diligence process for the privatisation of IDBI Bank is currently in progress, with government and LIC selling nearly 61 percent stake. Essential clearances from the Ministry of Home Affairs and Reserve Bank of India have been obtained, and…
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The government is developing a framework to measure the knowledge economy, highlighting the need for accurate representation of knowledge-driven sectors. A brainstorming session on the Gross Domestic Knowledge Product (GDKP) involved key stakeholders. Efforts to revise economic indicators and explore…
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