Major Indian industrial houses are collaborating with the government to join the global electronics supply chain. Inspired by Tata’s success with Apple, these companies aim to produce components and materials for electronics manufacturing. This initiative seeks to boost India’s electronics…
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The company recently completed its first solar financing transaction, worth ₹3.25 crore, enabling the installation of a rooftop solar unit at a manufacturing facility in Baroda, Gujarat, for a $3 billion company.
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The Reserve Bank of India’s intervention in the forward market by selling dollars has lowered rupee premiums. This tactic aims to defend the rupee without depleting reserves, but it also makes importing cheaper and discourages exporter hedging, potentially increasing dollar…
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Nomura forecasts the RBI will cut rates by 100 bps from December 2024. This surpasses the anticipated 50 bps cut. They’ve reduced India’s FY’25 GDP growth forecast to 6 percent. This is lower than the consensus estimate of 6.9 percent…
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Sebi has introduced new rules allowing nominees to manage securities for incapacitated investors. Participants must now offer beneficial owners the option to nominate someone to receive their securities upon death. These rules aim to improve investor convenience and standardize nomination…
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The Securities and Exchange Board of India (SEBI) has initiated an investigation into the role of Ekadrisht Capital Private Limited, the sole book-running lead manager (merchant banker) for the now-cancelled IPO of Trafiksol ITS Technologies Ltd.
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