PepsiCo is undertaking a significant review of its North America supply chain and plans aggressive cost reductions to fuel growth, following discussions with activist investor Elliott Investment Management. The beverage giant will streamline product lines, close manufacturing facilities, and enhance…
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US President Donald Trump said he may impose new tariffs on Indian rice and Canadian fertiliser to support American farmers. He criticised alleged dumping and suggested “very severe tariffs” if needed, as trade talks with both countries remain unresolved.
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ICICI Prudential Asset Management Company has applied to market regulator SEBI for approval to enter the private equity business through ICICI Ventures, Managing Director Nimesh Shah said at the company’s IPO press conference. The proposed foray, subject to regulatory nod,…
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Sebi has taken a significant step in refining the merchant banking sector by introducing new regulations aimed at ensuring robust financial practices. These rules focus on capital adequacy, liquid net worth, and establishing minimum revenue benchmarks. In a noteworthy twist,…
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Sebi introduced a new framework allowing AIFs to launch AI-only schemes for accredited investors, simplify compliance for LVFs, enable scheme migration with consent and provide key relaxations while strengthening reporting and oversight requirements.
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The listed fintech is steadily expanding its scope of operations to build a full-stack investment portal, which straddles broking to asset management to wealth management services.
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