The Supreme Court declined to halt a Securities Appellate Tribunal order concerning Bombay Dyeing. SEBI’s plea challenging the tribunal’s decision was issued notice by the court. The tribunal had previously overturned SEBI’s regulatory directions against the company and its promoters.…
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Ministry’s observations centre on who should issue the framework; ICAI pauses rollout and president is likely to discuss the matter with MCA officials.
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In a strategic move, Godrej Finance has launched its foray into the supply chain finance sector, focusing on the growth of its MSME lending. The firm aspires to cultivate a portfolio worth ₹6,000 crore over the forthcoming five years, anticipating…
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Four of India’s top ten companies added significant market value last week. HDFC Bank and Bharti Airtel led these gains, increasing their valuations substantially. Reliance Industries also saw its market capitalization rise, retaining its top position. However, Hindustan Unilever and…
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The Securities and Exchange Board of India (SEBI) has tightened its employee conduct framework by notifying sweeping changes to its service regulations, introducing stricter conflict-of-interest safeguards, tighter investment restrictions and enhanced disclosure requirements.
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India’s trade deficit grew to $30.43 billion in June, exceeding economist expectations. Merchandise exports declined significantly, while imports also saw a reduction. Shipping disruptions in the Strait of Hormuz impacted trade flows during this period. India continues trade talks with…
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