India’s IPO activity has continued to stay resilient with 175 companies currently holding valid SEBI observations for their draft IPO papers and another 70 firms awaiting regulatory clearance, as per a report by Equirus.
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Kotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term loan. These foreign currency facilities aim to attract dollars into India. The funds will likely support…
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The government has approved the Reserve Bank of India’s proposal for polymer banknotes. One billion pieces each of ten and twenty rupee polymer notes will undergo field trials. These new notes are expected to be more durable and have a…
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A key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standing challenge for micro and small enterprises that often strains their liquidity and disrupts business operations.
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Two proxy advisory firms have issued contrasting recommendations for Zee Entertainment’s upcoming shareholder meeting. InGovern advises rejecting a preferential warrant issue, citing governance concerns and dilution. Stakeholders Empowerment Services recommends approving all resolutions, stating regulatory compliance.
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The government has approved the Reserve Bank of India’s proposal for polymer banknotes. One billion pieces each of ten and twenty rupee polymer notes will undergo field trials. These new notes are expected to be more durable and have a…
Read More