Axis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within private sector lenders. Anil Agarwal and Vikas Shinde, long-serving executives, have left the bank. Jimmy Tavadia, group head of trading,…
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In a 56-page representation dated July 3, Zostel alleged that the draft red herring prospectus (DRHP) does not adequately capture the nature or potential commercial impact of the decade-old dispute between the two companies. It urged the market regulator to…
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The Indian equity markets kicked off on a positive note on Thursday with both benchmark indices starting the session with a gap-up opening. Sensex opened higher at 76,576.14 as against the previous close of 76,503.60 while Nifty opened at 23,928.95…
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India’s economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is predicted to ease to 3.0 percent in 2026, domestic demand is set to drive…
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Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application…
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The ministry has launched a nationwide consultation exercise to strengthen the MSME ecosystem and their manufacturing base; it has received more than 2,000 suggestions so far, says Mercy Epao, Joint Secretary, MSME ministry.
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