Sebi proposes direct listing of Indian companies on foreign bourses
A high-level panel on Tuesday recommended market regulator Sebi to allow direct listing of Indian companies on overseas bourses and of foreign firms on Indian exchanges. Currently, Indian companies can list their shares through depository receipts abroad, while foreign companies need to go through the Indian Depository Receipt route for listing...
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Sensex logs 1st fall in seven days; pharma, financials play spoilsport
05 December 2018 | PTI -
India GDP to recover in Q4 of FY19; Q3 to remain slow: Niti
04 December 2018 | PTI -
Sensex drops over 100 pts on weak global cues, rising crude prices
04 December 2018 | PTI -
India’s manufacturing at 11-month high in Nov
04 December 2018 | PTI -
Market rises for 6th straight day; FMCG shows way
04 December 2018 | PTI -
Unilever to acquire GSK health food for Rs 27,750 crore
04 December 2018 | PTI -
‘Zeb-Peace’ wireless earphones with voice assistance launched
04 December 2018 | PNS
Half of direct tax collections netted; high growth clocked post DeMo: CBDT report
The Income Tax Department has mopped up over half the kitty of the targeted direct tax revenue for this fiscal — at more than Rs 6.63 lakh crore — riding at a record “high growth rate of last seven years” that was also propelled by demonetisation, a latest report of...
Over 18L registered firms only 62% active at end of October: Official data
The country has more than 18 lakh registered companies but only 62 per cent of them were actively functioning at the end of October, according to official data. The majority of active companies were engaged in business services. With more than 6.46 lakh companies shuttered and many others undergoing various regulatory processes,...
Outlook on Indian banks stable: Moody’s
Moody’s Investors Service on Monday said it has a stable outlook on the Indian banking system for the next 12-18 months as economic growth prospects remain healthy amid weak, but stabilising, asset quality. The stable outlook is based on six parameters — operating environment, asset quality, capital, funding and liquidity, profitability...
Sebi issues cybersecurity framework for brokers, depositories
Regulator Sebi Monday put in place a stricter cybersecurity framework for stock brokers and depository participants amid concerns over possible data breaches. With the new norms, to be effective from April 2019, stock brokers and depository participants would be required to define the responsibilities of individuals, including outsourced staff, who have...
India can play crucial role in reforming WTO: Ficci
India can play a crucial role in reforming the WTO by drawing nations to the discussion table for finding a workable solution, as the country is set to host the G20 summit in 2022, industry body Ficci said Monday. Prime Minister Narendra Modi Saturday highlighted the need for carrying out reforms...
Rupee falls 50 paise to 70.08 against US dollar in early trade
The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed...
RBI likely to keep interest rate unchanged on Dec 5
The Reserve Bank is likely to maintain status-quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, opined experts. After back-to-back hikes since June, the RBI had kept interest rates unchanged in the previous policy review in October, surprising markets...
