Tag: syndication
India, EU Sign Pact For Ties On Semiconductors
NEW DELHI: India and European Union on Friday signed a Memorandum of Understanding on cooperation on semiconductors ecosystem which will facilitate investments, joint ventures and technology partnership including manufacturing facilities. The move is in s...
SEBI Proposes Easing Trading Plans For Company Insiders
MUMBAI: The Securities and Exchange Board of India (Sebi) has proposed a significant revamp of the “trading plan” framework, which would allow insiders to trade their company shares with greater flexibility. The proposed changes include the elimination of...
PSU Insurers’ Stocks Surge On Attractive Valuation, RBI’s Risk Weight Norms
MUMBAI: A combination of factors led to a surge in the share price of state-run insurance companies on Friday, with general insurer New India Assurance’s (NIA) stock hitting the upper circuit. Life Insurance Corporation of India (LIC) surged 10 per cent....
Surplus CPSE Dividend Unlikely To Offset Disinvestment Revenue Shortfall In FY24
NEW DELHI: Unlike in the last fiscal, surplus dividend by Central Public Sector Enterprises (CPSEs) may not entirely make up for an expected steep shortfall in the government’s disinvestment proceeds in FY24 from the budgeted Rs 51,000 crore, now that the...
How Financial Markets Respond to Black Friday – FBS Outlook
KUALA LUMPUR, MALAYSIA – Media OutReach – 24 November 2023 – As Black Friday approaches, global broker FBS delves into the relationship between the year’s biggest sales season and its impact on the financial markets. The FBS analysts particularly discover...
Mahua’s account accessed from more places, including US
Trouble seems to be mounting for Mahua Moitra in the cash-for-query row, with the latest report claiming that the Trinamool Congress MP’s Parliament login ID was not just accessed from Dubai, but two other places including ones in the United States. Apart...
Lee Kum Kee Earns a Win at Manufacturing Asia Awards 2023
Scheme to Transform Waste into Biogas Power Recognised as “China Sustainable Manufacturing Initiative of the Year” in Food Industry SINGAPORE – Media OutReach – 24 November 2023 – Lee Kum Kee emerged at the top of the “China Sustainable Manufacturing Init...
Rehide Launches Revolutionary Web3 Password Manager: A New Era of Unparalleled Data Security and User Empowerment
Introducing the First-of-its-Kind Solution: Integrating Web3 Wallets for Enhanced Security and Full User Control Over Personal Data Melbourne, Australia – November 25, 2023 — Rehide, a trailblazing web3 password manager, is proud to announce its official...
Govt Plans More Steps To Curb Retail Food Inflation
NEW DELHI: The government is set to take a slew of measures to contain the stubborn retail food inflation, including through intervention in pulses markets, a senior official said on Thursday. “While the retail intervention in selling pulses is challengin...
Urban Consumption Likely To Propel India’s GDP Growth In July-September
NEW DELHI: The Indian economy is likely to post better than anticipated growth in the second quarter (July-September) owing to robust urban consumption and expansion in services, a Business Standard analysis of high-frequency indicators showed. While gros...
Many Global Investors Go Slow On India Private Credit
MUMBAI: Private credit may be the buzzword in the investing world, but many bulge bracket investors have remained tight-fisted as far as the Indian markets are concerned. While those like Carlyle, SoftBank and CDPQ, who were exploring an entry into the In...
New Finance Panel May Tweak Formula
NEW DELHI: The government is likely to ask the next Finance Commission to consider a higher weight for the human development index (HDI) and sustainable development goals (SDGs) while recommending the distribution of resources among states. It may also as...
Karnataka govt revokes CBI mandate for DK assets case
The Karnataka cabinet on Thursday held that the previous BJP government’s decision to accord sanction to the CBI to prosecute Deputy Chief Minister D K Shivakumar in a disproportionate assets case against him was not in accordance with law. The Congress g...
Sachin fight revives memories of father’s tussle with Sonia
Rebellions have a way of coming back to haunt. Prime Minister Narendra Modi’s words at a rally in Rajasthan, where he accused the Congress top leadership of taking revenge against Sachin Pilot because of his father standing up to Sonia Gandhi, stung the p...
Quasar Markets Wins 2023 Benzinga Fintech Award
Quasar Markets’ innovative fusion of AI, Web3, and finance makes waves at the 2023 Benzinga Fintech Awards. New York, United States – November 24, 2023 — Quasar Markets stands out in fintech for its groundbreaking Web3 platform, integrated with cutting-ed...