SEBI Extends Time Limit for International Mutual Funds to Disclose NAV
The Securities and Exchange Board of India (SEBI) has issued a new time limit for disclosing mutual fund schemes investing overseas’s net asset value (NAV),...
Author : Chinmay Bohra
Arunachal Pradesh to Sign MoA with CPSUs to Set up 5 Hydropower Plants
During its 7th meeting of the year, the Arunachal Pradesh Cabinet approved a memorandum of agreement (MoA) with Central Public Sector Undertaking (CPSU) to develop...
Alibaba to Decide Control of New Business Unit After IPO
Alibaba, the Chinese tech giant, recently announced plans to restructure its business into six separate parts, a move that investors have welcomed as a means...
Sequoia-backed GoMechanic acquired by Lifelong Group 2 months after fraud
GoMechanic, a car servicing startup based in Gurugram, has been acquired by Servizzy, a consortium led by the Lifelong Group. The group is an Indian...
South Indian Bank Share Dips 13% After CEO and MD Opts Out of Reappointment
South Indian Bank’s shares have plummeted 13% to Rs 14.45 in Wednesday’s intraday trade following the news that the Managing Director & CEO has opted...
Merchants to Pay 1.1% Charge for Wallet Payments, UPI Payments Remain Free
Starting April 1, The National Payments Corporation of India (NPCI) will levy an interchange fee on Unified Payments Interface (UPI) transactions of more than Rs...
Sri Lanka Plans to Shift to Renewable Energy Sources, Signs Deal with India
Sri Lanka has announced its intention to sign a memorandum of understanding (MoU) with India to increase the island nation’s use of renewable energy, aiming...
South Korea Announced Measures to Boost Tourism Amidst Economic Slowdown
The South Korean government has announced a series of measures to boost tourism and domestic demand. President Yoon Suk Yeol presided over an emergency meeting...
Hindustan Zinc Shares Fall 9% on 4th Ex-Dividend Date in FY23
Hindustan Zinc plunged by over 9% to Rs 298.95 on Thursday’s fourth ex-dividend day in FY23. This follows an announcement of a fourth interim dividend...
AMC Entertainment Shares Zoom After Reports Suggesting Acquisition by Amazon
On Tuesday, AMC Entertainment’s shares jumped as much as 20% after it was reported that Amazon was considering acquiring the struggling movie theatre chain. According...