AS expected, the Securities and Exchange Board of India (SEBI) has tightened the regulations governing Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs). In its Board meeting on Wednesday, the capital market regulator approved tighter norms, including a higher profitability threshold, a lower cap on OFS proceeds, among others, for MSMEs looking to list shares in the SME platforms of exchanges.
SMEs will now be required to have an operating profit of at least ₹1 crore for two of the last three financial years before filing their DRHP. This stricter criterion is intended to ensure that only financially sound companies can access public markets.
هذه القصة مأخوذة من طبعة December 19, 2024 من The New Indian Express Kannur.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 19, 2024 من The New Indian Express Kannur.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
User-set limits, age-gating for gamers
WITH an aim to safeguard the interests of over 50 crore Indian gamers, three gaming industry bodies- the All India Gaming Federation (AIGF), the Federation of Indian Fantasy Sports (FIFS), and the E-Gaming Federation (EGF), have jointly adopted a code of ethics (CoE).
Special Forces in Kyrgyzstan for military exercises
THE special forces of India and Kyrgyzstan began a fortnight-long Joint Military Exercise, Khanjar-XII, on Monday at Tokmok, Kyrgyzstan.
Age Increases Risk of Prostate Ailments
Prostate health can be influenced by several factors, some of which are beyond our control, such as age and genetics.
Israel to send delegation to Qatar for truce talks
ISRAEL said that it would send a delegation to Qatar on Monday \"in an effort to advance the negotiations\" around the ceasefire in Gaza, while Hamas reported \"positive signals\" in talks with Egyptian and Qatari mediators on starting negotiations on the truce's delayed second phase.
Kasaragod's Thalangara cap fading into oblivion
THE Thalangara cap, a heritage symbol that once boosted the district's artistic reputation, is facing extinction.
Wanted by FBI, Punjab Police Arrest Indian-Origin Drug Network Kingpin
PUNJAB Police on Monday arrested an Indian-origin international drug lord, Shehnaz Singh alias Shawn Bhinder, wanted by the Federal Bureau of Investigations (FBI) of the US.
ED Raids on Baghel's Son in Liquor Case Spark Cong Protests in House
The Enforcement Directorate (ED) on Monday raided the Bhilai residence of former Congress CM Bhupesh Baghel as part of a money laundering investigation against his son in the alleged liquor scam case.
Diabetic patients must undergo eye screening regularly
SHA (name changed), 62, was experiencing sudden and painless loss of vision in the right eye for one day when she turned up at the out-patient department.
Ola Electric Shares Lose Two-Thirds of Value From 52-Week Highs
OLA ELECTRIC MOBILITY is witnessing a decline in its share price, losing two-thirds of its value since its peak in August 2024.
Mushrooms of Bengal forest?
USHROOMS found in the forests of Bankura and Birbhum in West Bengal could become a game-changer in cancer treatment.
