Sebi board may widen UPSI scope, tighten SME rules
Financial Express Bengaluru|December 13, 2024
THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).
AKSHATA GORDE

Some of the other items on the agenda include a review of public interest director regulations, framework for angel funds in AIFs and performance validation agencies and a few ease of doing business proposals, according to sources in the know.

The need to tighten rules for the initial public offering (IPO) of micro companies arises from the increased exuberance seen among investors and manipulations on the part of companies to sail through their IPOs.

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At 18, Gukesh is world's youngest chess champion
Financial Express Bengaluru

At 18, Gukesh is world's youngest chess champion

● Second Indian after Anand to win global title

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2 mins  |
December 13, 2024
Financial Express Bengaluru

Food, beverages at airports excessively priced: Flyers

A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.

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1 min  |
December 13, 2024
Financial Express Bengaluru

AI stocks fuel much of bull run since 2022

BIG TECH HAS STAKED SOME OF ITS FUTURE ON AI

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3 mins  |
December 13, 2024
PSUs spur impact across sectors through CSR activities
Financial Express Bengaluru

PSUs spur impact across sectors through CSR activities

Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed

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3 mins  |
December 13, 2024
Financial Express Bengaluru

Aspirational India, states & 16th Finance panel

AS INDIA HAS become more aspirational, state governments, cognizant of their prime role in accomplishing the national aspirations, have demanded that the 16th Finance Commission increase their share in the divisible pool of taxes to at least 50% to reduce the congenital inequality between the Union and the states.

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3 mins  |
December 13, 2024
Financial Express Bengaluru

India votes in favour of UN resolution seeking Gaza truce

INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.

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1 min  |
December 13, 2024
Financial Express Bengaluru

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.

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1 min  |
December 13, 2024
Financial Express Bengaluru

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the U.S. ally into turmoil.

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1 min  |
December 13, 2024
Trump named Time's Person of the Year, rings NYSE bell
Financial Express Bengaluru

Trump named Time's Person of the Year, rings NYSE bell

TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year,\" citing his deep impact on American politics and the country's role in the world.

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2 mins  |
December 13, 2024
Financial Express Bengaluru

China vows bigger fiscal spending for economy

BEIJING EYES BIGGEST RATE CUTS IN 10 YRS

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2 mins  |
December 13, 2024