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SEC APPROVES EXCHANGE APPLICATIONS
Government may lift price cap on cancer drugs making them costlier by up to 50%India's government is taking emergency steps to ensure cancer patients get vital drugs. Cisplatin and carboplatin, crucial chemotherapy age...- President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
- Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
- Government clears 96 firms under latest textile's PLI round with Rs 12,823 crore outlayThe government has approved 22 additional companies under the textile PLI scheme. This brings the total selected firms to 96. These compani...
- South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
- FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
- US to offer B1/B2 visa interview appointments within 10 days for additional $750 feeThe US State Department will launch a pilot programme from July 1 allowing certain consulates to offer B1/B2 visa applicants interview appo...
- Air India, Thai Airways to enter into codeshare agreement this year, expand travel options for travellersAir India and Thai Airways are set to launch a codeshare agreement. This partnership will offer more travel choices for passengers flying b...
- FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
- Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
- Govt committed to further drive 'Reform Express', ensure economic momentum: FM SitharamanIndia's economic outlook continues to evolve, with Finance Minister Nirmala Sitharaman highlighting the government's unwavering resolve to ...
- US Supreme Court upholds SEC in fight over 'disgorgement' powerThe justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President ...
- Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
- When IPOs go wrong: SpaceX, AI firms face a delicate processAs SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, fr...
- Oyo parent gets Sebi nod for Rs 6,650-cr public offerOyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The compa...
- US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
- Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...
- SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
- Wall St regulator proposes to scrap Biden-era climate ruleThe U.S. Securities and Exchange Commission is proposing to remove rules requiring companies to disclose climate-related risks and spending...
- Nasdaq gets SEC nod to list Bitcoin index options. Here’s why it mattersThe SEC has greenlit Nasdaq's Bitcoin index options, a significant move integrating Wall Street with digital assets. These cash-settled, Eu...
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