The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special purpose acquisition companies (SPACs) to encourage domestic startups list at GIFT City, the country's only international financial services centre (IFSC). Under the current framework, to be eligible to list on IFSC exchanges, an issuing company should have operating revenue of at least $20 million in the preceding financial year and average pre-tax profits of at least $1 million during the preceding three financial years. An expert committee has noted these conditions have acted as hurdles to listing new-age companies, and they need a relook.
Modi cautioning that cryptocurrency can spoil the youth.
'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'
Half of the Japanese public think the 2020 Olympics will take place this summer, a survey by the Yomiuri daily newspaper showed on Monday, despite most people opposing holding the Games during the COVID-19 pandemic.
Former National Aeronautics and Space Administration (NASA) Official Mike Gold has said Chandrayaan-3's success is a triumph of Indian innovation, human capital and the capabilities that will take India even further.
The lackadaisical approach on part of the management of Oreva company resulting in "one of the most severe and tragic human calamities" cannot be countenanced, the SIT said.
'These days, you could give the money to your maid or the person who comes to collect your garbage or your watchman; they are struggling to make ends meet.' 'You could help a friend whose business is at risk due to the lockdown and the struggling economy.' 'Even if you lend money to someone in this crisis, it will be more useful to the economy than parking your money in some government fund,' says Praful Nikam.
Keep revising the sum insured at the time of renewal to keep it in line with inflation.
Several dozen protesters in masks gathered in front of Japan's National Stadium on Friday, the day the Olympic Games should have begun, to protest against holding them next year given the danger of the novel coronavirus. The Games were postponed in March as the coronavirus swept the world and the government is determined that they go ahead next year. But there's growing opposition in Japan to holding the Games, even next year, over doubts that a big sporting event can be held safely.
As Mahesh Bhatt turns 75 on September 20, Subhash K Jha calls him the 'eternal seeker of truth in cinema and in life'.
In an appeal filed before the top court against the May 4 order of the high court, the state government said the stay will adversely affect the entire exercise.
'When the right time is there, I will ask him. I know when he has to want to speak, he will. When he does, it'll be extraordinary because no one gives interviews better than Shah Rukh Khan.'
Pranab's earlier fear of Sonia relying too heavily on a coterie due to her lack of experience turned out to be unfounded. As per Pranab, Sonia had her close advisers but she did not follow anyone's advice blindly. A fascinating excerpt from Sharmistha Mukherjee's Pranab, My Father: A Daughter Remembers.
The row erupted on a day President Dr Mohamed Muizzu embarked on a week-long visit to China.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
Stocks of defence-related companies have been firing on all cylinders on the bourses in calendar year 2023 (CY23). Shares of Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns, MTAR Tech, Cochin Shipyard and GRSE have rallied in the range of 21-96 per cent so far this year. By comparison, the BSE Sensex is up 8 per cent. The gains have been sustained on the back of robust export opportunities, a healthy project pipeline and the government's continued push for local manufacturing and indigenisation of defence equipment.
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'
'Nearly 13,000 individuals have been charged for sedition since 2010.' 'If the Supreme Court stay ever gets vacated, arrests will follow immediately.'
Attorney General Soli Sorabjee is likely to give by Friday his opinion on legal aspects of divestment of oil PSUs HPCL and BPCL, which were nationalised through Acts of Parliament.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
Mann, 48, is a two-time MP from Sangrur and is the party's state unit chief.
Differences of opinion are a part of democracy and there are ways to find solutions to that, Law Minister Kiren Rijiju said on Thursday in Rajya Sabha on whether there exists differences between the judiciary and the executive on the issue of appointment of judges.
The two bandhs reflect the divide among the farmers and pro-Kannada organisations, and has also now led to a confusion about who is supporting the bandh on which day, and whether services will be available on Tuesday.
Antony, along with his wife Elizabeth, reached Chandy's residence in Thiruvananthapuram to bid adieu to his trusted lieutenant during trying times of their decades-long political career.
The Delhi high court on Thursday commuted to life term the death penalty awarded to Ariz Khan following his conviction in the sensational 2008 Batla House encounter in which decorated Delhi Police Inspector Mohan Chand Sharma lost his life.
Supreme Court judge Sanjay Karol on Wednesday recused himself from hearing a plea filed by the Bihar government challenging a Patna high court order granting a stay on the caste survey it was conducting.
'I don't care what opinion people have of me. I am God's favourite child.'
Delhi Chief Minister Arvind Kejriwal on Sunday said the Central Bureau of Investigation (CBI) asked him around 56 questions on the excise policy case and that he answered them all.
Benefitting from the economic rebound, banks are expected to report a healthy bottom-line and asset quality profile in the quarter ended March 2023 (Q4FY23). The net profit of listed commercial banks is projected to grow by an average 43.6 per cent year-on-year (YoY) in Q4FY23 amid better net interest margins (NIMs) and declining credit costs. This is based on a combined assessment of analyst estimates for 17 banks on Bloomberg database.
As many as 14 opposition MPs were suspended from Parliament for the remainder of the winter session for disrupting proceedings, as the Lok Sabha security breach incident snowballed into a major row on Thursday with the government asking the opposition not to "politicise" the "grave national issue" and the Congress, Trinamool Congress and others demanding a statement from Home Minister Amit Shah.
'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'
More than one person in two thinks corruption has worsened in the last two years, according to The Global Corruption Barometer 2013 survey
While the Raj Bhavan had on Thursday night said it placed the unprecedented 'dismissal' order on hold, the DMK regime asserted it would pick an appropriate action plan to counter and fight the move against the minister by Ravi, even though he backtracked from it.
'We look at the opportunities that are going to come in various fields in the next 5 to 10 years, do some research and come up with business plans.' 'Then, we go and seek out founders who will run the actual business.'
Instagram, owned by the tech giant Meta, on Wednesday, unveiled its new app called 'Threads' a new app designed to directly compete with Elon Musk's Twitter. According to The Hollywood Reporter, a US-based media house, Meta Platforms Inc. CEO Mark Zuckerberg announced the launch, framing Threads as "a new, separate space for real-time updates and public conversations." Threads will be linked to users' Instagram profiles, making it simple to connect with followers, prominent personalities, or brands.
Analysts seem to be generally pessimistic about Bharat Heavy Electricals (BHEL). Out of 15 brokerages with recommendations since May this year, two have 'buy' while five have 'sell' and eight have 'underweight'/'reduce'/'underperform'/'hold' recommendations. The average target price of the public sector undertaking (PSU) is Rs 61. However, the stock has been consistently hitting new highs, which indicates that there is some kind of valuation mismatch.
With opinion polls on televisions showing him a bad loser in the coming Lok Sabha elections in Bihar, Chief Minister Nitish Kumar on Friday discarded such surveys as a "PR campaign to boost TRP" by "rumour master" and said poll results would send them into "deep shock".
It said that it was "disheartening" to see that some news channels "are in the habit of publishing sleaze more than news."
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