Prime Minister Modi stated this while chairing the Semiconductor Executives’ Roundtable at his residence – 7, Lok Kalyan Marg. During the meeting, he said that their ideas will not only shape their business but also India’s future, a statement issued by the Prime Minister’s Office said.
RBI imposes monetary penalty on HDFC Bank, Axis Bank
In the case of HDFC Bank, the RBI imposed a penalty of Rs one crore after the RBI found that the bank gave gifts in the form of paying first-year premium for the complimentary life insurance cover costing more than Rs 250 to the depositors at the time of accepting certain deposits.
FPIs invest Rs 11,000 cr in equities in first week of September
Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they had pulled out funds to the tune of Rs 34,252 crore in April-May.
How deep is India’s unemployment problem?
The Economic Survey 2023-24 suggested that India had to create 78.5 lakh jobs in the non-farm sector by 2030 to cater to the rising workforce
PAC to look into allegations against Madhabi Puri Buch, may summon her soon, report
The Public Accounts Committee (PAC) of Parliament is likely to look into the allegations against Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch, according to a report in the…
Will Sebi’s Madhabi Puri Buch step down and face an independent probe?
The Congress party has raised fresh set of allegations against the Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch saying the Sebi chief rented out her properties to Carol Info Services, a firm part of Wockhardt and against which is facing probe by the market regulator.
Markets decline in early trade on weak global peers, foreign fund outflows
Falling for the third day running, the 30-share BSE Sensex declined 233.98 points to 81,967.18 in early trade. The NSE Nifty dropped 60 points to 25,085.10.
Sebi employee protest show the deep rot within
Toxic work culture is not accepted not only at a regulatory organisation but in any organization.
It is even more important when such charges arise at a regulatory institution. Sebi is the guardian of Indian investors in the securities market. It cannot operate in the shadow of accusations and mistrust. It is extremely important for Sebi to clean up its house and restore confidence among its own employees and investors.
Sebi Denies Claims of Unprofessional Work Culture
The statement came in the backdrop of media reports suggesting that employees of the Securities and Exchange Board of India (Sebi) had written a letter to the government on August 6, raising concerns over toxic work culture.
Caspian Debt to Merge with BlackSoil Capital
After the merger is complete and regulatory approvals are received, Caspian Debt will be fully integrated into BlackSoil, a press release said. This strategic amalgamation will position BlackSoil, the combined entity, as one of the largest players in the alternative credit segment it operates in