Busy Thursday: 6 listings & a mega IPO

Day will also witness the listing of six companies after their IPO bids closed last week MUMBAI: Thursday is going to be a busy day for Dalal Street. While the much-awaited NSE IPO will open for subscription, the day will also witness the listing of six companies after their IPO bids closed last week.These companies,…

Read More

RBI’s FAQs keep Tata Sons boxed

RBI’s FAQ clarifies why Tata Sons remains an NBFC despite being debt-free and having no direct public borrowings. MUMBAI: Even as Reserve Bank of India rejected Tata Sons’ application to surrender its registration as an NBFC in a terse letter on Friday, it updated its FAQ on NBFCs on Monday, setting out the regulatory provisions…

Read More

Trade row escalates: Trump signs memorandum to block Canadian goods from US federal procurement

The move directs US officials to identify Canadian-origin products for removal from the federal civil procurement system and monitor Canada’s treatment of American goods. US President Donald Trump signed a Presidential Memorandum to take steps to remove Canadian-origin goods from the US federal civil procurement system, escalating trade tensions with Canada.Trump directed the Office of…

Read More