MUMBAI: Sebi on Friday unveiled reforms easing minimum dilution norms for IPO-bound companies, and creating a single-window system for low-risk foreign investors like sovereign wealth funds, central banks, and retail funds, eliminating repeated paperwork.The relaxation comes amid rising foreign outflows, driven by steep US tariffs, weak earnings and rich valuations. Overseas investors have withdrawn $11.7…
Mumbai: For years, a rare form of male infertility, in which men are born without the tubes that carry sperm, was blamed on a single gene tied to cystic fibrosis. Now, researchers in Mumbai have identified a broader set of genes in Indian men, including one passed from mothers to sons, that help explain this…
New Delhi: Delhi High Court has highlighted that the law fails to evaluate a homemaker’s contribution to her family, and called for recognition of the role. When it comes to her efforts in helping build assets, a homemaker’s effort remains “hidden and downplayed”, it said.The bench of Justices Anil Kshetarpal and Harish Vaidyanathan Shankar made…
Pune: Defence secretary Rajesh Kumar Singh on Friday said that the ongoing trade tension with the United States have no impact on bilateral defence cooperation, which continues to move on schedule.“There is no spillover effect from what is described as trade tension with the US. In fact, that tension is easing now. We have resumed…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The stablecoin market is once again in the spotlight after Tether minted another $1 billion USDT just a few hours ago. This fresh injection of liquidity comes at a time when the crypto market is entering a volatile phase, with uncertainty surrounding…
Nihal Sarin, D Gukesh give Indian chess Janus paradox (FIDE Photo) NEW DELHI: Going into the rest day on Wednesday, Indian Grandmaster (GM) Nihal Sarin had outclassed Polish GM Szymon Gumularz in just 22 moves. Asked about his role in India’s chess boom following the game, the 21-year-old took a brief pause before replying with…
Pigeons are a common sight in urban spaces, often adding life and movement to our surroundings. While they may seem harmless, their tendency to roost on balconies, window grills, and air-conditioning units can create challenges. Nesting debris, droppings, and feathers not only affect the cleanliness of your home but can also damage surfaces and pose…
The Securities and Exchange Board of India (Sebi) on Friday approved a series of reforms aimed at strengthening India’s capital markets, including relaxed IPO norms for very large companies, streamlined access for foreign investors, and a revised framework for anchor investors in public issues. The decisions came during the third board meeting chaired by Sebi…
Mumbai: Close on the heels of the Delhi High Court being evacuated following a bomb threat email, a similar threat email regarding the Bombay high court was received, said police officers. Mumbai police officials later confirmed no explosives were found and the threat turned out to be a hoax. Police have launched an investigation to…
New Delhi: The South Asian University (SAU) has terminated the services of a faculty member in the department of economics. Snehashish Bhattacharya was suspended for more than two years in connection with the 2022 student protests over stipend cuts.The termination order of Sept 11, cites the recommendations of a disciplinary committee and makes it effective…
