The proposal was discussed first with Sebi's primary market advisory commitee . The proposal is part of Ease of Doing Business and encouraging large copmapnies to list on domestic exchanges.
This change is made in the exercise of the powers granted by the Salary, Allowances, and Pension of Members of Parliament Act, 1954, and is based on the Cost Inflation Index as outlined in the Income-tax Act, 1961.
IDFC First Bank, Dr Reddy’s Laboratories, Punjab National Bank, ICICI Prudential Life Insurance Company, Bharat Electronics, Tata Chemicals, Adani Enterprises, and Adani Energy Solutions will also be in focus on September 30.
According to experts, the Nifty 50 needs to break its consolidation by decisively climbing above 24,400, which could open the doors for 24,700, while 24,100-24,000 is expected to be a key support zone. Here are some trading ideas for the near term.
"It is unlikely that all banks will meet the MPS requirements in the current year as the gap in MPS among public sector banks (PSBs) is substantial, with figures as high as 97-98 percent for some."
The revised timeline for LIC to achieve 10 percent public shareholding is on or before May 16, 2027
Congress issues whip for MPs in Lok Sabha, mandating their presence on Saturday to ensure attendance for upcoming proceedings.
Among the suspended parliamentarians, nine are from the Congress, two are from the CPM, one is from the CPI, one is from the DMK, and one is from the Trinamool Congress
The bill's eventual impact and implementation remain subjects of ongoing discussion as India takes a historic step towards ensuring greater representation for women in legislative bodies.