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SEBI notifies common ad code, allows celebrity endorsements for brands

New Delhi, Oct. 12 -- The Securities and Exchange Board of India (SEBI) has notified a common advertisement code for market intermediaries, allowing them to engage celebrities for brand or entity-leve... Read More


Neither approved nor disapproved, SC clarifies stance on Form 6 alterations

New Delhi, Oct. 12 -- The Supreme Court on Monday clarified that it had neither approved nor disapproved the controversial alterations made to Form 6 in its May 27 judgment, which was entirely about t... Read More


Freshworks to acquire SaaS management platform Torii

New Delhi, Oct. 12 -- SaaS major Freshworks is set to expand its IT Service Management (ITSM) capabilities with a definitive agreement to acquire Torii, a SaaS management platform. Torii gives busine... Read More


Nexus Select Trust appoints Siddharth Nawal as MD and CEO-designate

New Delhi, Oct. 12 -- Retail REIT Nexus Select Trust has appointed Siddharth Nawal as Managing Director and Chief Executive Officer-designate. He will succeed Dalip Sehgal as MD and CEO on January 1, ... Read More


Centre caps trade margins on non-scheduled cancer drugs at 30%, SC asks why other medicines left out

New Delhi, Oct. 12 -- Even as the Centre informed the Supreme Court today that it had decided to cap trade margins at 30 per cent for non-scheduled cancer drugs, the court questioned why the benefit o... Read More


FM sets five priorities areas for domestic steel cos including decarbonisation, lower import

New Delhi, Oct. 12 -- Finance Minister Nirmala Sitharaman on Monday proposed five priorities including a focus on decarbonisation for the domestic steel sector. "Decarbonisation is the steel industry... Read More


SEBI's Credit Risk-o-Meter may make bond risks easier to compare

New Delhi, Oct. 12 -- The Securities and Exchange Board of India's (SEBI) new Credit Risk-o-Meter could make it easier for retail investors to compare debt investments by translating credit ratings in... Read More


Wealth Company Alternates invests Rs.400 crore in sports brand Boldfit

New Delhi, Oct. 12 -- The Wealth Company Alternates, a part of Pantomath Group, has invested Rs.400 crore in Boldfit, a leading homegrown sports brands. The investment was down through Bharat Value F... Read More


Rupee perks up 96 paise on RBI's weekend measures

New Delhi, Oct. 12 -- RBI's weekend measures to curb speculation and contain volatility in the forex market had the desired effect, with the rupee appreciating about 1 per cent, even as yields of gove... Read More


RBL Bank PAT doubles to Rs.481.7 crore on FCNR(B) boost in Q2FY27

New Delhi, Oct. 12 -- RBL Bank's standalone net profit increased 2.7 times to Rs.481.7 crore in quarter ended September 30 2026, against Rs.178.52 crore in the year-ago period. The PAT increased 1.9 ... Read More