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WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. Chairman Jay…

(L-R) Sunil Jain, managing editor, Financial Express; Rajiv Anand, executive director, Axis Bank; Jatin Singh, founder & managing director, Skymet; V Vaidyanathan, managing director & CEO, IDFC First Bank; Roopa Purushothaman,…

“PNB has indicated to the court that it intends to apply for permission to appeal to the Court of Appeal. As this would be a second appeal, the test for granting permission to appeal is stringent,” Mittal said.The British subsidiary of …

According to a regulatory filing, Prince pipes allocated 84.26 lakh shares at Rs 178 apiece to eight anchor investors.Pipes and fittings manufacturer Prince Pipes has mopped up Rs 150 crore from anchor investors.According to a regulatory…

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NEW YORK (Reuters) - It is not often that a spending bill in Congress will make regular Americans run to their financial planners for emergency help before the holidays. But the Senate is poised to pass a spending bill on Friday that…

The divestment of BPCL can set off a virtuous cycle, as it would give the buyer 23% of the fuel retailing business in India, a seasoned supply chain, and access to the city gas distribution businessBy Miren Lodha The recent relaxation of…

“We have the framework ready and technical developments are underway because it needs certain changes. Once those are done, we will start, maybe by April,” SBI chairman said.State Bank of India (SBI) will switch to a cash flow-based…

Advanced technology infusion has become the holy grail in protecting investor interests amid an economic slowdown.Constant technology evolution has revolutionized the Indian market. The Indian stock market, too, is witnessing effective…

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