Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India’s economy rose by a faster-than-expected 7.4% in the quarter ended March. India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The…
SEBI has removed the status of WeWork India’s IPO papers from abeyance. SEBI clears 5 IPOs Capital market regulator Sebi has approved IPOs of five companies – Veeda Clinical Research, Shringar House of Mangalsutra, Rite Water Solutions India, Seedworks International, and LCC Projects. As per the latest processing status of draft offer documents, the regulator…
The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism. The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…
Backed by rising volumes, cost efficiencies, and PLI support, Bajaj Auto is narrowing losses that once weighed heavily on its EV portfolio. Bajaj Auto’s electric scooter, Chetak, led the electric two-wheeler segment in the January–March quarter of FY25. Following the roaring success of Chetak, Bajaj Auto is nearing EBITDA break-even for the electric scooter…