The tractor manufacturer announced that its agri machinery business division sales grew by 19.8% to 18,110 units in October 2024 as against 15,113 units sold in October 2023.
Posts in category Business Standard
Sebi plans relaxed norms, sunset clause for high-value listed debt firms (01-11-2024)
Move to ease compliance burden for 166 pure-debt listed entities
Muhurat Trading Highlights: Sensex closes 300 pts higher at 79,700 in Samvat 2081’s first session (01-11-2024)
Muhurat Trading Highlights: Benchmark Indian equity indices BSE Sensex and Nifty 50 ended the Muhurat trading session 2024, the first trading session of Samvat 2081, on a positive note
TaMo, Maruti Suzuki, TVS Motor, Narayana Hrudayalaya in focus (01-11-2024)
Tata Motors said that it had registered total sales of 82,682 units in October 2024, which is lower by 0.33% as compared with 82,954 units sold in October 2023.
Weak Asia may limit domestic gains (01-11-2024)
GIFT Nifty:
Festivities trigger gold buying spree, but volumes lag due to high prices (01-11-2024)
In India, prices jumped to a record high of Rs 79,775 per 10 grams earlier this week, marking a nearly 33 per cent increase since last year’s Diwali
Sebi looks to iron out new ERP framework for ease of doing business (01-11-2024)
First major revision planned since introduction of the framework in July 2023
Sebi proposes doubling threshold for identifying HVDLEs to Rs 1,000 cr (01-11-2024)
Markets regulator Sebi has proposed raising the threshold for identifying High Value Debt Listed Entities (HVDLEs) to Rs 1,000 crore from Rs 500 crore at present to reduce compliance burdens.
Currently, an entity having outstanding value of listed non-convertible debt securities of Rs 500 crore and above are referred to as ‘High Value Debt Listed Entities’.
In its consultation paper, Sebi has proposed introducing a sunset clause that would end governance obligations if an HVDLE’s outstanding debt falls below the threshold for a specified period, providing more flexibility.
It has suggested a dedicated chapter within LODR (Listing Obligations and Disclosure Requirements) Regulations focused solely on corporate governance norms for HVDLEs distinguishing them from equity-listed entities.
Also, it has been proposed filing of governance reports in XBRL format, voluntary Business Responsibility and Sustainability Reporting (BRSR), and harmonise HVDLE reporting with equity-listed …
Sebi mulls steps to facilitate ease of doing biz for ESG Rating Providers (01-11-2024)
Markets regulator Sebi has proposed tweaking framework for ESG Rating Providers (ERPs), particularly for those using a subscriber-pays model, including an exemption from the requirement to disclose ESG ratings to stock exchanges.
Additionally, the regulator has suggested that ERPs using a subscriber-pays model should share ESG (Environmental, Social, and Governance) rating reports with both subscribers and the rated issuer simultaneously. This policy should be publicly disclosed.
ERPs should ensure that rated entities, their group companies, or associates cannot subscribe to their own ESG ratings, Sebi said in its consultation paper.
These proposals are aimed at enhancing the clarity, transparency, and regulatory alignment of ESG ratings within Sebi’s framework.
The Securities and Exchange Board of India (Sebi) had introduced regulations for ERPs in July 2023, but ERPs have sought clarifications on certain provisions, particularly for those using a subscriber-pays model, and …
Trump vows to protect Hindu Americans from left; strengthen ties with India (01-11-2024)
In a bid to strengthen ties with India, Trump also expressed his desire to boost partnership with Prime Minister Narendra Modi, whom he referred to as a ‘good friend’