Third Eye: For some, it’s internal matter & JMM’s advice to Odisha’s BJP govt (26-09-2024)
Jharkhand’s ruling party JMM has slammed Odisha’s BJP government after it emerged that an elderly woman was forced to crawl nearly 2 km from her home in Keonjhar district to a panchayat office to collect her old-age pension. A video had gone viral on social media a few days ago.
Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds (26-09-2024)
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
Crompton Greaves Consumer may underperform on near-term demand concerns (26-09-2024)
Near-term demand is lower amidst a host of factors such as inflationary challenges on consumer spending, rural weakness, and Q2 being a seasonally weak quarter post a strong summer
InterGlobe Aviation – Indigo (26-09-2024)
Isidro Porqueras:
- #Educational background: PhD in #Physics and MBA from IESE Business School (Barcelona, Spain).
- Former COO of Volotea, a fast-growing European airline.
- joined IndiGo in April, 2024 as Chief of Transformation and has been engaged in several operations related projects over these past months.
Sebi issues guidelines for FVCIs outlining compliance, registration (26-09-2024)
Markets regulator Sebi on Thursday issued operational guidelines for Foreign Venture Capital Investors (FVCIs) outlining procedures for registration, compliance, and investment activities
Also, the Securities and Exchange Board of India has issued operational guidelines for Designated Depository Participants (DDPs).
The guidelines are aimed at helping FVCIs and DDPs transition smoothly to the amended FVCI regime, which will come into effect on January 1, 2025.
Under the guidelines, Sebi has outlined procedures for FVCI registration, compliance, and investment activities and also specified the role of DDPs.
The regulator has set a deadline of March 31, 2025, for all existing FVCIs to engage with a DDP. Failing to do so will restrain FVCIs from making any new investments.
“Existing FVCIs shall engage a DDP, to avail its services for conducting due diligence with respect to continuance of registration as an FVCI, by March 31, 2025.
“Any FVCI failing to engage a DDP by March 31, 20