PhonePe said its "strong top line and bottom line growth" across business portfolios makes it a suitable time for public listing
Sebi granted in-principle approval for the IPO in September 2023, following NSDL's draft red herring prospectus (DRHP) filing in July 2023
The company believes slowdown in transient and that growth will rebound going ahead
The slide was triggered by a sharp slowdown in profit growth in India's top companies
The minimum corpus requirement for retail investment schemes has been slashed from $5 million to $3 million, while the threshold for Portfolio Management Services (PMS) is halved to $75,000
New features to enable voting on resolutions, inheritance tracking
The NSE has accused ICCL of "overcharging," even as the latter has raised a demand of approximately ₹100 crore from the exchange
The Sensex closed at 75,736, down 203 points (0.3 per cent), while the Nifty ended at 22,913, slipping 20 points (0.09 per cent). Both indices hit their lowest levels since January 27
Trump tariff news, Tesla India: US President Donald Trump said he would levy around 25-per cent import tariffs on automobiles, starting April 2, 2025