With Australia's economy slowing, the country is encouraging local and foreign companies to consider entering the equity market by acquiring a publicly traded company. Paul Allen reports on the growing trend for reverse takeovers.

Medical marijuana company enters ASX via back door

Chaudhry, whose previous firm Aakash Educational Services (AESL) was bought by Byju's in 2021, has secured a seed investment of about $4 million for his new edtech venture Sparkl

Cinema exhibitor PVR INOX Ltd on Monday announced a restructuring of its Rs 600 crore media business, naming Chief Sales Officer Shalu Sabharwal as the leader of initiatives to focus on deepening market connections and driving growth across the country.
Sabharwal will take the lead in making strategic changes to bolster media business by leveraging a team of industry experts who will take charge of business development across India, PVR INOX said in a statement.
"Her extensive experience and strategic vision make her the ideal leader to guide this transformation. By bringing in industry experts and focusing on key areas like data-driven decision-making and sponsorship opportunities, we are positioning PVR INOX as a dominant force in the media business," PVR INOX CEO- Revenue & Operations, Gautam Dutta said.
Under the newly revamped structure, regional heads Gaurav Shukla, Sharda Ganti, Rajesh Makhija and Shalini Marianathan will spearhead efforts in their respective markets, the ..

Sabharwal will take the lead in making strategic changes to bolster media business by leveraging a team of industry experts who will take charge of business development across India

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The stepwell, with an area of 400 square meters, is approximately 125 to 150 years old, according to Sambhal's District Magistrate Rajendra Pensiya

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, but a decision on big-ticket rate rationalisation, including a higher tax on sin goods, may be deferred.
The GoM on GST rate rationalisation had proposed rate rejigs in 148 items in its recommendations, but sources said that consensus is needed to be built on some of the tax changes that the panel has suggested and some more time may be needed for that.
The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is also likely to deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent (without input tax credit), from the current 18 per cent (with ITC).
However, the Fitment Committee (comprising tax

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026

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Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

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Medical marijuana company enters ASX via back door

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