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The decision has been taken considering into account the recommendation of the Alternative Investments Policy Advisory Committee, the Sebi said in a circular. Under the rule, AIFs and VCFs have a time limit of six months from the date of prior approval from Sebi to making the allocated investments in offshore venture capital undertakings

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Providing clarity on initiation of the dispute resolution process, Sebi said that an investor will have to first take up his/her grievance with the market participant by lodging a complaint directly with the concerned market participant

Agilus was earlier called SRL Diagnostics, which was rebranded in May this year. Fortis Healthcare on Friday reported a 9% year-on-year (YoY) drop in net profit to Rs 122.5 crore in Q1FY24

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​​The company, which posted a consolidated profit after tax of Rs 134.3 crore in the first quarter of the last fiscal, said its diagnostics business has been renamed as Agilus Diagnostics Ltd, and the boards of the two firms have granted approval for the latter to initiate an initial public offer (IPO) process

Robust execution and deliveries resulted in robust collections at Rs 513 crore during the quarter, up 8%. The company has already launched 2.73 million sq ft in the current financial year including 1.52 million sq ft across three projects.

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The flexibility available with the central bank for targeting inflation, coupled with rising share of exports and easing oil prices have led to a benign outlook for the country’s CAD or current account deficit, according to Desai

Fixed income instruments are a series of cash flows. They carry a fixed rate of return and maturity period

The offer comprises fresh equity issue of up to Rs 600 crore and an offer for sale (OFS) of 1.42 crore units by selling shareholders

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Data shows the US economy added fewer-than-expected jobs in July

Reliance Industries to hold 46th AGM on August 28

Updated at : 2023-08-04 20:20:02

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RIL has set August 21 as the record date to determine eligible shareholders for payment of dividend. Dalal Street investors will keenly look forward to it, as Chairman Mukesh Ambani usually makes key announcements related to growth and expansion plans in AGMs.

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