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ICICI Bank said in an exchange filing that its board on June 29 will consider a proposal for the delisting of equity shares of ICICI Securities pursuant to a scheme of arrangement with the Bank under a special provision of the SEBI Regulations, 2021.

Markowitz was best known as the father of modern portfolio theory, which he introduced in 1952 in an article published by the Journal of Finance. He broke with traditional investment analysis by focusing on combinations of assets, rather than individual securities.

On Monday, the one-year annualised dollar-rupee forward premium rate was at 1.86% as against 1.76% a week ago. A year ago, the premium was at 4.22%. The sharp narrowing of the forward premium rates is owing to the higher quantum of rate hikes carried out by the US Federal Reserve vis-a-vis the tightening conducted by the RBI.

IRFC raised ₹1,940 crore through bonds maturing in October 2028 at a rate of 7.45% and ₹2,000 crore through bonds maturing in October 2026 at a rate of 7.41%, sources aware of the development said. The bonds are rated AAA by rating agencies Crisil, ICRA and Care.

While many businesses - driven by commercial convenience, balance of payments, and terms of global reinsurers - often prefer to deal in hard, convertible currencies, New Delhi is pursuing its aim to internationalise the local currency.

Under the format for compliance report on governance, Sebi said infrastructure investment trusts (InvITs) and real estate infrastructure trusts (REITs) will have to disclose the name of the investment managers, the composition of the board of directors of the investment managers as well as the composition of committees, meetings of the board of directors, along with meetings of committees, on a quarterly basis.

​The sector, as we all know, has been a non-participant for last, actually so many years, probably four-five years or so it has been coming up, going down, but has not been seeing consistent performance.

“ABB and Siemens are in the centre of energy transition, digitization and data centres. This entire space looks very interesting. But particularly, over the next couple of years, Siemens and ABB look very interesting to us,” says the head of research of Prabhudas Lilladher.

Sure, I think the change of guard is the first signal that the management is very serious in its intent of trying to take it forward and really what appears to be a little looking for directions, possibly this change of guard will help them.

Swaminathan Janakiraman, a nominee director representing State Bank of India (SBI), has resigned as the Director of the company.