She said SEBI had asked clearing corporations and depositories to make funds available to foreign portfolio investors (FPIs) on the same day as the settlement
Zudio, Trent Ltd.'s value fashion brand, opens its first international store in Dubai Silicon Central Mall, marking its global expansion. Zudio now has 545 stores across 161 cities, with plans for further UAE and international growth.
The company plans to focus on increasing the number of screens in South India given the region’s high demand for films and comparatively low number of multiplexes.
Minimum eligibility for listing: An operating revenue of $20 million, a pre-tax profit of $1 million, and a post-issue market capitalisation of $25 million.
`Our new energy business will be the new jewel in Reliance's crown; I foresee it becoming as big and profitable over the next 5-7 years as our oil-to-chemicals business which we built over the past 40 years,' Mr Ambani said.
The company has received Finance Ministry’s approval for downstream investment from its parent, making it eligible to seek a payments aggregator licence again.