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2025-06-28 04:38:45| The Economic Times

The Securities and Exchange Board of India has updated regulations concerning related party transactions. Company management must now secure certification from key executives for audit committees. Shareholders will receive valuation reports for significant transactions. Requirements for royalty payment disclosures are relaxed. These revised rules, developed with industry input, will be effective from September 1, 2025.

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2025-06-28 04:30:27| The Economic Times

IndusInd Bank's board has shortlisted Rajiv Anand, Rahul Shukla, and Anup Saha for the CEO role, aiming to meet the RBI's June 30 deadline. The bank has been operating without a full-time CEO since Sumant Kathpalia's resignation. Rajiv Anand is considered the frontrunner, bringing extensive experience from Axis Bank.

Category: News and Media

2025-06-28 04:19:42| The Economic Times

The Reserve Bank of India reveals valuation gains in reserves. These gains reached $26.9 billion during fiscal year 2024-25. This is a significant jump from $4.3 billion in the previous year. However, excluding these effects, foreign exchange reserves saw a decrease of $5 billion. Nominal terms show an increase of $21.9 billion.

Category: News and Media

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