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In the first five trading sessions of November, FPIs sold equities worth 19,993.7 crore ($2,374.6 million) net according to the data from NSDL. This compares with a massive selling of 44,914 crore ($5,352.1 million) in the first five sessions of the previous month, forming nearly half of the total selling worth 94,017 crore ($11,195.4 million) for the whole month.
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News and Media
In its consultation paper, Sebi has proposed that only agreements, including shareholder, joint venture and family settlement, that affect the management and control of the firm and are known to the firm should be considered price-sensitive and included in the illustrative list of events under the definition of UPSI.
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News and Media
The Indian government is considering raising the wage ceiling for the Employees' Provident Fund Organisation (EPFO) to 21,000 and lowering the employee count threshold for mandatory enrollment from 20 to 10-15. These measures aim to expand social security coverage for workers, aligning with the upcoming Social Security Code.
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News and Media
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