Sebi plans pre-IPO trading platform; mulls longer tenure for equity derivatives, aims to curb grey market risks

Markets regulator Sebi chief Tuhin Kanta Pandey on Thursday said the watchdog is exploring a regulated platform for pre-IPO (initial public offering) trading, which could eventually replace unregulated grey market deals. The move, if implemented, may allow investors to trade shares in a transparent environment during the three-day gap between allotment and listing.Speaking at the […]

Dr. D.Y. Patil Medical College, Hospital & Research Centre Becomes First Indian Hospital to Win IBCLC Hospital-Based Care Award for Second Consecutive Tenure

Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune, has achieved a landmark milestone by being honoured with the IBCLC Care Award 2025–2027 by the International Board of Lactation Consultant Examiners® (IBLCE®) and the International Lactation Consultant Association® (ILCA®), USA. The hospital is now the first and only hospital in India […]

Government unexpectedly terminates IMF ED (India) KV Subramanian’s services 6 months ahead of tenure

KV Subramanian (File photo) In an unexpected move, the government has cut short KV Subramanian’s appointment as the executive director at the International Monetary Fund (IMF), ahead of his scheduled completion. The Appointments Committee of the Cabinet has decided to end his role effective April 30, 2025.No official explanation for this early termination has been […]

Economy

PLI scheme: PMO holds back approval for new sectors, tenure extensions

The PMO seems disinclined towards approving new Production Linked Incentive (PLI) schemes for additional sectors and extending tenures for some of the existing ones with many requests from the industry and line-Ministries getting rejected by it or kept in suspension, sources have said. “Last month, the PMO rejected a proposal for extension of PLI scheme […]