“The export market had slowed down in the first five months of FY23. But now it has started picking up and we are bullish that this trend will continue over the remaining period of the fiscal year,” said Ramkumar Menon, chairman of the Kochi-based World Spice Organisation (WSO).
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,