Slower demand in rural markets has been dragging the overall growth of the fast moving consumer goods segment since the past two years and companies said a normal monsoon and a good harvest could help expedite rural recovery instead of budget sops. Finance minister Nirmala Sitharaman said they are close to achieving the target of three crore under the rural housing scheme.
Sebi seeks to tighten eligibility criteria for SME IPOs. Here’s how
Sebi is considering tightening rules for SME IPOs to protect retail investors. The regulator proposes to debar companies whose promoters or directors are debarred from