The government issued a notification stipulating a lower public shareholding requirement for companies listing on stock exchanges at the International Financial Services Centre (IFSC)-a deemed foreign jurisdiction-a move aimed at wooing firms to list there.
Eternals’ FII cap signals stronger push into quick commerce with inventory-led strategy: Karan Taurani
Elara Securities’ Karan Taurani views Eternals’ move to cap FII ownership positively, paving the way for inventory-led quick commerce growth. This shift allows better control