Nithin Kamath praised the Finance Ministry and NSE for clarifying SCRA rules, allowing brokers to invest their own funds freely. This regulatory shift will empower Zerodha’s Rainmatter to allocate more capital directly to Indian startups without prior approvals.
Whirlpool Corp is divesting a 31% stake in its Indian arm, attracting interest from Reliance Retail, Havells India, and buyout funds like EQT and Bain
US equity futures saw moderated declines amidst President Trump’s consideration of military support for Israel against Iran. Markets displayed uncertainty, with potential US involvement and
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