Sebi plans a comprehensive review of IPO rules for small and medium companies. Market making and underwriting systems are identified as areas needing attention. A working group has submitted its report on the SME platform to the regulator. Sebi will soon release a consultation paper regarding the SME platform. The regulator also aims to support global fund management activities from India.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting