Market regulator Securities and Exchange Board of India (Sebi) has proposed an asset under management (AUM) threshold of Rs 20,000 crore to consider a benchmark or index as ‘Significant Indices’.
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
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