Securities and Exchange Board of India is proposing changes to initial public offering regulations for small and medium enterprises. The changes aim to reduce the overall costs associated with raising capital through IPOs. Proposed improvements include lowering the minimum application amount and easing underwriting requirements. Companies with certain market capitalisation thresholds could benefit from these new regulations.
Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s why
Brent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1.07%, to $94.07.