Articles for tag: Currency, ecofriendliness, Economic, Efficiency, Embarks, Ensuring, Future, Indias, Management, Monumental, Project, RBI, Revolutionize, Safety, Year

Market News

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...

Market News

Sebi’s new rules ease margin trading, allowing cash collateral as maintenance margin, enhancing business efficiency and reporting requirements.

Sebi’s new rules ease margin trading, allowing cash collateral as maintenance margin, enhancing business efficiency and reporting requirements.

The Securities and Exchange Board of India (Sebi) has introduced new guidelines to ease margin trading for investors. Now, securities funded with cash collateral can qualify as a maintenance margin for the margin trading facility (MTF). This change aims to reduce the need for additional collateral. Sebi received requests from Market participants to modify the ...

Market News

Tata Consumer Products Unites Subsidiaries to Streamline Operations and Enhance Efficiency

Tata Consumer Products Unites Subsidiaries to Streamline Operations and Enhance Efficiency

Tata Consumer Products Ltd (TCPL) has successfully merged its three wholly-owned subsidiaries—Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd—following approval from the National Company Law Tribunal (NCLT). This merger, effective September 1, 2024, aims to simplify and streamline the company’s operations, unlocking efficiencies and synergies. Despite the consolidation, TCPL will maintain ...

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