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Oct 2, 2024 | 
medium.com | Saloni Kothari
Why TypeScript, If we have JavaScript? TypeScript offers several advantages over JavaScript, which can make it a compelling choice for developers:Static Typing: TypeScript introduces static typing, allowing developers to define data types for variables, function parameters, and return values. This helps catch type-related errors at compile time rather than runtime. Improved Tooling: With static types, IDEs can provide better autocompletion, navigation, and refactoring tools.
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May 24, 2024 | 
ndtvprofit.com | Saloni Kothari |Anirudh Saligrama
The Securities and Exchange Board of India introduced new regulations on Friday requiring IPO-bound firms to create audiovisual presentations of their disclosures. These videos will specifically advise investors against relying on information from financial influencers, or "finfluencers."The latest circular by markets regulator mandates that all Initial Public Offering aspirants must produce AV presentations to enhance investor awareness and understanding of public issues.
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May 24, 2024 | 
ndtvprofit.com | Saloni Kothari
Adani Ports and Special Economic Zone Ltd. will be included in the S&P BSE Sensex from June 24, replacing IT major Wipro Ltd. from the index, as part of the reconstitution of the S&P BSE indices. The Asia Index Pvt. on Friday announced reconstitution results for its indices, which is effective from open on June 24.
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May 20, 2024 | 
ndtvprofit.com | Saloni Kothari
Godrej Properties Ltd. continued its land-buying spree by acquiring around 109 acres in Nagpur. The development on this land will comprise primarily of plotted residential units and will offer an estimated saleable area of 2.2 million square feet, the real estate developer said in an exchange filing. The land parcel is strategically located near Samrudhhi Mahamarg—the expressway connecting the cities of Mumbai and Nagpur—and Mihan Special Economic Zone.
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May 10, 2024 | 
ndtvprofit.com | Saloni Kothari
Niva Bupa Health Insurance Co. plans to file its initial public offering of Rs 3,000 crore by June, according to people with knowledge of the matter. It is likely to be a mix of fresh issue and an offer-for-sale.The health insurer will file its draft red herring prospectus with the market regulator in a month or so, the people said. The private equity firm True North will pare its stake through the offer-for-sale.Niva Bupa Health Ins...
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May 4, 2024 | 
ndtvprofit.com | Saloni Kothari
Indian stock indices are poised for a potential rebound on Monday following a significant sell-off on Friday that saw a sharp decline in benchmark indices the S&P BSE Sensex and the Nifty 50. Market experts anticipate this pullback to be supported by clarifications from the Finance Minister and positive US employment data, among other factors.
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Apr 30, 2024 | 
ndtvprofit.com | Saloni Kothari
Asset management companies need to have an institutional mechanism for deterrence of potential market abuse, including front-running, said the Securities and Exchange Board of India. The markets regulator also eased group firm investment norms for equity passive funds, during the 205th meeting of the SEBI Board held in Mumbai on Tuesday. Considering the recent instances of front-running, the markets regulator has approved amendments to enhance the existing regulatory frameworks.
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Apr 30, 2024 | 
ndtvprofit.com | Rishabh Bhatnagar |Saloni Kothari
FirstCry parent BrainBees Solutions Pvt. has refiled its papers for an initial public offering after SEBI sought additional information and sent back the online retailer's initial set of documents. In its latest draft red herring prospectus, FirstCry has reported a revenue from operations of Rs 4,841 crore and a loss of Rs 278 crore for the nine-month period ended December 2023. Earlier, the company had reported numbers only for the three months ended June 2023.
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Apr 30, 2024 | 
ndtvprofit.com | Rishabh Bhatnagar |Saloni Kothari
Online retailer BrainBees Solutions Pvt., the parent of FirstCry, is expected to refile papers soon for its initial public offering after SEBI sought additional information and sent back its initial set of documents. FirstCry will refile its papers with updated financials up until the December quarter of financial year 2023 and additional information on certain key performance indicators, according to two persons familiar with the matter.
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Apr 25, 2024 | 
ndtvprofit.com | Saloni Kothari
Even for the MF industry, the latest rule puts them at a significant disadvantage. Many funds have stopped accepting fresh funds till the KYC norms are met. This is going to impact the inflows in a big way, said a top executive of a domestic asset management company on condition of anonymity. Customers who are KYC-registered can invest in funds in which they have folios. However, without getting a 'validated' tag, they cannot invest in new mutual funds.
