Latest Federation of Indian Chambers of Commerce and Industry News & Updates

New Delhi, April 2 (IANS) In a significant regulatory move, the Securities and Exchange Board of India on Thursday proposed bringing back open market share buybacks through stock exchanges, following recent changes in the tax framework.In a consultation paper, the market regulator suggested that companies should once again be allowed to repurchase their shares directly from the secondary market as an additional option under existing buyback rules.This method had been discontinued earlier due to …

New Delhi, Feb 4 (IANS) India has joined the BRICS Centre for Industrial Competencies (BCIC) at an event organised by the Centre’s Department for Promotion of Industry and Internal Trade (DPIIT) in the national capital, according to an official statement issued on Wednesday.The BCIC, launched in partnership with the United Nations Industrial Development Organization (UNIDO), serves as a one-stop centre providing integrated support services to manufacturing companies and Micro, Small and Medium…