Wed, Sep 11, 2024 3:38 PM
📢 Sensex declines 399 points at the close; Nifty ends above 24,900
A Flip by Avya Verma
Employees of SEBI have been assured that a committee, including whole-time members of it, will be formed to address their demands for improving the work environment and creating a more equitable performance-tracking system, according to people familiar with the matter. These measures indicate that the impasse between the capital-markets regulator and its employees finally seems to be ending.
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Mumbai-listed online travel services provider EaseMyTrip said Tuesday it is acquiring stakes in Rollins International, a healthcare consumer product maker, and home healthcare provider Pflege Home Healthcare. This is being done to extend its operations to medical tourism, as part of its efforts to diversify income streams and offer holistic travel solutions.
Open Flip
Traders are harking back on 1995, when Alan Greenspan led the Federal Reserve in pulling off a rare soft landing, for a playbook on trading the first interest-rate cut in four years. Like nearly three decades ago, bonds and stocks are rallying ahead of a critical Fed meeting. But this time, the central question for Chair Jerome Powell is which approach- reducing rates by 25 basis points or 50 bps.
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