‘Pledge-Repledge’ Model Mooted for Brokers, Investors
The capital market authorities are understood to be examining a ‘pledge-repledge mechanism’ to meet the twin objectives of ring-fencing unused investor money lying with the stock brokers while simultaneously letting them earn from the float.
Women Athletes Score Record Brand Deals
As an increasing number of Indian women excel in cricket, boxing, badminton, hockey and other sports, the number of deals and the endorsement fees they’re getting have hit an all-time high, executives said.
ITC Plans ₹3kcr Yearly Growth Push
ITC Ltd chairman and managing director Sanjiv Puri said the company will accelerate investments, which had slowed during the pandemic, with a corpus of around ₹3,000 crore annually for the next few years, primarily for building manufacturing capacities and accelerating growth.