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Day: November 14, 2024

Loss-making companies pay royalty too: Sebi

MUMBAI: Some listed Indian companies make royalty payments, mostly to promoters, at the cost of shareholders, a study by markets regulator Sebi showed. The study

Rupee closes at new low of 84.4 against $

The rupee slipped to its weakest closing level on record on Thursday but fared better than its regional peers as state-run banks’ dollar sales countered