New system for monitoring foreign investment limits in listed firms

RBI to disallow investment if there is non-compliance. The Reserve Bank, in consultation with Securities and Exchange Board of India (SEBI), has decided to put in place a new system for monitoring foreign investment limits. Necessary infrastructure and systems to kick-start the monitoring mechanism, according to RBI, will be made available by the depositories. All listed Indian companies are required to provide the specified data/information on foreign investment to the depositories. The requisite information should be furnished on or before May 15, the RBI said. The listed Indian companies in…

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Beware: Not Monitoring Your Exercises Could Worsen Type 1 Diabetes

Diabetes is one the major diseases today, affecting the population worldwide. While Type 2 is the most kind which is a consequence of the unhealthy lifestyles led by many people among other factors, Type 1 is a condition that you can blame on your genes. Type 1 diabetes, which is also known as Juvenile Diabetes because it mostly affects children, is a condition when the beta cells in the pancreas that are responsible for producing insulin in the body are destroyed by our immune system. As a result, the breakdown…

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