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India’s market regulator proposes changes to ease fundraising rules

BENGALURU (Reuters) – India’s capital market regulator on Thursday proposed changes in rules for fundraising and disclosure requirements for listed companies, according to a discussion paper on the regulator’s website. A discussion paper is the first step before potential policy changes by the Securities and Exchange Board of India (SEBI) for listed entities, funds, and …

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Exclusive-India data centre firm Yotta’s Nvidia AI chip orders to reach $1 billion -CEO

By Aditya Kalra GANDHINAGAR, India (Reuters) – Indian data centre operator Yotta’s plans to purchase more AI chips from its partner Nvidia will be worth $500 million, taking its total order book with the U.S. firm to $1 billion as Yotta beefs up AI cloud services, its chief executive told Reuters. Yotta said last month that it …

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NASDAQ talks to India about overseas listings for local companies

(This Jan. 10 story has been officially corrected to remove reference to QQQ after Knight said he was speaking in general terms, not specifically referring to QQQ, in paragraph 12) By Dhwani Pandya GANDHINAGAR, India (Reuters) – U.S. stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list …

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