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Friday, April 19, 2024

Tata Sons seeks IPO waiver from RBI after cutting debt

Tata Sons seeks RBI exemption post TCS stake sale to avoid IPO. Assets meet CIC criteria. Aims to deregister as CIC, sidestep RBI rules amid Cyrus Mistry battle.

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...