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Ashika Investment Manager's CIO, Paras Bothra, anticipates discretionary consumption and travel sectors to thrive in the second half of 2025, fueled by lower interest rates and festive demand. While geopolitical tensions and primary market activity may limit near-term gains, the long-term outlook for India remains positive.
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Canada's government has ordered Hikvision, a Chinese video surveillance equipment manufacturer, to halt all operations and shut down its Canadian business due to national security concerns. Minister Melanie Joly stated that Hikvision Canada Inc.'s continued presence would be detrimental to Canada's security. The government has also banned the purchase and use of Hikvision products within government departments and agencies.
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The Securities and Exchange Board of India has updated regulations concerning related party transactions. Company management must now secure certification from key executives for audit committees. Shareholders will receive valuation reports for significant transactions. Requirements for royalty payment disclosures are relaxed. These revised rules, developed with industry input, will be effective from September 1, 2025.
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News and Media
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