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Markets regulator Sebi on Wednesday expanded the list of eligible professionals who can be part of the internal audit team for Credit Rating Agencies (CRAs), making it more inclusive. Earlier, the internal audit team for CRAs was required to include a Chartered Accountant (ACA/FCA), and a Certified Information Systems Auditor (CISA) or someone with a Diploma in Information System Audit (DISA).
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Jubilant FoodWorks may face business pressure due to rising India-Turkey tensions following Türkiyes support for Pakistan. Its Dominos Turkey unit, DP Eurasia, contributes significantly to revenue and could be impacted by boycott calls and strained trade ties.
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MSCI has revamped its India Smallcap Index, adding 11 stocks including Tata Technologies and Hexaware, while removing 22 others. The rejig, effective May 30, also involves weight adjustments across select existing constituents, signaling shifts in market sentiment.
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