Top Eight Business Stories Of The Day You Can't Miss — March 24

Important news, must-read stories on BQ Prime today.

RBI Set To Elevate Three Officials As Executive Directors

The first of the appointments could happen as early as April 1. 

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Debt Mutual Funds Will Lose Tax Advantage Starting April

Finance Ministry moves to correct tax arbitrage between debt funds and fixed deposits.

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NSE Reduces Equity And Derivatives Transaction Charges To 4%

The charges had earlier been increased to 6% on Jan. 1, 2021.

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Nykaa Sees Five High-Level Executives Resign

A Nykaa spokesperson says some of these mid-level exits are part of the standard annual appraisal and transition process.

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SC Upholds Adani Power's Resolution Plan For Korba West Power

The apex court clarified that Adani Power will only be liable for what is mentioned in the resolution plan.

Disclaimer: Adani Enterprises is in the process of acquiring a 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.

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Massive Relief Proposed For Investors Of REITs, InvITs

The government proposes to soften the tax impact on unit holders of REITs, InvITs as envisaged in the Finance Bill, 2023.

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Deutsche Bank Shares Slump 11% After Spike In Credit Default Swaps

The multinational bank's stock has lost over 24% of its value in the last one month.

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Nestle India's Capex Plan Can Spur Double-Digit Growth: Nomura

The brokerage maintains a 'buy' on the firm with a target price of Rs 22,990, implying an upside return potential of 20.2%.

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