Posts in category All News
Vraj Iron and Steel GMP: Will there be a listing pop at the bourses tomorrow? (02-07-2024)
Vraj Iron and Steel's shares trade at a 67 rupee premium in the unlisted market, suggesting a potential 32% listing gain. However, grey market premiums are volatile and may not be accurate. The strong IPO subscription of 126.36 times reflects investor confidence in the company's prospects.
Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr (02-07-2024)
Foreign portfolio investor Raselle Capital VCC has settled a case related to the alleged violation of FPI rules with capital markets regulator Sebi after paying Rs 1.23 crore as settlement charges.
The order came after Raselle Capital proposed to settle the instant proceedings initiated against it without "admitting or denying the findings of facts and conclusions" of the law.
The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against the applicant (Raselle Capital VCC) for the alleged violations of Sebi's Foreign Portfolio Investors (FPI) rules and other market norms.
Further, a show cause notice (SCN) dated December 18, 2023, was issued to the applicant by the markets watchdog for the alleged violations.
Thereafter, the applicant filed a settlement application with the regulator in terms of the provisions of Sebi's (Settlement Proceedings) regulations to settle the matter.
Pursuant to the receipt of the application, Sebi's High Powered Advisory
IEX records 24.7% growth in electricity volume in June (02-07-2024)
Indian Energy Exchange achieved electricity volume of 10,185 MU in June'24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis.
3 reasons why bank and financial services stocks may bounce back (02-07-2024)
Nifty Financial Services has typically outperformed broader market indices, but has struggled in recent years, underperforming in four of the last five calendar years, including year-to-date 2024.
Avantel (02-07-2024)
Thank you for sharing the transcript. How did you get this? Is it on the company website?The one thing which caught my interest was the enormous opportunity that SDR seems to present for the company…
K E C International wins orders of Rs 1,017 cr (02-07-2024)
Under T&D and Renewables businesses
PM Modi speaks on NEET, says govt won’t spare those behind paper leaks (02-07-2024)
Earlier on Tuesday, the Leader of Opposition (LoP) in Lok Sabha Rahul Gandhi on Tuesday penned a letter to PM Modi, urging for an immediate debate in Parliament to address the growing concerns over the National Eligibility cum Entrance Test (NEET).
C-DAC partners with MosChip and Socionext (02-07-2024)
For development of indigenous HPC Processor AUM