Sales rise 12.43% to Rs 292.51 crore
Posts in category Business Standard
IL&FS Engineering & Construction Co reports consolidated net loss of Rs 3.01 crore in the June 2024 quarter (08-08-2024)
Sales rise 55.83% to Rs 85.52 crore
Shankara Building Products consolidated net profit declines 7.12% in the June 2024 quarter (08-08-2024)
Sales rise 14.03% to Rs 1290.97 crore
Oriental Trimex standalone net profit rises 585.71% in the June 2024 quarter (08-08-2024)
Sales rise 68.75% to Rs 0.54 crore
State Trading Corporation of India consolidated net profit rises 457.93% in the June 2024 quarter (08-08-2024)
Reported sales nil
Hi-Klass Trading & Investment reports standalone net profit of Rs 0.07 crore in the June 2024 quarter (08-08-2024)
Sales rise 31700.00% to Rs 3.18 crore
Sebi’s new rules specify max limit for large value funds’ tenure extension (08-08-2024)
Markets regulator Sebi has amended alternative investment funds (AIF) norms specifying maximum permissible limit for extension of tenure by ‘Large Value Funds’.
In a notification, Sebi said a large value fund for accredited investors may be permitted to extend its tenure up to five years. This is subject to the approval of two-thirds of the unit holders by value of their investment in the large value fund for accredited investors.
The extension in tenure of any existing scheme of a large value fund for accredited investors will be subject to such conditions as specified by the regulator.
The move is aimed at providing clarity to investors in Large Value Funds for Accredited Investors (LVFs) about their investment horizon.
Large Value Fund (LVF) for accredited investors means an AIF or scheme of an AIF in which each investor (other than the manager, sponsor, employees or directors of the AIF or employees or directors of the manager) is an accredited investor and invests at least Rs
Nikkei edges down 0.74% (08-08-2024)
The Nikkei average fell 0.74 percent to 34,831.15 while the broader Topix index closed 1.11 percent lower at 2,461.70.
Australian stocks fall slightly (08-08-2024)
The yen recovered losses against the dollar and gold climbed toward $2,400 per ounce, while oil prices slipped after rising more than 2 percent in the overnight U.S. trading session on data showing a bigger-than-expected draw in U.S. crude stockpiles.
Bharat Parenterals consolidated net profit declines 82.98% in the June 2024 quarter (08-08-2024)
Sales rise 32.33% to Rs 92.51 crore