Posts in category Business Standard
Sebi cracks whip on finfluencer, orders to impound Rs 12 cr ‘unlawful gain’ (08-04-2024)
Sebi has barred Ravindra Bharti Education Institute, co-founded by finfluencer and YouTuber Ravindra Balu Bharti, from the securities market and directed to deposit Rs 12 crore "unlawful gain" earned from the alleged unregistered investment advisory business.
It has been directed to deposit the amount to an interest-bearing escrow account created specifically for the purpose in a nationalised bank.
Additionally, the regulator has barred Ravindra Balu Bharti, his wife Shubhangi Ravindra Bharti and directors -- Rahul Ananta Gosavi and Dhanashri Chandrakant Gosavi -- from the securities market. Also, these persons have been restrained from associating themselves with any intermediary registered with Sebi in any capacity.
Ravindra Bharti Education Institute Pvt. Ltd. (RBEIPL) was founded in 2016 by Ravindra Balu Bharti and his wife. The company claims to be primarily involved in imparting training or education related to stock market trading activities.
In its interim order issued on .
Quick Wrap: Nifty Auto Index gains 2.16% (08-04-2024)
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APL Apollo Tubes improves its ESG rankings in S&P CSA 2023 (08-04-2024)
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Market hits record high, VIX jumps 2.40%, auto shares advance (08-04-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex, gained 494.28 points or 0.67% to 74,742.50. The Nifty 50 index added 152.60 points or 0.68% to 22,666.30.
JSL launches first premium cookware range under Arttd’inox brand (08-04-2024)
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J&K Bank Q4 gross advances climbs 13% YoY (08-04-2024)
Jammu & Kashmir Bank reported 12.67% jump in gross advances to Rs 97,072.47 crore as on 31 March 2024 as against Rs 86,155.64 crore as of 31 March 2023.
Cochin Shipyard hits life high on inking pact with US Navy (08-04-2024)
Cochin Shipyard (CSL) advanced 5.58% to Rs 1,140.95 after the ship building firm signed the master shipyard repair agreement (MSRA) with United States Navy.
REC registers highest ever loan sanctions in FY24 (08-04-2024)
The public sector enterprise said that it has recorded highest ever loan sanctions at Rs 3,58,816 in FY24, up 33.66% from Rs 2,68,461 crore registered in FY23.
Speculative Net Longs In Euro Continue To Slide (08-04-2024)
Large currency speculators net long positions in the Euro futures market fell further, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 16794 contracts in the data reported through April 02, 2024. This was a weekly fall of 14400 net contracts with net long position falling to its lowest level since September 2022.
Bandhan Bank Ltd leads losers in ‘A’ group (08-04-2024)
Neuland Laboratories Ltd, Great Eastern Shipping Company Ltd, Venus Pipes & Tubes Ltd and Kaynes Technology India Ltd are among the other losers in the BSE's 'A' group today, 08 April 2024.