Posts in category Business Standard
Oil and Gas stocks slide (06-03-2024)
Oil and Gas stocks were trading with losses, with the S&P BSE Oil&Gas index decreasing 536.75 points or 1.85% at 28536.22 at 13:46 IST.
Gravita expands capacity of its recycling unit in Tanzania (06-03-2024)
Gravita India announced that Gravita Tanzania, a step down wholly owned subsidiary of the company has increased capacity of its existing recycling unit situated at Tanzania. The existing capacity of said unit for battery recycling has been increased by 5,000 MTPA bringing the total capacity of battery recycling of this unit to 12,000 MTPA.
Britannia Industries Ltd down for fifth straight session (06-03-2024)
Britannia Industries Ltd is quoting at Rs 4806.3, down 0.4% on the day as on 13:19 IST on the NSE. The stock jumped 10.75% in last one year as compared to a 25.52% rally in NIFTY and a 16.68% spurt in the Nifty FMCG index.
Persistent Systems Ltd down for fifth straight session (06-03-2024)
Persistent Systems Ltd is quoting at Rs 8127, down 1.47% on the day as on 13:19 IST on the NSE. The stock jumped 66.14% in last one year as compared to a 25.52% rally in NIFTY and a 21.02% spurt in the Nifty IT index.
Atul Auto invests Rs 19.99 cr in Atul Greentech’s rights issue (06-03-2024)
The said shares have been allotted on 06 March 2024.
Thomas Cook (India) wins ‘MICE Tour Operator of the Year – Outbound’ award at SATTE (06-03-2024)
Thomas Cook (India) has been honoured with 'MICE Tour Operator of the Year - Outbound' award at SATTE. One of Asia's leading travel and tourism platform, SATTE provides a platform to industry players to conduct business, share knowledge and exchange ideas.
Share India Securities allots 23.35 lakh equity shares on conversion of warrants (06-03-2024)
Powered by Capital Market - Live News
NLC India incorporates NLC India Green Energy for RE projects (06-03-2024)
NLC India said that it has incorporated a wholly owned subsidiary NLC India Green Energy (NIGEL) to carry out future renewable projects.
Indiabulls Real Estate dips 13% on MIDC order to vacate land in Nashik (06-03-2024)
The realty firm believes that the said order to be unlawful and was evaluating legal options to defend itself, including filing of an appeal in Court.
MF distributors to get trail commissions for investor asset transfers (06-03-2024)
Mutual fund distributors will now have the opportunity to receive trail commissions from Asset Management Companies (AMCs) for assets transferred by an investor from one distributor to another.
This change follows numerous requests from Mutual Fund Distributors (MFDs) to review the current AMFI Registration Number (ARN) transfer norms.
These norms currently prevent AMCs from paying trail commissions to the new distributor when an investor transfers their assets to a new MFD.
In a communication to its members on Tuesday, Association of Mutual Funds in India (Amfi) permitted AMCs to pay trail commission to distributors in case a client transfers his assets from one distributor to another.
However, AMCs can only pay trail commission after cooling off period of six months from the date of transfer of assets by investors.
"In respect of change in distributor/ ARN code initiated by the investor, the AMCs may consider making payment of trail commission to the transferee distributor afte