Posts in category Business Standard
Sebi slaps penalty on OP Jindal Group’s firm Hexa Tradex, other entities (18-06-2024)
Markets regulator Sebi on Tuesday levied penalties totalling Rs 35 lakh on OP Jindal Group's firm Hexa Tradex Ltd, its promoters and directors for flouting delisting norms and other disclosure rules.
The regulator slapped fines within the range of Rs 2-5 lakh on Hexa Tradex, its chairperson Raj Kamal Aggarwal, Ravinder Nath Leekha, Vinita Jha, Girish Sharma, and Pravesh Srivastava. They are collectively referred to as noticee.
Siddeshwari Tradex Pvt Ltd, Innox Global Multiventures, Opelina Sustainable Services, and JSL Ltd, were the promoter entities of Hexa Tradex Ltd, which were also penalised by the markets regulator.
Pursuant to a complaint received by the Securities and Exchange Board of India (Sebi) in July 2022. The regulator conducted an examination with respect to the delisting of Hexa Tradex Ltd (HTL), a BSE and NSE-listed company.
Based on the complaints received, Sebi had initiated the proceedings against the noticees to inquire into and adjudge the alleged violations o
Mkts scale fresh peaks; Nifty hits intraday highs for 4th straight session (18-06-2024)
Both FPIs and domestic institutional investors were net buyers on Tuesday
TMC-led Oppn MPs group seeks probe on result-day crash, meet Sebi officials (18-06-2024)
After the meeting, Banerjee said that though they did not get any assurance from Sebi, the officials said that they will look into the matter
Mcap of BSE-listed firms hit fresh record high of Rs 437.24 trillion (18-06-2024)
The market capitalisation of BSE-listed firms hit a new record high of Rs 437.24 lakh crore on Tuesday amid an optimistic trend in equities where the BSE Sensex maintained the record-breaking run and hit another lifetime closing high level.
Rising for the fourth straight session, the 30-share BSE benchmark climbed 308.37 points or 0.40 per cent to settle at a new closing peak of 77,301.14. During the day, it jumped 374 points or 0.48 per cent to hit the fresh lifetime peak of 77,366.77.
The positive trend in equities took the market capitalisation of BSE-listed firms to a new record high of Rs 4,37,24,261.40 crore (USD 5.24 trillion).
In four days, the investors' wealth has risen by Rs 10.29 lakh crore.
"Key benchmark indices continued their record-breaking spree as renewed FII buying interest coupled with moderating domestic inflation has raised hopes of a rate cut by this year-end.
"Although monsoon has made a steady start, investors are hoping for a pick-up in rain activity ove
Bharat Forge invests further USD 40 million in Bharat Forge America Inc. (18-06-2024)
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UFO Moviez India and Gofilex announces long term partnership (18-06-2024)
To provide electronic delivery of movies in India and Nepal
H.G. Infra Engineering to commence project of South Central Railway (18-06-2024)
Appointed date for project declared as 22 June 2024
Jubilant Pharmova’s contract manufacturing unit in Montreal concludes USFDA audit (18-06-2024)
With 15 observations
Radico Khaitan to launch Rampur Asava Indian Single Malt Whisky in India (18-06-2024)
Initially starting with Uttar Pradesh this June, where Rampur Asava Indian Single Malt Whisky will be priced at Rs. 10000, the Company will expand the launch in other prominent states such as Delhi, Chandigarh, Punjab, Uttarakhand, Haryana, Telangana, and Goa throughout the fiscal year, including introduction in the CSD (Canteen Store Department).
Alembic Pharmaceuticals receives USFDA approval for Dabigatran Etexilate Capsules (18-06-2024)
Alembic Pharmaceuticals (Alembic) today announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Dabigatran Etexilate Capsules, 75 mg and 150 mg and Tentative approval for Dabigatran Etexilate Capsules, 110 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Pradaxa Capsules, 75 mg, 110 mg, and 150 mg of Boehringer Ingelheim Pharmaceuticals, Inc. (Boehringer).