Posts in category Business Standard
Market under pressure; metal shares slip (28-02-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, dropped 488.13 points or 0.67% to 72,607.09. The Nifty 50 index declined 162.05 points or 0.73% to 22,036.30.
Volumes spurt at Rainbow Childrens Medicare Ltd counter (28-02-2024)
Rainbow Childrens Medicare Ltd registered volume of 22.37 lakh shares by 14:14 IST on NSE, a 23.07 fold spurt over two-week average daily volume of 96972 shares
SEBI comes up with paper on proposals to improve ease of doing business with respect to additional disclosure framework for FPIs (28-02-2024)
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Japan: Market falls on profit booking (28-02-2024)
The 225-issue Nikkei Stock Average index declined 31.49 points, or 0.08%, to finish at 39,208.03. The broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 3.51 points, 0.13%, to 2,674.95
Sebi mulls relaxing enhanced disclosure framework for certain FPIs (28-02-2024)
Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business.
In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements.
Additionally, it proposed exempting funds with concentrated holdings in entities without a promoter group, where there is no risk of breaching Minimum Public Shareholding (MPS) requirements, from enhanced reporting obligations.
The Securities and Exchange Board of India (Sebi) has sought comments till March 8 from the public on the proposals.
This came after Sebi, in August last year, mandated FPIs to disclose detailed information about entities holding any ownership, economic interest, or control in them, without any threshold.
This granular disclosure framework required for FPIs meeting either o
Patanjali Foods sheds 5% on SC notice to promoter firm for misleading advts (28-02-2024)
The Supreme Court on Tuesday issued a contempt notice to Patanjali Ayurved and its MD Acharya Balakrishna for flouting earlier orders by continuing to propagate misleading claims via advertisements.
Real Estate stocks edge lower (28-02-2024)
Real Estate stocks were trading in red, with the S&P BSE Realty Index index decreasing 183.43 points or 2.5% at 7154.07 at 13:46 IST.
Utilties stocks edge lower (28-02-2024)
Utilties stocks were trading in red, with the S&P BSE Utilities index decreasing 123.3 points or 2.22% at 5430.23 at 13:46 IST.
Power stocks edge lower (28-02-2024)
Power stocks were trading in red, with the S&P BSE Power index decreasing 120.77 points or 1.81% at 6559.92 at 13:46 IST.
Balaxi Pharma edges higher after board approves stock split proposal (28-02-2024)
Balaxi Pharmaceuticals added 1.10% to Rs 626.75 after the company said that its board has approved the proposal for sub-division/ split of equity shares of the company in the ratio of 1:5.