Posts in category Business Standard
Kalyani Steels zooms 20% on winning bid for Kamineni Steel & Power assets (11-01-2024)
Kalyani Steels was declared as successful bidder for acquisition of assets of Kamineni Steel & Power India Private Limited (In Liquidation) for a cash consideration of Rs 450 crore.
Polycab tanks 23% as I-T dept finds Rs 1,000-crore as unaccounted sales (11-01-2024)
Polycab India, on its part, denied any rumours of tax evasion by the company
Bitcoin at 21-month-high as US SEC approves Bitcoin ETF from heavyweights (11-01-2024)
After the announcement, Bitcoin briefly touched $47,600, the highest since December 2021, before cooling down to $46,600 for the first time since April 2022
Stocks to Watch: SpiceJet, Adani Green, Aster DM, Polycab, Bank of India (11-01-2024)
Stocks to Watch on January 11, 2024: SpiceJet plans to raise Rs 2,250 crore through a preferential issue of shares and warrants to reduce its debt burden
Gold prices unchanged, silver falls Rs 600, trading at Rs 76,000/kg (11-01-2024)
The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 57,700.
US SEC authorises Bitcoin-spot ETFs in cryptocurrencies’ breakthrough (11-01-2024)
The approvals mark a rare capitulation by the SEC following opposition that lasted for more than a decade, ever since Tyler and Cameron Winklevoss first proposed a Bitcoin ETF in 2013.
Stock Market LIVE: Sensex up 100 pts, Nifty holds 21,650; 2-wheelers rally (11-01-2024)
Stock market Update on Thursday, January 11: In the broader market, the BSE MidCap and SmallCap indices advanced over 0.6 per cent each. Polycab hit the 15 per cent lower circuit.
Sebi moots addl proposals on REITS, InvITs issuing subordinate units (10-01-2024)
Sebi on Wednesday proposed limiting the number of subordinate units that can be issued by REITs and InvITs as well as ensuring uniformity in the granted rights of such units.
Sebi, in a consultation paper issued on Wednesday, has also made suggestions related to changes in terms and conditions of the subordinate units by the Real Estate Investment Trusts (REITs) or Infrastructure Investment Trusts (InvITs) post-issuance.
The consultation paper has additional proposals for the proposed framework for issuance of subordinate units by REITs and InvITs.
In December last year, Sebi had sought public comments on the framework for issuance of subordinate units by REITs and InvITs to sponsor, their associates and sponsor group.
The issuance of subordinate units is primarily intended to bridge the valuation gaps that may arise as a result of difference in the valuation of an asset perceived by the sponsor (asset transferor) and the REITs/ InvITs (and/or its investors/unitholders).
On the ..
SEC’s X account hacked to falsely say Bitcoin ETF approved: Report (10-01-2024)
The SEC's X account was compromised and a fake post claiming that the agency had green lit plans for the products fueled a brief surge in the price of the world's biggest cryptocurrency
A fourth of FPI inflows in 2023 went into primary markets, shows data (10-01-2024)
Data provided by depository NSDL revealed that Rs 44,950 crore of the total FPI flows last year went into primary issuances