Posts in category Business Standard
Sebi must act in public interest: HC raps body order non-compliance (01-12-2023)
The Securities and Exchange Board of India is required to act in the public interest, the Bombay High Court said on Friday castigating the regulatory body for not complying with an order passed by the court in October.
A division bench of Justices G S Kulkarni and Jitendra Jain said such an approach by the SEBI would cause a dent in the confidence reposed in the public body by investors.
The HC had in October directed the SEBI to provide certain probe documents to the minority shareholders of a company. The company and the SEBI challenged this order in the Supreme Court, which dismissed the appeals in November.
The petitioners are minority shareholders of Bharat Nidhi Limited and had made various complaints to SEBI accusing the company of violation of securities laws.
The SEBI had then initiated investigations into the same, issued a show cause notice to the company and later passed a settlement order, which has now been revoked.
The petitioners' case is that neither the investiga
Nifty hits new all-time high: Here’s a look at stocks that drove the rally (01-12-2023)
Nifty hits fresh record high: Since September 15, automobile and energy linked stocks have outperformed the markets
India home prices to outstrip inflation, driven by high end of market: Poll (01-12-2023)
The survey predicted home prices in large urban centres Mumbai, Delhi and Bengaluru rising 6.0%, 7.0% and 7.0% next year, respectively
Flair Writing makes strong debut, lists at 65% premium over its issue price (01-12-2023)
The stock listed at Rs 503 on the BSE and at Rs 501 on the NSE. The issue price was Rs 304 per share
ITD Cementation soars 13% on Rs 1,001 crore order-win; zooms 54% in 1 month (01-12-2023)
The company has secured a contract for civil and hydro-mechanical works of 500 MW hydel power, pumped storage project worth approximately Rs 1,001 crore excluding GST in Andhra Pradesh
Gold price falls Rs 650 to Rs 62,730, silver unchanged at Rs 79,200 (01-12-2023)
The price of 22-carat gold climbed Rs 600, with the yellow metal selling at Rs 57,500
Sensex leaps 493 pts, Nifty ends at record closing high of 20,268 (01-12-2023)
Closing Bell on Friday, December 1, 2023: The Nifty 50 index scaled a new peak of 20,291.55 in the intraday trade
Stocks to Watch today: Flair Writing, UltraTech, Kesoram, Honasa, Whirlpool (01-12-2023)
Stocks to watch on Friday, December 01, 2023: Flair Writing to debut today. UltraTech and Kesoram in focus post all-stock merger deal.
Global stock index rises as dollar, bond yields climb with rates in focus (01-12-2023)
The dollar gained as investors took profits on bets it would weaken further and shrugged off economic data suggesting the Fed could be done hiking rates
Bharat Forge option trading strategy: Deploy a bull spread for Dec expiry (01-12-2023)
Nandish Shah of HDFC Securities recommends to Buy Bharat Forge 1130 CALL and simultaneously sell 1180 CALL of the November series.