Posts in category Business Standard
Sebi board to discuss changes on delisting at next meeting, says Buch (16-11-2023)
Sebi chairperson Madhabi Puri Buch on Thursday said the markets regulator's board will be discussing potential changes on delisting at its next meeting.
Addressing an event organised by industry body Ficci, Buch said the Sebi management will also table changes on insider trading norms before the board either in December or January.
"There was a popular belief that we will never review the delisting regulations and we will always stay with the reverse book building process. We have a consultation paper that was floated, we have got a lot of feedback and at the next board meeting we are taking that proposal to our board," Buch said.
Similarly, she said it was widely believed that Sebi is "very dogmatic about insider trading" but the regulator has initiated a relook into the same by initiating consultation.
All these are part of efforts to "eschew dogma", Buch said, adding that Sebi is focusing on data and backtesting the data to drive regulations. She said the regulator is fine delay
TCS surges 4%; sets Nov 25 as record date for Rs 17,000-crore buyback issue (16-11-2023)
The company will buy back up to 40.9 million shares for Rs 4,150 apiece through the tender offer route
Welspun Corp scales new peak on future growth plans; up 200% in 9 months (16-11-2023)
So far in November alone, the stock has rallied 29 per cent as against around 3 per cent gain on the Sensex.
Bajaj Fin falls 4% as RBI bars lending under eCOM, Insta EMI Card schemes (16-11-2023)
Bajaj Finance stated that it is already issuing key fact statements (KFS) for the loans booked under the two lending products
Tata Technologies IPO opens Nov 22, price band set at Rs 475-500 per share (16-11-2023)
The maiden public issue will open for public subscription on November 22 and conclude on November 24. The anchor book of the offer will be opened for a day on November 21
Tata Technologies sets Rs 475-500 as price band for Rs 3,043-crore IPO (16-11-2023)
According to reports, the price is about about 47 per cent lower than its price in the unlisted market where the stock currently trades at Rs 950 per share
Gold steadies amid firm dollar, countering expectations on peak US rates (16-11-2023)
The market was certain the U.S. central bank will leave rates unchanged in December, with most traders eyeing rate cuts from May 2024.
Oil prices fall on big US crude stock build, Asian fuel demand worries (16-11-2023)
Brent futures fell 28 cents to $80.90 a barrel by 0001 GMT. U.S. West Texas Intermediate crude (WTI) lost 31 cents to $76.35 a barrel.
Stocks to Watch today, Nov 16: TCS, Bajaj Fin, RateGain, ONGC, Dabur, Paytm (16-11-2023)
Stocks to Watch on Thursday, November 16, 2023: The RBI has asked Bajaj Finance to stop sanctioning and disbursal of loans under 'eCOM' and 'Insta EMI Card' segments with immediate effect
Gold price rises Rs 440 to Rs 61,040, silver jumps Rs 1,700 to Rs 74,700 (16-11-2023)
The price of 22-carat gold rose Rs 400, with the yellow metal selling at Rs 55,950