Posts in category Business Standard
Hardwyn India standalone net profit rises 25.69% in the December 2023 quarter (15-02-2024)
Sales rise 0.98% to Rs 35.06 crore
Indo US Bio-Tech standalone net profit rises 168.61% in the December 2023 quarter (15-02-2024)
Sales rise 42.65% to Rs 22.11 crore
Sebi considering mandatory registration of PMS distributors with APMI (15-02-2024)
Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers' clients.
The proposals are aimed at promoting ease of doing business initiatives for portfolio managers.
This came after the Finance Minister in the Budget announcements for the financial year 2023-24 made an announcement to simplify, ease, and reduce the cost of compliance for participants in the financial sector through a consultative approach.
In its consultation paper, the regulator proposed making registration with APMI mandatory for PMS (Portfolio Manager Services) distributors.
The recommendation is in line with the practice already being followed in the mutual fund industry, wherein, mutual funds distributors are required to register with the Association of Mutual Funds in India (AMFI) and obtain an ARN (AM
KPI Green Energy Ltd leads losers in ‘A’ group (15-02-2024)
Rajesh Exports Ltd, One 97 Communications Ltd, Zee Entertainment Enterprises Ltd and Narayana Hrudayalaya Ltd are among the other losers in the BSE's 'A' group today, 15 February 2024.
Venus Remedies Ltd leads losers in ‘B’ group (15-02-2024)
Maan Aluminium Ltd, Sandur Manganese & Iron Ores Ltd, Welspun Investments & Commercials Ltd and Roto Pumps Ltd are among the other losers in the BSE's 'B' group today, 15 February 2024.
GSPL jumps as Q3 PAT climbs 53% YoY to Rs 262 cr (15-02-2024)
Gujarat State Petronet (GSPL) rallied 6.97% to Rs 378.50 after the company reported 53.47% jump in standalone net profit to Rs 262.18 crore on 37.73% increase in net sales to Rs 554.24 crore in Q3 FY24 over Q3 FY23.
Barometers trade with decent gains; Auto stocks rally for 3rd day (15-02-2024)
At 13:26 IST, the barometer index, the S&P BSE Sensex, was advanced 171.81 points or 0.24% to 71,994.64. The Nifty 50 index added 53.45 points or 0.24% to 21,893.50
Volumes soar at Vedanta Ltd counter (15-02-2024)
Vedanta Ltd clocked volume of 1006.42 lakh shares by 14:14 IST on NSE, a 12.3 times surge over two-week average daily volume of 81.80 lakh shares
Bharti Airtel launches four new stores in Cochin (15-02-2024)
Designed around the theme of creating excellence and winning customers for life, these neighborhood stores will display the entire range of Airtel's offerings including Xstream, Xsafe, 5G Plus etc. With a vision to deliver unparalleled service experience, the store-staff, referred to as 'Airtel Friends' are trained to address and resolve customer queries across all of Airtel's portfolio including mobile, broadband and DTH.
India’s Trade Deficit Narrows To $17.49 Billion In January (15-02-2024)
The merchandise trade deficit stood at $19.80 billion in December 2023.