The combined market capitalisation of all BSE-listed firms stood at Rs 404 trillion
Posts in category Business Standard
Oil up on geopolitical tensions, gains curbed by fading Fed rate cut hopes (26-04-2024)
Brent crude futures were up 7 cents, or 0.08%, to $89.08 a barrel at 1109 ET (1509 GMT). U.S. West Texas Intermediate crude futures were up 6 cents, or 0.07%, to $83.63 a barrel
Board of Aditya Birla Sun Life AMC recommends final dividend (26-04-2024)
Of Rs 13.5 per share
Alphabet, Microsoft earnings show hefty AI bets are driving growth (26-04-2024)
After pouring billions of dollars into the infrastructure needed to support AI applications, both Alphabet and Microsoft reported that their quarterly revenue growth was outpacing expectations
Adani Global acquires 49% stake in Adani Esyasoft Smart Solutions, Abu Dhabi (26-04-2024)
AESSL is engaged interalia, in the business of developing smart solutions
such as smart metering software, load forecasting, revenue maximization and other efficiency based software products and solutions for utilities both in India and globally. The objective of this transaction is to support captive requirements to build smart metering solutions and also extend the same globally to other sectors as well.
BSE likely to shell out more as regulatory fee on options volume (26-04-2024)
The market regulator on Friday directed the exchange to pay regulatory fee on ‘notional value’ of annual turnover
Four entities pay Rs 3 crore to settle front running trade case with Sebi (26-04-2024)
Four entities, including Maxgrow Fintrade, have settled with markets regulator Sebi a case concerning the suspected front-running of trades by paying nearly Rs 3 crore towards settlement charges and agreeing to comply with other conditions.
The other three entities that settled the case with the Securities and Exchange Board of India (Sebi) are Bhavin Pankaj Doshi, Nitesh Kumar Jain and Atish Shah.
Apart from the settlement amount, the Sebi’s committee formulated other conditions to settle the case. These included disgorgement of ‘unlawful gain’ of Rs 85.12 lakh to be paid jointly and severally along with voluntary debarment for a period of six months from the securities market by each applicant.
The order came after entities filed an application with Sebi in May 2023 proposing to settle the suspected front-running activities by Maxgrow Fintrade and Bhavin Pankaj Doshi case through a settlement order “without admitting or denying the findings of fact”.
“It is hereby ordered that th
Board of Aditya Birla Sun Life AMC accepts resignation of KMP and SMP (26-04-2024)
At meeting held on 26 April 2024
Jubilant Foodworks receives credit ratings from India Ratings and Research (26-04-2024)
Term Loan (Rs 200 crore) – IND AA+/Stable (Affirmed)
Proposed workinq Capital limit (Rs 100 crore) – IND AA+/Stable/ IND A 1 + (Affirmed)
Term Loan (Rs 110 crore) – IND AA+/Stable (Assiqned)
Proposed working capital limit (Rs 140 crore) – IND AA+/Stable/IND A1+ (Assiqned)
State Bank of India selects HCLSoftware for its digital transformation program (26-04-2024)
As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank’s diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other
stringent security requirements.