Sales rise 12.98% to Rs 94.99 crore
Posts in category Business Standard
Steel City Securities consolidated net profit rises 108.94% in the September 2024 quarter (31-10-2024)
Sales rise 21.43% to Rs 18.53 crore
SagarSoft (India) consolidated net profit declines 28.36% in the September 2024 quarter (31-10-2024)
Sales decline 0.96% to Rs 35.00 crore
KIOCL reports standalone net loss of Rs 69.21 crore in the September 2024 quarter (31-10-2024)
Sales decline 96.32% to Rs 15.86 crore
Gold climbs Rs 10, silver jumps Rs 100; precious metal trading at Rs 81,170 (31-10-2024)
The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 74,410
Nifty IT, Auto, Pharma show weakness on charts: Here’s what analysts say (31-10-2024)
The Nifty IT, Auto, and Pharma indices are all exhibiting short-term downtrends, and the technical indicators suggest limited upside potential
Sebi proposes measures to promote ease of doing biz for Small, Medium REITs (30-10-2024)
To facilitate ease of doing business for Small and Medium REITs (SM REITs), markets regulator Sebi on Wednesday proposed standardising disclosures in scheme offer documents and simplifying public issue processes for such schemes.
Additionally, the regulator proposed to align SM REIT (Real Estate Investment Trust) regulations with existing REIT norms.
The proposals aim to simplify regulations, promote transparency, and improve ease of doing business for SM REITs.
SM REITs were introduced in March 2024 to encourage smaller real estate investments and increase participation in the sector. These are similar to REITs but operate on a smaller scale with a minimum asset value of Rs 50 crore compared to Rs 500 crore for regular REITs.
SM REITs can set up special purpose vehicles (SPVs) to manage assets and are required to invest 95 per cent of assets in completed, revenue-generating properties and distribute 95 per cent of net income to investors quarterly.
In its consultation paper, Sebi
Sebi sends Rs 154.5 cr worth notices to RHFL’s promoter over fund diversion (30-10-2024)
Sebi on Wednesday sent demand notices to six entities, including Reliance Home Finance’s promoter entity, asking them to pay Rs 154.50 crore for diversion of funds from the company.
The regulator has warned these entities for attachment of assets and bank accounts if they fail to make the payment within 15 days.
Those who have been sent notices are Crest Logistics and Engineers Pvt Ltd (Now Known as CLE Pvt Ltd), Reliance Unicorn Enterprises Pvt Ltd, Reliance Exchange next Ltd, Reliance Commercial Finance Ltd, Reliance Business Broadcast News Holdings Ltd and Reliance Cleangen Ltd.
The demand notices came after these entities failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi) in August.
In six separate notices, the markets watchdog directed these six entities to pay Rs 25.75 crore each.
This includes interest and recovery costs within 15 days.
In the event of non-payment of dues, the market regulator will recover the amount by attaching an
Gold, silver ETF volumes up 5-fold in Dhanteras compared to last year (30-10-2024)
Gold and silver ETFs from Nippon India Mutual Fund, the largest in the category, alone recorded a combined volume of Rs 228 crore
Rs 11,327 cr IPO in sight, Swiggy projects quick commerce as future (30-10-2024)
Will surpass food delivery biz in 5 yrs, says CEO; announces India’s 6th biggest initial issue