Posts in category Business Standard
Stocks to Watch today, Sep 27: Infy, HealthCare Global, Suzlon, Century Tex (27-09-2023)
Stocks to watch on Wednesday, September 27, 2023: Shares of SignatureGlobal (India) and Sai Silk (Kalamandir) to debut on the bourses today.
Buy the dips in Nifty FMCG, Financials; here’s why (27-09-2023)
According to Ravi Nathani, an independent technical analyst, the 'buy the dips' strategy seems particularly relevant in the current market conditions.
Chase UK will soon bar customers from making cryptocurrency transactions (26-09-2023)
Chase UK, JP Morgan's British digital bank, says it will bar customers from making cryptocurrency transactions starting next month citing an uptick in scams and fraud.
From October 16 onward, Chase customers will no longer be able to make crypto transactions using their debit card or through an outgoing bank transfer, the bank said Tuesday.
If we think you're making a payment related to crypto assets, we'll decline it, Chase said in an email to customers. If you'd still like to invest in crypto assets, you can try using a different bank or provider instead but please be cautious, as you may not be able to get the money back if the payment ends up being related to fraud or a scam.
In an email to The Associated Press, Chase said that Tuesday's decision was made to help keep customers and their money safe. The bank also pointed to increases in crypto fraud-related losses reported by UK regulators in the last year.
According to London-based law firm RPC, data from Britain's fraud ...
E Canna Coin Launched in Mumbai: Igniting India’s Digital Asset Revolution (26-09-2023)
Mumbai (Maharashtra) [India], September 26: In a landmark event held at the prestigious Red Bulb Studio in Andheri West, Mumbai, E Canna Coin, a trailblazing cryptocurrency enterprise, marked its highly anticipated debut. With a distinguished guest list, including top company figures, this event highlighted the profound impact E Canna Coin is poised to have on India's digital asset landscape and beyond.
E Canna Coin Launched in Mumbai: Igniting India’s Digital Asset Revolution (26-09-2023)
Mumbai (Maharashtra) [India], September 26: In a landmark event held at the prestigious Red Bulb Studio in Andheri West, Mumbai, E Canna Coin, a trailblazing cryptocurrency enterprise, marked its highly anticipated debut. With a distinguished guest list, including top company figures, this event highlighted the profound impact E Canna Coin is poised to have on India's digital asset landscape and beyond.
Centre sticks to market borrowing plan for H2FY24; introduces 50-year bond (26-09-2023)
To borrow Rs 6.55 trillion in second half
Kontor Space IPO kicks off on Wednesday, price band at Rs 93 per share (26-09-2023)
Kontor Space Ltd said it has set the price band for its Rs 15.62 crore initial share sale at Rs 93 apiece, which will open for public subscription on Wednesday.
The issue will conclude on October 3, and the shares will be listed on SME EMERGE platform of the National Stock Exchange (NSE), the company said in a statement on Monday.
The Initial Public Offering (IPO) consists of a fresh issuance of up to 16.80 lakh equity shares at a face value of Rs 10 each.
Proceeds from the issue will be utilised to make the payment of rental deposits of new co-working centres, capital expenditure for fit-outs of new co-working centres and for general corporate purposes.
Investors can bid for a minimum of 1,200 equity shares in the public issue and in multiples of 1,200 equity shares thereof, the company said.
"The capital from this IPO will empower us to expand and refine our services, ensuring we continue to meet the evolving needs of industry and our clients," Kanak Mangal, Promoter of Kontor S
Sebi extends deadline to add nominees for demat account holders till Dec 31 (26-09-2023)
Capital markets regulator Sebi on Tuesday extended the deadline by three months to December-end for existing demat account holders to provide choice of nomination or formally opt out of nomination through a declaration form.
Additionally, submission of 'choice of nomination' for trading accounts has been made voluntary by the regulator as a move towards ease of doing business.
Earlier, the deadline for existing eligible trading and demat account holders to provide a choice of nomination was on or before September 30.
The move is aimed at helping investors to secure their assets and pass them on to their legal heirs.
"Based on the representations received from the exchanges, depositories, brokers' associations and various other stakeholders, submission of 'choice of nomination' for trading accounts has been made voluntary as a step towards ease of doing business.
"With respect to demat accounts, it has been decided to extend the last date for submission of 'choice of nomination' to
Curbs imposed on companies may apply brakes on rising SME volumes (26-09-2023)
Market players said the curbs will clamp down on speculative activity and attract serious buyers
Govt bond yields reverse all losses on lower H2 borrowing speculation (26-09-2023)
Rupee ends close to all time low