Posts in category Business Standard
Nabard raises Rs 1,041 crore through India’s first social impact bond (26-09-2023)
State-run entity sets coupon of 7.63% on this issue
Sebi extends deadline demat a/c nomination; SBI MF promotes DP Singh (26-09-2023)
In March, the regulator had extended the deadline from March 31 to September 30
Nuvama Wealth Management makes NSE debut; stock settles at Rs 2,612 (26-09-2023)
The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions
Mid, smallcap rally to persist amid more inflows: DSP Mutual Fund’s Parekh (26-09-2023)
DSP Mutual Fund will also launch a smallcap fund this year to take advantage of the inflows to the segment, Parekh said
Submit documents in PACL case by Oct-end for refunds: Sebi to investors (26-09-2023)
A high-powered Sebi committee has asked investors in PACL group's illegal schemes with claims of up to Rs 19,000 to produce original documents by October 31 to receive refunds.
The panel has asked only those investors whose applications have been successfully verified to submit their original certificates.
The committee, headed by former Chief Justice of India RM Lodha, is overseeing the process of disposing of properties to refund investors after verifying their genuineness. It has already initiated the process of refund in phases. The panel was set up by Sebi in 2016 following a Supreme Court order.
The committee has decided to call for original PACL registration certificates from eligible investors with claims between Rs 17,001 and Rs 19,000, whose applications have been successfully verified, according to a statement published on Sebi's website on Monday.
Accordingly, intimation through SMS will be sent to all eligible investors, requiring them to submit original PACL registrat
Govt owned WAPCOS scraps IPO plans; withdrawal reasons not disclosed (26-09-2023)
Public sector firm WAPCOS Ltd has decided to shelve its plan for an Initial Public Offering (IPO), through which the government was looking to divest shares.
The maiden public issue was slated to be a complete Offer For Sale (OFS) of up to 32,500,000 equity shares by the promoter, Government of India.
The company had filed its preliminary papers for the proposed IPO on September 26, 2022 with the Securities and Exchange Board of India (Sebi).
However, the issue was withdrawn on September 21, 2023, an update with the markets regulator showed on Tuesday. The reasons for the withdrawal were not disclosed.
WAPCOS provides consultancy, and engineering, procurement and construction services in the field of water, power and infrastructure sectors. It comes under the Ministry of Jal Shakti.
Also, the company provides its services abroad, particularly in South Asia and across Africa in the fields of dam and reservoir engineering, irrigation and flood control.
The company's revenue from ..
Y-Combinator-backed Mudrex becomes FIU-registered crypto platform (26-09-2023)
Mudrex has become the third crypto platform to be registered with the FIU after WazirX and CoinDCX
SME stocks to come under additional surveillance, T2T framework: NSE (26-09-2023)
The process of identifying stocks moving to the TFT segment will be done fortnightly and stocks moving to and from the segment shall be on a quarterly basis
Apar Industries rallies 7% on fund raising plan; stock zooms 357% in 1 year (26-09-2023)
The board of directors of the company is scheduled to meet on Thursday, September 28, 2023 to consider fund raising plans
Delta Corp sinks 23% in 2 days post tax notice; Kacholia sells 0.6% equity (26-09-2023)
The stock was quoting at its lowest level since December 2020 after the company received a tax notice amounting to Rs 16,822 crore last Friday, September 22.