Posts in category Business Standard
Stocks to Watch: Torrent Pharma, Cipla, TVS Supply Chain, Titan, AdaniTotal (23-08-2023)
Stocks to Watch on August 23, 2023: Torrent Pharma has joined the race to buy out Cipla's promoter stake held by the Hamied family, reported The Economic Times
Stock Market LIVE: Sensex gains 250 pts; Bank Nifty up 1%; Airtel, ITC down (23-08-2023)
Stock market LIVE updates: Broader markets continued to outperform frontline indices as Nifty Midcap 100 and Nifty Smallcap 100 indices surged 0.4 per cent each
Buy Tata Communications, India Glycols, recommends HDFC Securities (23-08-2023)
On the broader market outlook, Vinay Rajani the technical & derivative analyst says the Nifty may find a directional move on breakout from the 19,270-19,500 trading band.
Nifty IT index looks bullish, can rally up to 7%; FMCG may consolidate (23-08-2023)
According to Ravi Nathani, an independent technical analyst, the IT index could see a fresh wave of buying enthusiasm on clearing the minor resistance zone of 31,200-31,400.
Stationery maker Doms files draft papers for $145 mn IPO with Sebi (22-08-2023)
Milan-listed FILA Fabbrica Italiana Lapis ed Affini SpA, which holds a 51% stake in the company, is selling shares worth Rs 800 cr
Cryptocurrency exchange CoinDCX cuts staff by 12% as revenues hit by slump (22-08-2023)
Last year CoinDCX raised $135 million at a valuation of $2.2 bn from venture capital funds led by Pantera Capital and Steadview Capital Management LLC
BSE, NSE fines Rs 2 lakh each on Adani Green Energy for non-compliance (22-08-2023)
Adani Green Energy on Tuesday said BSE and National Stock Exchange have imposed a fine of Rs 2.24 lakh each on the company for certain non-compliance.
The fines have been imposed "for non-compliance with the requirements pertaining to the composition of the Board, including failure to appoint a woman director", the company stated in an exchange filing.
"BSE Ltd and the National Stock Exchange of India Ltd have, vide their letter dated August 21, 2023 (received by us at 8.00 pm and 9.00 pm, respectively), imposed a fine of Rs. 2,24,200 each on the Company...for certain non-compliance," the filing said.
Adani Green Energy said that the non-compliance has occurred due to untimely demise of a women director and the exit of an independent director.
Since then, the company has been running an extensive process of identifying potential independent directors who can fill these vacancies and is in advanced stage of discussions / finalisation.
The company remains committed to ensuring optim
BSE, NSE impose fines on DTH operator Dish TV over lack of board strength (22-08-2023)
Leading bourses BSE and National Stock Exchange have imposed penalties on DTH operator Dish TV over composition and lack of quorum for its Board meeting, according to a regulatory filing by the company.
The company which is facing a prolonged tussle between the Subhash Chandra-led promoter family and its earlier largest shareholder Yes Bank Ltd (YBL), said the fines amount to Rs 2.75 lakh.
The company has received the notices, imposing fines on August 21, 2023, said Dish TV in a regulatory filing on Tuesday adding "it will be making the payment of the fines and shall also be submitting waiver applications with the Stock Exchanges".
"The fines have been imposed on the Company for non-compliance of Regulation 17(1) and 17 (2A) of Listing Regulations, pertaining to the composition of the Board and quorum of Board meeting, for the quarter ended June 30, 2023," it said.
The non-compliance in respect to the reduction in the board strength was primarily on account of non-approval of ...
Sebi mulls body for administration, supervision of research analysts (22-08-2023)
Sebi has further proposed that the registration with this body will be mandatory as one of the eligibility criteria for seeking RA certification
Jio Financial continues to be put through wringer of selling pressure (22-08-2023)
Stock sheds Rs 16K cr in market value in two days; exclusion from Sensex, Nifty deferred