Posts in category Business Standard
Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases (11-04-2023)
Analysts said, the higher legroom will lead to an increase in the lender's weight in the MSCI India index, purchases worth close to a billion dollars of its stock
NSE’s IPO plan unapproved by Sebi until pending cases are resolved: Report (11-04-2023)
A delayed NSE IPO will test the patience of its core shareholders - banks, insurance companies and foreign funds - who have been waiting for an exit opportunity in rising markets
NSE’s IPO plan unapproved by Sebi until pending cases are resolved: Report (11-04-2023)
A delayed NSE IPO will test the patience of its core shareholders - banks, insurance companies and foreign funds - who have been waiting for an exit opportunity in rising markets
Sebi resolves 2,838 complaints against firms via SCORES platform in March (11-04-2023)
A total of 2,838 complaints against companies and market intermediaries were disposed of through Sebi's SCORES platform in March.
At the beginning of March, as many as 2,241 complaints were pending and 2,643 fresh complaints were received during the month, the data released by Sebi on Monday showed.
The regulator also noted that as of March 2023, 13 complaints were pending for more than three months. These complaints were related to investment adviser, research analyst and takeover/ restructuring.
The average resolution time for a complaint was 29 days, it added.
In a separate public notice, Sebi mentioned eight entities against whom complaints have been pending for more than three months on SCORES as of March 2023.
These entities are Research Guru, Rajiv Kumar Singh (proprietor Elite Investment Advisory Services), Grovalue Financial Services, Ankur Jain, Wealth Factor, Kaushal Mehta, Nestra Capital and Brightcom Group Ltd.
SCORES is a grievance redressal system that was launche
NSE Indices launches India’s first REITs & InvITs index with six securities (11-04-2023)
Weights of securities to be based in their free-float market cap, exposure to a particular REIT or InvIT not to exceed 33%; aggregate weight of top-three securities capped at 72%
Torrent Power wins contract for 1,100 MW power supply; stock up 5% (11-04-2023)
Since February 1, the stock of the integrated power utilities company has rallied 26 per cent, as compared to 1 per cent rise in the S&P BSE Sensex
This stock has zoomed over 900% in 3 years, company to mull bonus issue (11-04-2023)
So far in the calendar year 2023, VSSL surged nearly 40 per cent after the company reported strong operational performance in Q3FY23, due to higher sales of value added products and cost optimisation
TCS Q4 Preview: Revenue may rise up to 18% YoY; EBIT margin seen at 25% (11-04-2023)
Brokerages expect TCS deal wins to be strong in a broad range of $7-10 billion in Q4, while hiring is likely to be muted
ITC hits new high on hopes of solid Q4 show; Market-cap nears Rs 5-trn mark (11-04-2023)
The consistent good growth in the cigarette business, strong tailwinds in the hotel business and scale-up in non-cigarette FMCG business makes its earning visibility better compared with peers.
Hindenburg effect: Retail investors are snapping up Adani group’s stocks (11-04-2023)
Adani Group has sold stakes and conducted road shows to calm investors since Hindenburg made allegations of accounting fraud and share price manipulation against the group