A cruise missile launched from Houthi-controlled Yemen struck a commercial chemical tanker, causing a fire and damage but no casualties in the latest such attack to heighten safety risks for tankers
Posts in category Business Standard
UltraTech hits new high, nears Rs 10,000-mark; stock up 6% in two days (12-12-2023)
A sharp surge in the stock price has seen the market capitalisation of this Aditya Brila Group firm near the Rs 3 trillion mark, BSE data shows.
BNP Paribas sells retail broking arm Sharekhan To S Korea’s Mirae (12-12-2023)
Paris-headquartered BNP had acquired 100 per cent equity of Sharekhan from a clutch of investors in 2015
Gold prices dip Rs 220, silver falls Rs 200, trading at Rs 75,800 per kg (12-12-2023)
The price of 22-carat gold was down by Rs 200, with the yellow metal selling at Rs 56,950
Stocks to Watch: Sun Pharma, Infosys, Dixon, DLF, Mankind Pharma, SpiceJet (12-12-2023)
Stocks to watch on December 12, 2023: Sun Pharma has increased its offer price for acquiring remaining shares of Taro Pharma to $43 per share in cash, compared to $38 before
Sensex drops 378 pts, Nifty holds 20,900; realty, pharma slide; metals up (12-12-2023)
Closing Bell on December 12, 2023: Sun Pharma, Maruti Suzuki, Titan, NTPC, Reliance Industries, L&T, M&M, IndusInd Bank were some of the top large-cap losers
Rally in Nifty Pvt, PSU Bank indices may be topping out; check strategy (12-12-2023)
Traders are advised to exercise caution and secure profits in Nifty PSU Bank index on upward movements
Desperate retail investors drive India’s futures and options craze (12-12-2023)
The Securities and Exchange Board of India’s crackdown on social-media influencers peddling advice is a losing battle.
Sebi specifies process to follow for dematerialising units of AIFs (11-12-2023)
Capital markets regulator Sebi on Monday specified the process to be followed for dematerialising the units issued, in cases where investors are yet to provide demat account details to Alternative Investment Funds (AIFs).
Under the rules issued in June, AIFs with a corpus of Rs 500 crore or more were required to dematerialise all issued units by October 31, 2023.
Further, these AIFs will have to issue units only in dematerialised form from November 1, 2023, onwards.
Similarly, AIFs with less than Rs 500 crore corpus will have to dematerialise issued units by April 30, 2024, and issue only dematerialised units May 1 onwards.
The dematerialisation of AIF units is seen as a significant move towards digitisation, fostering transparency, and enabling effective monitoring of transactions in the financial landscape.
In a circular on Monday, Sebi said managers of AIFs will continue to reach out to existing investors to obtain their demat account details and credit the units issued to them
Sensex crosses 70,000 for the first time; mcap tops Rs 350 trillion (11-12-2023)
Benchmark indices shed early gains as investors await Fed decision