New Delhi [India], May 26: Leading Utility Token YES WORLD is now available for trading on the leading centralized exchange – LaToken. LaToken is a prominent exchange in South Asian countries and with this listing, YES World Token is going to make major inroads for people to acquire their favourite cryptocurrency. YES WORLD is also available on other crypto exchanges like XT.com, Coinsbit.io, CoinsTiger, as well as Pancakeswap decentralized change.
Posts in category Business Standard
GlobalVox announces launch of its new venture – TheBlockchainTeam – a unit which focuses only on blockchain and web3.0 projects (25-05-2023)
New Delhi [India], May 25: GlobalVox LLC, a software development and consultation company based out of the United States announces launch of its new business vertical – TheBlockchainTeam (TBT). GlobalVox LLC is present in the United States (Virginia & Florida), India, UK and very soon setting up an office in Europe. TheBlockchainTeam will be setup as an independent company in UAE or Europe.
Sebi bans 3 entities for unregistered investment advisory services (25-05-2023)
Capital markets regulator Sebi on Thursday barred three entities, including Investocare Financial Research, from the securities markets for varying periods for providing unregistered investment advisory services.
An individual — Ramesh Babu — has been restrained for 2 years till the expiry of the period from the date of completion of refunds to investors, while Investocare and its proprietor Ravish Kandhari were debarred for one year from the securities markets.
The markets watchdog has also asked Ramesh Babu to refund investors’ money collected through unregistered investment advisory services within three months.
As per Sebi, Investocare and its proprietor provided advisory services without holding the mandatory certificate of registration by the market regulator.
Ramesh Babu had received Rs 60.94 lakh in his account from November 2015 to July 2021, for the investment advisory services provided by Investocare, thereby violating the provisions of IA (Investment Advisers) rules,
Sebi releases model tripartite with respect to share transfer agent change (25-05-2023)
Markets regulator Sebi on Thursday came out with a model tripartite agreement for the issuer company, existing share transfer agent and new share transfer agent.
Under Sebi norms, in case of any change or appointment of a new share transfer agent, the listed entity should enter into a tripartite agreement. The pact has to be signed by the existing transfer agent, the new share transfer agent and the listed entity.
In this regard, the watchdog has come out with a “model tripartite agreement has been prepared in consultation with Registrar Association of India (RAIN) and some issuer companies”.
According to a circular, Registrar and Share Transfer Agents (RTAs) and listed companies have been asked to publish the format of the tripartite agreement on their respective websites.
RTAs have been advised to submit compliance with the direction by June 1, along with the link of their websites containing the format of the tripartite agreement.
They have also been asked to make necessary …
Chinese firms fuel Fentanyl drug abuse epidemic, earn millions in crypto (25-05-2023)
As countries like India struggle with the growing menace of drugs, crypto has emerged as a culprit as two separate reports by Blockchain research firms have revealed that Chinese chemicals companies
Reforms galore, index annual returns in line with the long-term trend (25-05-2023)
The returns are also below the previous Manmohan Singh-led United Progressive Alliance (UPA) government
Stock of this aerospace & defense company has zoomed 93% thus far in 2023 (25-05-2023)
Zen Technologies rallied 9% to hit a new high of Rs 354.90 on the BSE in Thursday’s intra-day trade after its board approved allotment of over 4 million shares to investors on conversion of CCDs
Elecon Engg hits new high on positive outlook; zooms over 2900% in 3 years (25-05-2023)
The company said growth outlook for gears and MHE segments remains positive on the back of strong demand from end user industries.
Zomato surges 36% in two months on improved operational performance (25-05-2023)
Management expects sequential GOV growth to be in a high single digit in Q1FY24, on the back of green shoots of recovery since February, 2023.
Star Cement surges 9% on heavy volumes; nears 4-year high (25-05-2023)
Enhanced capacity utilisation, backed by the government’s thrust on infrastructure development in the NER and better pricing power would enable Star to register revenue and earnings by going forward