Posts in category Business Standard
Singer India launches new 3-in-1 wi-fi enabled sewing machine (24-05-2024)
SE9185 boasts of mySewnet mobile app, which allows for monitoring of designs, receiving updates on progress and even thread levels. The machine features a 7-inch touchscreen and with Wi-Fi connectivity, users can access 250 built-in stitches, four sewing fonts, and seven types of one-step buttonholes. The machine resume designs in case of a power outage. It includes multiple built-in designs, featuring interesting
and new patterns such as birds, tigers, bees, cameras, heels, margaritas, paws, and lipsticks.
Tata Steel receives NCLT approval for scheme of amalgamation (24-05-2024)
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Board of Bosch approves sale of its OR/ OES Diagnosis Biz (24-05-2024)
At meeting held on 24 May 2024
Board of Happy Forgings approves issuance of corporate guarantee for subsidiary (24-05-2024)
At meeting held on 24 May 2024
Ashok Leyland allots 1 lakh equity shares under ESOP (24-05-2024)
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Sebi launches audio-visual representation of public issues’ disclosures (24-05-2024)
Markets watchdog Sebi on Friday decided to introduce audio-visual (AV) representation of disclosures made by companies in their offer documents for public issues, a move that will help investors have an easier understanding about the key features of an offer.
Such AV will be prepared and placed in the public domain for all main board public issues. The same will initially be in bilingual format -- English and Hindi.
This framework will be applicable to all DRHP filed with Sebi on or after July 1 on voluntary basis and from October 1 onwards on mandatory basis, the regulator said in a circular.
It is expected that the AV will provide ease in understanding the salient features and also provide reference to various disclosures of the proposed public issue.
"It has been decided that salient disclosures made in the Draft Red Herring Prospectus (DRHP), Red Herring Prospectus (RHP) and Price Band Advertisement for public issues shall also be made available in Audio Visual format (AV) for
Abirami Financial Services (India) standalone net profit rises 525.00% in the March 2024 quarter (24-05-2024)
Reported sales nil
MPL Plastics standalone net profit rises 133.84% in the March 2024 quarter (24-05-2024)
Reported sales nil
Pix Transmission consolidated net profit rises 27.91% in the March 2024 quarter (24-05-2024)
Sales decline 4.11% to Rs 128.95 crore
Davangere Sugar Company standalone net profit declines 46.91% in the March 2024 quarter (24-05-2024)
Sales decline 27.87% to Rs 63.57 crore