Posts in category Business Standard
Nifty ends flat for 12th time in history, session closes at 22,302.5 (08-05-2024)
The last time this happened was on March 31, 2017, when Nifty closed at 9,173.75
Promoter pledging dips for 4th quarter due to rising market valuations (08-05-2024)
Among BSE 500 stocks, Max Financial Services, Eris Lifescience, Ashok Leyland, Jubilant Foodworks and Lloyd Metals saw an increase in promoter pledges
Promoter pledging dips for 4th quarter due to rising market valuations (08-05-2024)
Among BSE 500 stocks, Max Financial Services, Eris Lifescience, Ashok Leyland, Jubilant Foodworks and Lloyd Metals saw an increase in promoter pledges
Sebi bans Indus Weir Industries, directors from securities market for 3 yrs (08-05-2024)
Sebi on Wednesday barred 10 entities, including Indus Weir Industries, its directors from the securities market for three years for indulging in a fraudulent scheme of raising funds from investors by issuing preference shares without complying with the market norms.
Further, Sebi directed Indus Weir Industries Ltd (IWIL), its managing directors, Prince Rana and Anuresh to jointly and severally refund the money collected through the issue of RPS to the allottees along with an interest of 8 per cent per annum within five months.
Also, IWIL, Rana and Anuresh were restrained from accessing the capital market for three years till the date of refund of money to the allottees. In addition, Rana and Anuresh were barred by Sebi from associating themselves with any listed public company or any Sebi-registered intermediary for three years or till the date of refund of money to the allottees, whichever is later.
In its investigation, Sebi found that IWIL had mobilised funds from a large set of
FTX files new reorganisation plan, expects $14 bn-$16 bn for distribution (08-05-2024)
The company said the amended plan focuses on a series of settlements reached consensually with the key stakeholders including cases that are still subject to court approval
India Inc ‘surprised’ at PM Modi’s Adani-Ambani jibe at Rahul Gandhi (08-05-2024)
Stock market participants say the PM was just pointing to a conspicuous silence regarding big businesses on the part of Opposition parties
Mutual funds bet on ‘special’ opportunities as uncertainties loom (08-05-2024)
Two launches next week, one in the pipeline
Mutual funds sells G-sec to book profit after stocking up in April (08-05-2024)
The liquidity in the banking system was in a deficit of Rs 1.38 trillion on Tuesday, according to the latest data by the central bank
Dixon Tech, Indus Towers among top bets of insurance companies in April 2024 (08-05-2024)
Indian life insurance industry, excluding LIC of India, Nuvama said, commands an impressive aggregate equity assets under management (AUM) of nearly Rs 4.5 trillion, Nuvama said
Board of Larsen & Toubro approves change in nominee director (08-05-2024)
With effect from 08 May 2024