Sales rise 3.31% to Rs 303.42 crore
Posts in category Business Standard
Stocks To Watch: HAL, Puravankara, Airtel, IRCTC, Indus Towers (13-09-2024)
Stocks to Watch: DIT’s acquisition of American Tower Corporation’s operations in India, has made it the largest mobile tower company in the country, ahead of Indus Towers.
Silver trading strategy today: Buying the dips recommended; key levels here (13-09-2024)
On Thursday, spot silver rallied to a nearly three-week high on Fed rate cut bets and firmer industrial commodities.
Gold trading strategy: Support seen at Rs 73,000; Resistance at Rs 75,200 (13-09-2024)
After consolidating in the $2470-$2530 range for nearly three weeks, spot gold rallied to a fresh record high of $2555 on Thursday.
Bull spread strategy recommended for Nifty Bank by HDFC Securities today (13-09-2024)
Short covering is seen in the Bank Nifty Futures, where we have seen 9 per cent fall in the open interest with Bank Nifty rising by 1.49 per cent.
Sebi warns investors against fraudulent activities by unregistered entity (12-09-2024)
The National Stock Exchange (NSE) on Thursday warned investors regarding fraudulent activities perpetrated by an entity, Lazard Asset Management India.
The cautionary statement came after the exchange received a complaint against a WhatsApp group named “JO HAMBRO” luring investors with offers to buy shares at discounted prices after market hours. This group has allegedly collected money from retail investors under the garb of “Seat Trading Account”.
In this group, the entity –Lazzard Asset Management India– is misrepresenting itself as a registered stock broker with the Securities and Exchange Board of India (Sebi) using a forged registration certificate, the exchange said.
“We wish to clarify that no entity by the name of Lazzard Asset Management India is registered with Sebi as a stock broker. The forged Sebi registration certificate circulated in the WhatsApp group is entirely fabricated and illegitimate,” NSE said in a statement.
Accordingly, the bourse has cautioned …
Sebi asks exchanges, market infra institutions to ensure minimal data loss (12-09-2024)
Markets regulator Sebi on Thursday asked stock exchanges and other market infrastructure institutions (MIIs) to ensure that the Recovery Point Objective (RPO) — the maximum period for which data loss is tolerable due to a technical glitch or disruptions — is near zero.
In market parlance, a recovery point objective (RPO) of near zero means that an institution should aim for almost 100 per cent availability of their data and applications.
Further, MIIs need to have a documented methodology for data reconciliation when resuming operations from Disaster Recovery Site (DRS) or any other site as applicable, Sebi said in a circular.
Additionally, Sebi has asked MIIs — stock exchanges, clearing corporations and depositories- to collaborate in developing a standardized definition of ‘near zero data loss’ and submit the same to it after taking approval from their respective Standing Committee on Technology.
In addition to a Disaster Recovery Site, all stock exchanges, clearing …
Peak XV Partners, other PE funds sell 7.94% in Mamaearth for Rs 1,276 cr (12-09-2024)
PN Gadgil Jewellers’ IPO saw nearly 60 times more bids than shares on offer and attracted bids of more than Rs 48,100 crore
Liquidity galore in markets: Spotlight on IPOs in trillion-bid club (12-09-2024)
Bajaj Housing Finance IPO highlights history’s highest-bid public offerings
Western Carriers collects Rs 148 cr from anchor investors ahead of IPO (12-09-2024)
Out of the total allocation of 8.597 mn equity shares to anchor investors, 3.993 mn equity shares were allocated to 4 domestic mutual funds, which have applied through a total of 6 schemes