Posts in category Business Standard
Nifty IT index likely to rebound, Nifty Auto may weaken; suggests charts (18-04-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty IT index is quoting close to its support range of 33,400 - 33,300, with key momentum oscillators in oversold zone.
Sebi orders to attach bank, demat account of Anugrah to recover dues (17-04-2024)
Markets regulator Sebi has ordered the attachment of bank and share and demat holdings of Anugrah Stock and Broking to recover Rs 1.22 crore dues in a case related to violation of market norms.
The recovery proceedings have been initiated against Anugrah Stock and Broking Pvt Ltd after it failed to pay the Rs 1.22 crore, including interest, all costs and expenses, the Securities and Exchange Board of India (Sebi) said in the attachment order on Tuesday.
In its notice, the markets watchdog asked all the banks, depositories and mutual funds not to allow any debit from accounts of Anugrah Stock and Broking. However, credits have been allowed.
Further, the regulator has directed all banks to attach all accounts, including lockers, of the defaulters.
In March 2021, Sebi passed an order and imposed a penalty of Rs 90 lakh on Anugrah Stock and Broking Pvt Ltd for violations of market norms.
The order follows a joint investigation carried out by Sebi, BSE, NSE and Central Depository Servi
Asian stock markets slide as Federal Reserve dithers on rate cuts (17-04-2024)
The MSCI Asia Pacific Index fell as much as 0.4% Wednesday before paring losses, with consumer discretionary and industrials among the biggest drags
Bitcoin briefly drops below $60,000 ahead of halving software adjustment (17-04-2024)
The original digital asset fell as much as 5% to $59,888, before paring the decline. Bitcoin has dropped by about 18% since it reached a record $73,797 on March 14
Board of ICICI Lombard General Insurance Co. recommends final dividend (17-04-2024)
Of Rs 6 per share
Fed Chair Powell’s US rates warning means headache for rest of the world (17-04-2024)
China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan
Tata Communications consolidated net profit declines 1.49% in the March 2024 quarter (17-04-2024)
Sales rise 24.58% to Rs 5691.70 crore
Jubilant Generics’ Roorkee unit clears USFDA inspection (17-04-2024)
Jubilant Pharmova's wholly owned subsidiary Jubilant Pharma, today announced that its subsidiary Jubilant Generics (JGL) received a communication from the USFDA through which the regulatory agency intimated that pursuant to its January 25 to February 2, 2024 audit of JGL's Solid dosage manufacturing facility at Roorkee, India, it has determined the inspection classification of the facility as Voluntary Action Indicated (VAI).
Ipca Laboratories hikes stake in Lyka Labs (17-04-2024)
Through conversion of warrants
Modest rise in net SIP inflows in FY24 owing to jump in redemptions by 54% (17-04-2024)
Net SIP inflows rise 4.9% even as gross collections rise 28%