A total of 66,631 shares changed hands on the counter till 12:43PM (IST)
Rites bags order worth $4.28 mln from Tsiko Africa Logistics (01-10-2024)
Rites announced that it has received letter of award (LoA) from Tsiko Africa Logistics (Pty) for the supply and commissioning of an overhaul in-service cape gauge 3100 HP and diesel-electric locomotive.
Unichem Laboratories up 5% on pact with Ipca Labs’ arm Bayshore Pharma (01-10-2024)
Unichem Labs share price: Unichem Laboratories’ board has approved asset purchase agreement with Bayshore Pharmaceuticals
Sebi to take measure for F&O segment soon; calls for tax breaks on bonds (01-10-2024)
Capital markets regulator Sebi is expected to take measures regarding the Futures and Options (F&O) segment very soon, in a bid to enhance investor protection, its senior official said on Tuesday.
In addition, Sebi has urged the government to introduce tax breaks for subscribers of municipal bonds, which are crucial for funding infrastructure development.
The regulator will make a case for a tax break for municipal bonds during a meeting with the finance commission, the regulator’s whole time member Ashwani Bhatia said here.
Since 1997, municipalities have raised Rs 2,700 crore through bonds for infrastructure projects.
Talking about F&O, Bhatia said,” Sebi is very soon going to do something about F&O. Study has come (recently)”.
The regulator, in its consultation paper recently, proposed seven measures to tighten the rules for index derivatives– revise the minimum contract size and require upfront collection of option premiums intra-day monitoring of position limits, …
Chola Inv Finance shares down 1.39% as Nifty drops (01-10-2024)
A total of 7,722 shares changed hands on the counter till 12:36PM (IST).
US dollar sedated around 100.60 mark as yesterday’s strength fails to sustain (01-10-2024)
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Barometers trade in sideways; Realty shares decline for 3rd day (01-10-2024)
At 12:25 IST, the barometer index, the S&P BSE Sensex, advanced 14.11 points or 0.02% to 84,313.89. The Nifty 50 index fell 8.60 points or 0.03% to 25,802.25.
Consumer spending patterns reshaping auto sector: Vijayaraghavan Swaminathan (01-10-2024)
Mid and small size companies in order to regain the market share, so they are also in the process of creating capacity. So, because of this market share protection mindset, both from larger companies and from the mid-size companies, so we are clearly in for a supply cycle.
Welspun Corp hits life high on bagging supply order from USA worth Rs 2,400 cr (01-10-2024)
Welspun Corp announced that it has received large order in the USA for supply of coated helical submerged arc welding (HSAW) pipes for a natural gas pipeline project.