SEBI Special aucction in October can trigger the valuation for Holding companies like BBTC. Acction will give more Liquidity to the Holding companies which are been trading at huge discount as compared to Global peers .
MUDA ‘scam’ row: Lokayukta files FIR against Karnataka CM Siddaramaiah, BJP demands his resignation (27-09-2024)
The Lokayukta Police in Mysuru have registered an FIR against Karnataka CM Siddaramaiah and his wife Parvathy for allegedly unlawfully allotting 14 housing plots. The case follows a special court’s directive to investigate complaints from an activist. Siddaramaiah denies wrongdoing, while the BJP demands his resignation.
Abhishek Banerjee’s office files complaint against Kolkata Mayor’s OSD (27-09-2024)
Trinamool Congress MP Abhishek Banerjee’s office has filed a police complaint against Kalicharan Bandopadhyay, an officer on special duty to Kolkata Mayor Firhad Hakim, accusing him of extorting money in Banerjee’s name. The complaint was lodged at Shakespeare Sarani Police Station. Mayor Hakim stated he will investigate the matter, while opposition parties highlighted corruption concerns.
Union Minister Kumaraswamy questioned by Karnataka Lokayukta police in land denotification case (27-09-2024)
JD(S) leader and Union Minister H D Kumaraswamy appeared before the Lokayukta police for questioning in a land denotification case. The Congress in Karnataka has urged the Lokayukta to expedite its probe against Kumaraswamy and former CM B S Yediyurappa. Kumaraswamy maintains his innocence, claiming no wrongdoing during his tenure.
ALLSEC Technology – BPO turnaround story (27-09-2024)
Company’s name changed rebranded as Alldigi tech by Quess corp
Third eye: Festival dilemma for election calendar, labour’ing hard to boost ties & laddoos first, meeting later (27-09-2024)
The Election Commission faces a challenge in scheduling polls for Jharkhand and Maharashtra due to several festivals in October. Meanwhile, Congress leaders attended the Labour Party’s national conference in the UK to strengthen ties. Andhra Pradesh’s deputy chief minister missed a national conference due to the Tirupati laddoo controversy.
Bull therapy 101-thread for technical analysis with the fundamentals (27-09-2024)
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Haryana assembly elections: Farmers’protests could have been handled better, says Rao Inderjit Singh (27-09-2024)
Union minister Rao Inderjit Singh is campaigning vigorously for the Haryana assembly elections, promoting his daughter Arti Rao and other candidates he recommended. Singh, who switched from Congress to BJP in 2014, is seen as a potential CM candidate. He addresses farmer protests and BJP rebels contesting as Independents.
Tirupati laddoo row: Jagan Mohan Reddy cancels Tirumala visit, says permission denied (27-09-2024)
The political controversy over the alleged adulteration of ghee in Tirupati laddoos escalated as YSRCP chief Jagan Mohan Reddy canceled his Tirumala temple visit, claiming he was denied permission. Andhra Pradesh CM Chandrababu Naidu refuted this, accusing Reddy of spreading falsehoods and asserting that all visitors must follow temple traditions.
BSE (Bombay Stock Exchange)- Bet on Financialization? (27-09-2024)
Leading stock exchanges BSE and NSE on Friday revised their transaction fees for cash and futures and options trades after markets regulator Sebi mandated a uniform flat fee structure for all members of market infrastructure institutions.
The revised rates will be applicable from October 1, the exchanges said in separate circulars.
BSE has revised the transaction fees for Sensex and Bankex options contracts in the equity derivatives segment to Rs 3,250 per crore of premium turnover.
However, the transaction charges for other contracts in the equity derivatives segment remain unchanged.
For Sensex 50 options and stock options, BSE charges a transaction fee of Rs 500 per crore of premium turnover, with no transaction fee applicable for index and stock futures.
According to NSE, the transaction fee for the cash market will be Rs 2.97 per lakh of traded value.
For equity futures, the fee will be Rs 1.73 per lakh of traded value, while for equity options, it will be Rs 35.03 per lakh of premium value