In the light of reduction in transaction charges, its worth noting that transaction charges make up only 26% of CDSL’s total revenue. While it is significant, it is not anything that wont get offset with increasing userbase every month. Additionally, CDSL is also looking into new businesses too which may start adding to top line in few quarters,
Her exit, planned for early next year, is a seismic shift for NBC and opens up a pair of morning TV’s most coveted anchor chairs.
Markets regulator Sebi has notified rules allowing companies to delist shares through a fixed price mechanism as an alternative to the reverse book building process, a move aimed at facilitating ease of doing business for listed firms.
Under the Reverse Book Building (RBB) process, a firm planning to delist its shares from the stock exchange needs to initiate the process by making a public announcement. The rules mandated a minimum floor price for the delisting offer.
Further, shareholders of the company place offers to sell their securities back to the promoters or large shareholders under the process.
In its notification on Wednesday, Sebi introduced the fixed price process as an alternative to the RBB process for delisting of companies whose shares are frequently traded.
The fixed price offered by an acquirer would be at least 15 per cent premium over the floor price.
Additionally, the regulator has provided modification of the counter-offer mechanism in case of delisting throu
Rajya Sabha member Swati Maliwal criticised former Delhi Chief Minister Arvind Kejriwal for allegedly protecting his aide Bibhav Kumar, accused of assaulting her. Maliwal condemned Kejriwal’s actions and questioned his accountability, highlighting the ongoing tensions within the Aam Aadmi Party and raising concerns about the treatment of women in politics.
The risk with Infrastructure Companies is very clearly explained by Sandeep Singh:
100% of infrastructure NPAs (including many large companies which went belly up) in 2013-2018 era were
Not because they didn’t have enough orders / business
But solely because they had too many orders and any execution slippage or delays …their balance sheet couldn’t handle
On 25 September 2024
More high-level departures caught some at the high-flying A.I. start-up off guard, as the company seeks to raise billions to fund its operations and ambitious goals.
Domestic equity barometers continued their upward trend on Thursday. The benchmark indices, Nifty 50 and Sensex, hit record highs, buoyed by positive global cues and strong domestic liquidity. The day started on a relatively flat note, but buying across various sectors propelled the indices to new milestones. The Nifty 50 crossed the 26,200 mark, forming a bullish Marubozu candlestick pattern on the daily chart, indicating strong bullish sentiment. Auto and metal shares were among the top performers, while consumer durables and healthcare shares faced some selling pressure. While domestic factors were largely supportive, global markets also played a role in driving the rally.
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