The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.
Posts tagged Rediff
Equity MFs Rake In Rs 38,239 Cr In Aug (11-09-2024)
‘The correction in the markets in the initial part of August provided investors a good buying opportunity.’
Tata Motors cuts prices of EVs by up to Rs 3 lakh (10-09-2024)
Tata Motors on Tuesday said it has reduced prices of its electric vehicle model range by up to Rs 3 lakh. The Mumbai-based automaker said it has reduced the price of Nexon EV by up to Rs 3 lakh, Punch EV by 1.2 lakh, and Tiago EV by Rs 40,000.
How Maruti plans to deliver Affordable Tech (10-09-2024)
The average car price in India has increased rapidly in the last 5-6 years due to new emission regulations and demand for more spacious and comfortable cars loaded with advanced technology.
Bids Between Rs 2 Tn-Rs 3 Tn For 4 IPOs (10-09-2024)
‘There is no irrational exuberance when it comes to mainboard IPOs.’ ‘Most issues are by good quality businesses.’
Sensex climbs 362 points on rally in US markets (10-09-2024)
Among the 30 Sensex firms, NTPC, HCL Technologies, Bharti Airtel, Tech Mahindra, Power Grid, Axis Bank, Tata Consultancy Services and Adani Ports were the biggest gainers. Bajaj Finserv, Bajaj Finance, Hindustan Unilever, Mahindra and Mahindra, Tata Motors and State Bank of India were among the laggards.
Ather Energy looks to raise Rs 3,100 cr (10-09-2024)
Electric two-wheeler (e2W) maker Ather Energy has submitted preliminary papers to the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the IPO will comprise a fresh issue of equity shares valued at Rs 3,100 crore, alongside an offer for sale of 22 million equity shares by its promoters and investor shareholders.
Govt dissolves Pronab Sen-led panel on statistics (10-09-2024)
With the dissolution of former chief statistician Pronab Sen-led Standing Committee on Statistics (SCoS) by the Ministry of Statistics and Programme Implementation (MoSPI), the National Statistical Commission (NSC) has regained prominence as the primary statistical body to address issues regarding results, methodology and questionnaire, among others. A MoSPI official in an email informed the 16-member SCoS about the decision to dissolve it, citing that its work was “overlapping” with that of the Steering Committee for National Sample Surveys (NSS), which was set up in June this year.
Not against sops on EVs, but its not my call: Gadkari (10-09-2024)
Days after saying that there is no need for subsidies to achieve greater penetration of electric vehicles (EVs), Union Minister of Road Transport and Highways Nitin Gadkari on Monday clarified that the view is his own, but any official call on EV subsidies is not one that he can take.
Street positive on cement stocks despite odds (10-09-2024)
Cement manufacturers have hiked prices after a challenging Q1FY25, and Q2FY25 (so far) when general elections and seasonal factors cut down on construction activity. The August prices are currently around 3-6 per cent above July 2024 but may not be sustainable in the face of weak demand. H2FY25 may see realisation growth which, if it happens, would drive average operating profit/tonne improvements in H2FY25 over a muted H1FY25.