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All seven issues, which received the nod last week, are a combination of fresh issue and offer for sale

Updated On: 02 Dec 2024 | 10:43 PM IST

After declining 494 points, or 0.6 per cent, in opening trade, the Sensex ended the session at 80,248, gaining 445 points, or 0.6 per cent

Updated On: 02 Dec 2024 | 10:29 PM IST

The banana comes from a viral conceptual artwork, Comedian, comprised of the fruit duct-taped to a wall, which Sun bought in a Sotheby's auction last week

Updated On: 29 Nov 2024 | 11:49 PM IST

FIIs started withdrawing from the Indian equity market from September 25 - a day after the People's Bank of China introduced the monetary stimulus

Updated On: 28 Nov 2024 | 10:42 PM IST

K Raheja Investment Managers on Thursday settled with capital markets regulator Sebi a case on alleged violation of REIT rules by paying Rs 68.73 lakh towards settlement fee in the matter of Mindspace Business Parks REIT. K Raheja Investment Managers LLP (now known as K Raheja Corp Investment Managers Pvt Ltd) is the manager of Mindspace Business Parks REIT. Mindspace Business Parks REIT, sponsored by K Raheja Corp group, was listed on the Indian bourses in August 2020. It owns office portfolios in the Mumbai Region, Pune, Hyderabad, and Chennai. The settlement order came after the noticee (K Raheja Investment Managers LLP) proposed to settle the instant proceedings initiated against it, without "admitting or denying the findings of facts and conclusions of law". The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against K Raheja Investment Managers LLP for the alleged violation of the provisions of Sebi's REIT (Real Estate Investment Trusts) rules

Updated On: 28 Nov 2024 | 8:27 PM IST

Stock market crash: Indian bourses were facing a bear attack again on Thursday owing to a weakness in the global markets and after surging significantly in the first two sessions of the ongoing week

Updated On: 28 Nov 2024 | 7:20 PM IST

High valuations are the primary reason behind the correction in mid- and small-cap stocks

Updated On: 27 Nov 2024 | 11:15 PM IST

As per the current pattern of investment notified by the labour ministry in April 2015, retirement fund body can invest anywhere between 5 - 15 per cent of all its fresh accretions in equity markets

Updated On: 27 Nov 2024 | 10:58 PM IST

Here is the best of Business Standard's opinion pieces for today

Updated On: 26 Nov 2024 | 6:30 AM IST

HDFC Mutual Fund has launched the HDFC Nifty India Digital Index Fund, an open-ended scheme tracking the Nifty India Digital Index

Updated On: 25 Nov 2024 | 10:49 PM IST

The NSE Nifty topped the 24,300-level, and was up 350 points following BJP-led Mahayuti alliance landslide victory in Maharashtra elections. Index heavyweights SBI and RIL were the top gainers so far.

Updated On: 25 Nov 2024 | 3:50 PM IST

As persistent selling at higher levels continues, Chandan Taparia of Motilal Oswal believes a 'sell-on-bounce' trend is firmly in place at least for now.

Updated On: 23 Nov 2024 | 12:29 AM IST

In its pre-quarter update, Info Edge had already disclosed a 14.3 per cent Y-o-Y growth in standalone billings, highest in the last 6 quarters

Updated On: 23 Nov 2024 | 12:26 AM IST

Benchmarks register third-best day of this year

Updated On: 22 Nov 2024 | 11:38 PM IST

Sebi on Friday came out with guidelines to strengthen accountability and improve governance of stock exchanges and other market infrastructure institutions (MIIs) by asking them to resolve whistleblower complaints within 60 days of receipt. Additionally, Sebi asked MIIs, comprising stock exchanges, clearing corporations and depositories, to adopt RegTech (regulatory technologies) and SupTech (supervision technologies) for better regulatory and supervisory mechanisms. Also, the regulator outlined guidelines for back office vendors, public interest directors (PIDs) meetings, establishing a standard operating procedure for disciplinary actions against Key Management Personnel (KMPs), disclosure of board meeting agendas and minutes, quarterly reporting by the Compliance Officer and half-yearly reporting by the Chief Risk Officer. The new guidelines will become effective from April 1, the Securities and Exchange Board of India (Sebi) said in its circular. On whistleblower policy, Sebi .

Updated On: 22 Nov 2024 | 9:27 PM IST

A clearing corporation is responsible for the confirmation, settlement and delivery of trades

Updated On: 22 Nov 2024 | 7:39 PM IST

Bitcoin extended its streak of record highs after ticking above USD 99,000 for the first time overnight. The cryptocurrency has rocketed more than 40 per cent in just two weeks. Now, bitcoin is at the doorstep of USD 100,000, just two years after dropping below USD 17,000 following the collapse of crypto exchange FTX. The dramatic rally arrives as industry players expect the incoming Trump administration to bring a more crypto-friendly approach toward regulating the digital currency. Bitcoin was trading at USD 98,882 early Friday, according to CoinDesk. As with everything in the volatile crypto markets, the future is impossible to know. And while some are bullish, other experts continue to warn of investment risks. Here's what you need to know. Back up. What is cryptocurrency again? Cryptocurrency has been around for a while now. But, chances are, you've heard about it more and more over the last few years. In basic terms, cryptocurrency is digital money. This kind of currency i

Updated On: 22 Nov 2024 | 7:13 PM IST

Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in the US and subsequent cancellation of Kenya's airport expansion deal. In its response to the case in the US, Adani Group firms on Thursday had said "there are no allegations made against the company". On clarification with regard to Kenya cancelling airport expansion and energy deals following the US bribery and fraud indictments, the group is yet to respond to the bourses. While there was no word from Sebi officials, experts pointed out the regulator will have to definitely look into it if there are any disclosure and other violations and take necessary action. Billionaire Gautam Adani, his nephew Sagar Adani, and others have been charged by US prosecutors with allegedly being part of an elaborate scheme to pay USD 265 million (about Rs 2,200 crore) bribe to Indian officials in exchange for favourable terms for solar power contracts. The United

Updated On: 22 Nov 2024 | 6:20 PM IST

The initial share sale of Enviro Infra Engineers, which is involved in development of turnkey projects of sewage treatment plants and sewerage system, got fully subscribed on the first day of the offer on Friday. The initial public offering (IPO) received bids for 6,38,69,269 shares against 3,07,93,600 shares on offer, translating into 2.07 times subscription, according to NSE data. The portion for non-institutional investors attracted 2.98 times subscription while the qualified institutional buyers (QIBs) part got subscribed 2.04 times. The category for retail individual investors (RIIs) fetched 1.70 times subscription. Enviro Infra Engineers on Thursday collected about Rs 195 crore from anchor investors. The Rs 650-crore initial share sale is in a price range of Rs 140-148 apiece. The company's IPO is a combination of a fresh issue of 3.87 crore equity shares and an offer for sale (OFS) component of 52.68 lakh shares by promoters. Currently, promoters hold over 93 per cent stak

Updated On: 22 Nov 2024 | 6:13 PM IST