Page 219 - Bs Reporter

Sebi introduces prudential limits on PMS investments in related firms

The Securities and Exchange Board of India (Sebi) has imposed prudential limits on investments by portfolio managers in their own associates or related parties.

Nifty IT tumbles nearly 2% as JPMorgan downgrades IT stocks to 'neutral'

The Nifty IT index dropped 1.8 per cent on Tuesday, extending its two-day slide to nearly 4 per cent

Dreamfolks Services' downsized IPO opens for subscription on Wednesday

The company's IPO is entirely an offer for sale by existing shareholders

Gurudakshina? DMart's Damani likely to manage Jhunjhunwala's trust

Trust in guru's name: Damani could manage Big Bull's estate

Credit Suisse dispute: How SpiceJet came close to getting wound up

SpiceJet has reached an out of court settlement with Swiss bank Credit Suisse over payment of dues

Larsen & Toubro commissions new green hydrogen plant at Hazira in Gujarat

The plant will produce 45 kg of green hydrogen daily, which will be used for captive consumption in the company's Hazira manufacturing complex

Adani Group gets approval for $3.8 billion open offer for Ambuja, ACC

Adani's open offer price for Ambuja is at a 6 per cent discount compared to Thursday's closing price, while that for ACC is at a one per cent discount, data from BSE shows

Sebi moves to safeguard demat accounts through block mechanism

Sebi, in a circular on Friday, said that the decision was taken "considering the benefits of block mechanism"

IIT Bombay, JSW Group sign partnership for steel technology hub

The JSW Technology Hub will also be the nodal point for JSW Group's research activities beyond the steel domain

Govt blocks 8 YouTube channels third time in 5 months, uses new IT Rules

78 such channels blocked since 2021, I&B Minister told Parliament recently

Syrma SGS Technology IPO subscribed 32.6x on final day of bidding

The qualified institutional buyers (QIBs) was subscribed 87.5 times, high networth individual (HNI) portion 17.5 times and retail portion 5.5 times

Sebi tightens overseas norms for alternative investment and VC funds

Going ahead, all AIFs and VCFs will have to file an application before the market regulator for allocation of overseas investment limit in a format specified by Sebi

Nifty gains for 8th straight day; longest streak since November 2020

The relentless rally is underpinned by falling crude oil prices, revival in foreign investor flows and improving economic outlook

Tata Power subsidiary raises Rs 2,000 crore in green energy push

The transaction is part of the Rs 4,000-crore investment announced in April by Tata Power for its green energy business

Zomato-owned quick commerce firm Blinkit pilots print out service

Blinkit is charging an amount of Rs 9 per page for black and white printing and Rs 19 for coloured, according to media reports

As Gautam Adani gets Z security, a look at the X, Y, Z and Z+ of protection

The all-India cover is expected to cost Adani about Rs 15-20 lakh per month

Weak demand: Syrma SGS Technology IPO subscribed 2.27 times

The qualified institutional buyer portion was subscribed 71 per cent. Retail and the two categories meant for high networth individuals garnered over three times subscription

Govt to set up expert groups to explore adoption of common chargers

India can initially think of exploring shifting to two types of chargers, including C type, says Consumer Affairs Secretary.

FPI buying streak signals more upside for Indian equities, suggests data

The average 20-day and 10-day gain after a double-digit stretch of buying is 2.7 per cent and 1.4 per cent, respectively, reveals Bloomberg data

Jio gained 4.2 million new users in June, Airtel added 0.79 million: Trai

In contrast, Airtel only added 0.79 million customers while Vodafone Idea continued its losing streak as it shed 1.8 million users