Ushdev International Ltd News
ICICI Securities settles broker rule breach case with Sebi for Rs 80.4 lakh
The show cause notice alleged that ICICI Securities has provided incorrect submissions with respect to data relating to unconfirmed pledge securities under MTF
 "ICICI Securities settles broker rule breach case with Sebi for Rs 80.4 lakh")
Smallcap stocks slip into bear market territory, midcaps on brink
The downturn was driven by slowing corporate earnings, elevated valuations, concerns over the impact of changes in US trade policy and relentless selling by foreign portfolio investors
 "Smallcap stocks slip into bear market territory, midcaps on brink")
Near term demand, price stability concerns for Cummins India stock
Brokerages upbeat on long-term prospects after company's strong Q3 results
 "Near term demand, price stability concerns for Cummins India stock")
Sebi to tighten related party transaction disclosure norms for listed firms
Chairperson announces while unveiling new portal to track India Inc RPTs
 "Sebi to tighten related party transaction disclosure norms for listed firms")
Demand woes lead to valuation downgrades for Bharat Forge's stock
BHFC's Q3FY25 standalone revenue dropped 7 per cent Y-o-Y at Rs 2,100 crore, while operating profit dropped 5.5 per cent (unadjusted) at Rs 610 crore
 "Demand woes lead to valuation downgrades for Bharat Forge's stock")
20 NBFCs, including IDFC, surrender CoR; 17 licences cancelled: RBI
In a separate statement, RBI said it has restored the licence of Kamdhenu Finance Company Pvt Ltd after considering the orders passed by the Appellate Authority/Courts.
 "20 NBFCs, including IDFC, surrender CoR; 17 licences cancelled: RBI")
Cordelia Cruises plans to raise Rs 800 cr through IPO to fund growth plans
Cordelia Cruises also plans to expand its fleet with the addition of two new cruise ships that will increase its guest capacity by around 4,000 guests
 "Cordelia Cruises plans to raise Rs 800 cr through IPO to fund growth plans")
