Bombay Burmah Trading Corporation

Nusli Wadia, sons, others settle disclosure lapses case with Sebi

Bombay Burmah Trading Corporation, its promoters including Nusli Wadia, his sons Ness and Jehangir, and others on Friday settled a disclosure lapses case with markets regulator Sebi after paying Rs 2.12 crore towards settlement amount. In all, a total of 18 entities settled the case pertaining to flouting various provisions of securities market norms. The order came after the entities proposed to settle the violations "without admitting or denying the findings" by paying settlement amounts. "It is hereby ordered that any proceedings that may be initiated for the violations ... are settled in respect of the applicants," Sebi said in its settlement order. As per the order, the entities allegedly failed to make timely disclosures of shareholding changes and related party information; and failed to comply with accounting standards and regulations on related party disclosures as required under SAST (Substantial Acquisitions of Shares and Takeovers) norms and insider trading rules. Also

Bombay Burmah stock zooms 15% on jump in volume; up 47% in June

Bombay Burmah stock update: The stock hit a new high at Rs 2,168 on the BSE in Friday's intra-day trades.

Bombay Burmah makes Rs 1,866-crore provisions for Go First exposure

The company owns 33% stake in GoAir Airlines Ltd, which operates "Go First" airline, while the rest is held by unlisted holding companies of the Wadia group

Bombay Burmah Trading Corp's Go First exposure falls to Rs 65 crore

Bombay Burmah will also make a claim with the resolution professional appointed by the National Company Law Tribunal. If the airline restarts early, the losses of the banks would reduce, say corporate

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

Exit route: Jeh quits boards of all listed Wadia group firms

Britannia, Bombay Dyeing: Can Jeh Wadia's exit drag stocks of group cos?

Britannia Industries shares have broken out on the upside and are anticipated to continue the positive rally. Here's what technical charts suggest about the road ahead for listed Wadia Group stocks

Jeh Wadia quits 2 Wadia firms, exits boards of all listed group companies

Britannia, Bombay Burmah's annual reports say businessman did not offer himself for reappointment to the board.

Go Air IPO puts spotlight on Wadia Group stocks. Here's a chart check

Except Bombay Dyeing and Manufacturing Company, all other Group stocks are seeing downside pressure

Nifty outlook and stock recommendations by CapitalVia Global Research

Nifty likely to face stiff resistance at 10,000 as maximum call OI is placed here. We might witness strength only if Nifty breaks level of 10,000.

Bombay Burmah Trading hits new high as board approves fund raising plan

The stock hit new high of Rs 673, up 10% on BSE after the board approved fund raising plan upto Rs 250 cr via NCDs.