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Have no connection with Tribhovandas Bhimji Zaveri & Sons: TBZ Original

Leading jeweller Tribhovandas Bhimji Zaveri or TBZ Original on Friday clarified that it is in no way connected with Tribhovandas Bhimji Zaveri & Sons Retail, which is facing bankruptcy proceedings. The company, also known as TBZ-The Original, in a BSE filing said it is neither connected nor does have any relation with Tribhovandas Bhimji Zaveri & Sons Retail Pvt Ltd, which has gone into insolvency proceedings, nor do its promoters or the management hold any shares in the bankrupt jeweller. TBZ-The Original has actor Sara Ali Khan endorsing its brands, and is promoted by industry veteran Shrikant Zaveri, the filing said. This clarification came in after the resolution professional of Tribhovandas Bhimji Zaveri & Sons Retail put up a public notice on December 16 seeking claims from lenders and non-financial creditors.

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Updated On : 20 Dec 2019 | 10:59 PM IST

Four companies including SBI Card, ICICI Home Finance to list papers on BSE

Post process, the effective date of listing for the commercial paper at the exchange will be December 23, the BSE said in a statement

Four companies including SBI Card, ICICI Home Finance to list papers on BSE
Updated On : 20 Dec 2019 | 10:12 PM IST

NTPC may acquire NEEPCO through debt; awaits clarity on THDC stake buying

Company executives said they would evaluate several funding streams, including the bond market

NTPC may acquire NEEPCO through debt; awaits clarity on THDC stake buying
Updated On : 19 Dec 2019 | 10:17 PM IST

Four firms to list commercial papers on BSE for issue size of Rs 4,075 cr

The effective date for listing of the commercial paper at the exchange is December 17, the exchange said in a media release

Four firms to list commercial papers on BSE for issue size of Rs 4,075 cr
Updated On : 16 Dec 2019 | 7:02 PM IST

SBI Cards to list commercial paper on BSE for an issue size of Rs 400 crore

Leading stock exchange BSE on Thursday said SBI Cards & Payments Services has made an application to list commercial paper for an issue size of Rs 400 crore. Post process, the effective date of listing for the commercial paper at the exchange will be December 13, BSE said in a statement. With this, the number of companies listing their commercial paper (CP) on BSE BONDS platform will reach eight since the stock exchange came out with the framework for listing of such instruments late last month. Also, the funds raised by these firms will reach Rs 9,270 crore. Listing of CPs is expected to lead to efficient transmission of information regarding corporate borrowings and liquidity positions to market participants. Besides, it will contribute effectively towards development of the commercial paper market and is expected to have a positive effect on the debt capital market. Commercial paper is an unsecured money market instrument issued in the form of promissory notes that enables ...

SBI Cards to list commercial paper on BSE for an issue size of Rs 400 crore
Updated On : 12 Dec 2019 | 8:50 PM IST

YES Bank extends fall, shares slip over 15% on capital infusion concerns

The stock opened lower on the BSE and slumped further by 19.48% to Rs 40.70 ion day trade

YES Bank extends fall, shares slip over 15% on capital infusion concerns
Updated On : 11 Dec 2019 | 9:21 PM IST

BSE to conduct mock trading session for Bharat Bond ETF on Dec 11-12

Bharat Bond ETF would be the first corporate bond exchange-traded fund in the country

BSE to conduct mock trading session for Bharat Bond ETF on Dec 11-12
Updated On : 10 Dec 2019 | 11:08 PM IST

Investors can expect good upside in multiplex stocks, say analysts

Strong box office collections, good growth in F&B sales and reasonable valuations point to healthy upsides despite sharp run up

Investors can expect good upside in multiplex stocks, say analysts
Updated On : 09 Dec 2019 | 10:36 PM IST

ICICI Bank business approach gets Street thumbs-up; stock at all-time high

Digital capabilities are expected to improve growth at a lower cost following the bank's focus on 'One Bank One RoE'

ICICI Bank business approach gets Street thumbs-up; stock at all-time high
Updated On : 05 Dec 2019 | 12:40 AM IST

Ramco Systems bags five-year deal from Middle East based MNC

Shares of the company were trading at Rs 146.50 apiece up by 3.72 per cent over the previous close in BSE

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Updated On : 04 Dec 2019 | 4:54 PM IST

Bajaj Auto reports a slight dip in November sales at 403,223 units

The company had sold 406,930 units in the same month a year-ago

Bajaj Auto reports a slight dip in November sales at 403,223 units
Updated On : 02 Dec 2019 | 2:18 PM IST

BSE to sell 4% stake in Central Depository Services through OFS mechanism

The exchange will sell 41.8 lakh equity shares, representing 4 per cent of its stake in CDSL through offer for sale route, according to information available with the NSE

BSE to sell 4% stake in Central Depository Services through OFS mechanism
Updated On : 29 Nov 2019 | 12:59 AM IST

Aditya Birla Finance is now 1st firm to list commercial papers on exchanges

ABFL is a well-diversified non-banking finance company (NBFC) with a long-term credit rating of AAA (stable) from both ICRA as well as India Ratings

Aditya Birla Finance is now 1st firm to list commercial papers on exchanges
Updated On : 28 Nov 2019 | 11:53 PM IST

BSE, NSE issue norms to list commercial papers, bring them under Sebi

Companies, NBFCs, other entities with a networth of at least Rs 100 crore and any other other security specifically allowed by Reserve Bank of India (RBI) are eligible to list commercial papers.

BSE, NSE issue norms to list commercial papers, bring them under Sebi
Updated On : 27 Nov 2019 | 10:37 PM IST

Investor wealth zooms by Rs 1.8 trn as stocks surge to fresh closing high

The 30-share BSE Sensex closed 529.82 points higher or 1.31 per cent at 40,889.23. During the trade, it zoomed 572.3 points to 40,931.71, its record intra-day high.

Investor wealth zooms by Rs 1.8 trn as stocks surge to fresh closing high
Updated On : 25 Nov 2019 | 8:49 PM IST

BSE to provide non-competitive bidding facility in SDLs to retail investors

The Reserve Bank of India (RBI) in its various measures to encourage retail participation has extended access to primary auctions to SDLs.

BSE to provide non-competitive bidding facility in SDLs to retail investors
Updated On : 25 Nov 2019 | 2:40 PM IST

Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt

Edelweiss Financial Services Ltd and Axis Capital will manage the company's initial share-sale. Shares of the company will be listed on the BSE and NSE.

Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt
Updated On : 21 Nov 2019 | 6:35 PM IST

Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder

Will sell 16.5% stake and retain 5.9%; promoters to retain management control

Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder
Updated On : 21 Nov 2019 | 2:24 AM IST

Sebi bans Pine Animation, 72 others from market for platform manipulation

The entire modus operandi of the case was first allot shares of the company on a preferential basis

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Updated On : 18 Nov 2019 | 10:32 PM IST

Stability, regulatory reforms to boost economic growth: BSE MD Chauhan

BSE has recently developed a 'real time price movement' chart with correlation to market rumors

Stability, regulatory reforms to boost economic growth: BSE MD Chauhan
Updated On : 12 Nov 2019 | 7:42 PM IST