Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, Bloomberg reported
Capital markets regulator Sebi has segregated dues to the tune of Rs 73,287 crore under "difficult to recover" category at the end of March 2023. Overall, the markets watchdog has dues worth Rs 1.02 lakh crore that needs to be recovered from entities, including those that failed to pay the fine imposed on them, or were unable to pay fees due to it and did not comply with its direction to refund investors' money, according to Sebi's annual report for 2022-23, which was released on Monday. Of Rs 1.02 lakh crore, Rs 63,206 crore, which is 62 per cent of the total amount, pertains to collective investment scheme and deemed public issues of PACL Ltd and Sahara Group company Sahara India Commercial Corporation Ltd. Further, the regulator said parallel proceedings are pending before various courts and court-appointed committees in 77 cases involving Rs 70,482.62 crore, or 69 per cent of the total amount. "In these cases, Sebi's recovery proceedings are subject to directions/approvals of .
The stock hit a 5-year high of Rs 381.40 and has zoomed 35% in two months and is inching towards its record high level of Rs 428 touched in November 2017
The 30-share BSE Sensex climbed 232.23 points or 0.35 per cent to settle at 65,953.48. During the day, it jumped 346.65 points or 0.52 per cent to 66,067.90
Concord had allotted shares worth Rs 465 crore to anchor investors at Rs 741 per share, the top-end of the price band
10 IPOs with a prospective fund raise of Rs 8,000 cr will decide August trajectory
Concord Biotech IPO: The stock is commanding a 20 per cent premium in the grey market, as per ipowatch.com
The best trading strategy for Nifty Realty would be to exercise patience and wait for the index to undergo a corrective phase, says Ravi Nathani
Short build up seen in Indusind bank Futures on Thursday, with a 2 per cent addition in Open Interest (Prov) and price falling 1.21 per cent: HDFC Securities
F&O volumes log new highs, increase by 2.8 times over a year earlier
Sun Pharma Q1 results: The company's Q1 net profit could dip fractionally by 0.15 per cent to Rs 2,058 crore against Rs 2,061 crore reported a year ago
The acquisition would further strengthen the presence of Ambuja-ACC in the Western market (whose current share is 20 per cent), according to ICICI Securities
Singapore's investment guru Narayana Iyer Narayanan, who represented the interests of minority stakeholders in major corporations, has passed away. He was 95. Narayanan, who had deep knowledge of the stock and share market dating back to the 1960s, died after suffering a heart attack on June 23, reported The Straits Times. Even at 95, dad was still very keen on financial news. He would check the Dow Jones index, the stock price of Sats, the British pound and Malaysian ringgit daily, the broadsheet quoted his daughter Rema as saying. Her sister Radhika added, He was a champion of small shareholders. He believed they have the right to understand what is happening in companies they invested in. Armed with a degree in mathematics, Narayanan started his career as a stockbroker in the 1950s. In 1968, he became the first Indian director of a stockbroker, Ong & Co. Later, he joined Alliance Securities as a director. He retired in 1999 at the age of 72. The active retail investor was ofte
Investment bankers said smaller issues are a relatively easy pitch for investors
As the stock market shift from T+2 to T+1 settlement cycle, find out what settlement cycles are and what this means for India's stock market
Within the range of 19700 to 19425, investors are advised to accumulate the Nifty Financial Services index and its constituents, says Ravi Nathani
Around 40 stocks on the BSE SmallCap index scaled new record highs, including The Anup Engineering, Bector Food, Cholamandalam Fin, CMS Info, CreditAccess Grameen, RPG Life, Escorts, Inox Green
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In the past two weeks, the stock of the state-owned power generation company has rallied 12 per cent