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India had slightly more than 2,400 brokerages as of Dec. 24, down from more than 9,000 in March 2014, data from the regulator show.More than three decades after starting as a broker on the Bombay Stock Exchange, Asia’s oldest bourse,…
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Markets regulator Sebi on Friday imposed a penalty of Rs 8 lakh on three non-independent directors of ABG Shipyardfor misleading the company’s stakeholders by approving false and mis-stated financial results.The markets watchdog has…
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SEBI Image.A day after Sebi imposed a penalty of Rs 25 lakh each on rating agencies Icra and Care for lapses over ratings given to NCDs of IL&FS, their shares rallied; the day also saw the markets rallying. Though the quantum of…
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However, in the continued business, the growth rate stands at 89.2%. We forecast residual business CAGR of 29.5% over CY19-21. Tax rate should aid growth next year.As the record date for the demerger of the Power Grid business was set as…
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In most cities, onion prices were ruling at Rs 100/kg.Retail onion prices on Friday remained higher at up to Rs 150 per kg even as the imported supplies have started arriving to boost the domestic availability and check prices. In…
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The 30-share BSE index was trading 261.65 points or 0.64 per cent higher at 41,428.97, and the broader NSE Nifty jumped 77.65 points or 0.64 per cent to 12,204.20.Benchmark equity indices are trading on a high note tracking gains in…
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The RBI further said it reserves the right to accept or reject any or all the bids or offers either wholly or partially without assigning any reasons.The Reserve Bank of India on Thursday announced simultaneous purchase and sale of…
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Funds raised by Indian IPOs fell to just .8 billion this year, the lowest in four years, according to data from Refinitiv.Indian initial public offerings tumbled to a 4-year low by value in 2019 as the economy slowed, but some analysts…
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The stock markets turned volatile ahead of the expiry of December futures and options (F&O) contracts, the experts said.The benchmark equity indices — Sensex and Nifty — ended on a volatile note Thursday ahead of the expiry of…
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However, the sensitivity of Halol to earnings is lower currently compared to that in December 2015 when Halol had received a warning letter.By Nomura AEJ We have assessed the Form 483 observations for the Halol site issued after the…
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