SEBI Chief Madhabi Puri Buch said on Monday that there would soon be a mechanism to automatically populate a single filing made by companies onto other exchanges. “If you file disclosure with one exchange, it will automatically go on all exchanges. It is a work in progress,” Buch said at an event organised by the…
Zee Entertainment Enterprises founder Subhash Chandra has said he will not co-operate with Securities and Exchange Board of India (Sebi) in its ongoing funds siphoning probe. Chandra who is facing charges of siphoning ₹200 crore from Zee, on Monday, accused SEBI chairperson Madhabi Puri Buch of corruption and bias and blamed her for collapse of Zee-Sony merger….
★ Orders and Agreements 1. Atmastco Ltd has secured an order worth ₹3.37 crore from MM Forgings Ltd for critical special equipment, with completion expected by October 2024. #ATMASTCO 2. Premier Roadlines Ltd secured a ₹5 Crore order in the defense sector for transporting goods over a period of 1 year, marking its entry into…
Continuing its attack on SEBI chairperson Madhabi Puri Buch, the Congress on Thursday demanded an independent inquiry to probe a series of allegations against her. The latest in the Congress’s line of fire was that during her tenure at ICICI Bank, Buch was also employed at Greater Pacific Capital, a private equity fund where NSA…
As India beats China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI), Indian equities may get up to $4.5 billion, official sources said on Friday. Earlier, Morgan Stanley said that India’s weight in the index now stands at 22.27 per cent as compared to China’s 21.58 per cent. “Key factors contributing to…
Pidilite Industries: Company enters into exclusive distribution agreement with Colltech group (Positive) Sumit woods: Company selected as developer to redevelop a project, project offer gross development value of about Rs 500 cr, Market Cap of the Company is Rs 440 cr. (Positive) Jindal Stainless: Company supplied stainless steel for Vande Bharat sleeper coaches. (Positive) Wipro:…
Indian equity markets opened lower on Friday, September 6, 2024, as investors remained cautious ahead of crucial US payroll data that could influence the Federal Reserve’s interest rate decisions. Sensex plunged 835.78 pts or 1.02% to trade at 81,365.38, as at 10.12 am, and Nifty 50 dropped 217.25 pts or 0.86% to 24,927.85. Global market…
Suzlon Energy Share Price/ Suzlon Shares Updates for September 6, 2024: Suzlon Energy shares were in focus. Suzlon Group had monetised non-core assets worth ₹440 crore as part of its broader growth strategy of becoming asset-light and unlocking capital for growth to fund execution of its expanding order book with internal resources, a company statement…
With SEBI’s Chief Madhabi Buch facing scrutiny by the opposition, a Parliamentary Committee has included ‘Performance review of regulatory bodies established by Act of Parliament’ as one of 164 subjects for examination during 2024-25. Though the Public Accounts Committee, headed by Congress MP K C Venugopal, has not specifically mentioned SEBI, the broad topic includes…
VA TECH WABAG Limited, an Indian multinational water technology company, has won a $317 million (approximately ₹2,700 crores) contract from the Saudi Water Authority. The order is for the engineering, procurement, construction, and commissioning of a 300 million liter per day (MLD) sea water reverse osmosis desalination plant in Yanbu, Saudi Arabia. The shares of…
