Category: Uncategorized

Starting today, ESG rating services can only be provided by entities that have been certified by the Securities and Exchange Board of India (SEBI). Even foreign agencies that provide ESG rating services will have to get SEBI certification if they want to provide services to entities located in India.   “On and from the date of […]

TTK Healthcare shares rallied around 6 per cent in early trade after the company revised upwards the floor price for voluntary delisting from the stock exchanges.  On Tuesday, the Woodward’s Gripewater maker announced that it revised the floor price for delisting of its shares to ₹1,201.30 per equity share against ₹1,051.31  per share announced on […]

After Bharat Petroleum Corporation Ltd ( BPCL), the board of directors of Indian Oil Corporation will meet on July 7 to consider raising of capital through right issue of equity shares. The fund raising is to meet the capital expenditure plan for its projects, subject to statutory approvals as may be required, the PSU oil […]

The short-term outlook is bullish for JSW Energy. The stock surged 5.9 per cent on Monday and has closed on a strong note. This rise has taken the share price well above the 200-Day Moving Average (DMA), which is currently at ₹275. This 200-DMA will now act as a good support. So, any intermediate dips […]

The market capitalisation of BSE-listed firms reached a record high of ₹297.94 lakh crore in early trade on Monday as the benchmark Sensex hit the 65,000 mark for the first time ever amid bullish investor sentiments. The BSE benchmark jumped 514.08 points to hit its record high of 65,232.64 in early trade. The benchmark has […]

Nearly six months after the launch of Central Bank Digital Currency- retail or e-Re Retail, it’s set to undergo the first major rehaul. The QR codes of e-Re retail and UPI (unified payments interface) may become interoperable in a few weeks from now. That means merchants can receive payments made through e-Re retail using the […]

Boutique investment firm GQG Partners holds a 5.4 per cent stake in Adani Enterprises and a 6.54 per cent stake in Adani Green Energy at the end of June. The US-based investment firm, which started investing in the Adani group in early March when the group was reeling from damaging allegations made by short-seller Hindenburg […]

Senco Gold, one of the leading jewellers, plans to ₹405 crore through an initial public offering which opens for subscription on July 4. The IPO consists of fresh equity issuance of ₹270 crore and an offer for sale by SAIF Partners India IV of ₹ 135 crore. The anchor investor bidding period is on Monday […]

As the monsoon clouds picked up pace, the bearish dark cloud cover over the Indian equity market has been taken out decisively with benchmark indices climbing new highs for the third day. On Friday, the Sensex gained another 803.14 points, or 1.26 per cent, to close at a new high of 64,718.56. The broad-based Nifty […]

Around 3 per cent of the equity of Adani Transmission worth Rs 2,633 crore changed hands on a block trade in Friday morning deals at Rs 797.85 on the NSE, sending the stock down over 6 per cent. Sources said the promoter family was the seller and the buyer was likely to be boutique investment […]