Shares of Bharat Global Developers hit a 5% lower circuit on December 23 after the Securities and Exchange Board of India (SEBI) suspended trading in the company’s stock until further notice. SEBI also imposed a permanent ban on the company’s promoters from accessing capital markets. The action followed a December 16, 2024 complaint and social […]
NTPC Green Energy’s share price is likely to remain in focus on December 23 following the signing of a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar. The agreement aims to boost renewable energy investments in the state, encompassing projects like ground-mounted and floating solar installations, battery energy storage systems, and
NTPC Green Energy in Focus After Signing MoU for Renewable Energy Projects in Bihar Read More »
Infomerics Valuation and Rating, a credit rating agency (CRA), has paid Rs 57.63 lakh to settle allegations of violating the Credit Rating Agencies (CRA) Regulations. The settlement order was issued by the Securities and Exchange Board of India (SEBI) on Friday. Details of Allegations SEBI conducted an inspection of Infomerics for the period from February
Infomerics Valuation and Rating Pays Rs 57.63 Lakh to Settle SEBI Allegations Read More »
GSP Crop Science, an agrochemical company based in Gujarat, has filed draft papers with SEBI to launch an initial public offering (IPO). The IPO will include a fresh equity issuance worth Rs 280 crore and an offer-for-sale (OFS) of 60 lakh shares by its promoters. Promoters Vilasben Vrajmohan Shah, Bhavesh Vrajmohan Shah, and Kappa Trust
GSP Crop Science Submits IPO Papers for Rs 280 Crore Fresh Issue and Offer-for-Sale Read More »
Indian markets extended their losing streak on Friday, with the Nifty 50 dropping 1,200 points over the past five sessions. The selloff has been driven by hawkish signals from the US Federal Reserve, heavy selling by Foreign Institutional Investors (FIIs), and concerns over high market valuations. Investors have also been worried about sluggish earnings growth,
Nifty Falls 1,200 Points in 5 Days as US Fed’s Hawkish Tone Rattles Markets Read More »
Shares of Amara Raja Energy & Mobility jumped over 4% to touch Rs 1,275 in early trade on December 2 after the company announced a major collaboration with Hyundai Motor India. Hyundai will integrate AMARON’s Absorbent Glass Mat (AGM) battery technology into its domestic vehicle lineup. This development makes Hyundai the first Indian automaker to
Six entities, including Samir Kothari and Jitendra N Kewalramani, have settled a front-running trade case with the Securities and Exchange Board of India (SEBI) by paying Rs 3.49 crore in settlement charges. The case involved alleged front-running of trades on the National Stock Exchange (NSE) from January 2021 to October 2022. The other parties involved
Six Entities Settle Front-Running Trade Case with SEBI for Rs 3.49 Crore Read More »
Shares of MTAR Technologies surged by 6% on December 20 after the company announced new order wins worth Rs 226 crore. The latest orders come from the clean energy and aerospace sectors, highlighting the company’s growing presence in these high-potential industries. Out of the total, Rs 191 crore worth of orders were secured from Bloom
MTAR Technologies Shares Jump 6% on Securing Rs 226 Crore Orders Read More »
Shares of Amber Enterprises saw a 2% increase in early trade on December 20 following a significant block deal worth Rs 210 crore. Around 3.45 lakh shares, equating to a 1% stake in the company, were exchanged at an average price of Rs 6,075 per share, aligning closely with the stock’s previous closing price. However,
Amber Enterprises Stock Rises 2% After Rs 210 Crore Block Deal Read More »
Waaree Renewable Technologies Ltd, a BSE-listed company, announced that its board of directors has approved the listing of its equity shares on the National Stock Exchange (NSE). This decision was made during a board meeting held on December 19. In an exchange filing, the company stated, “The board considered and approved the listing of its
Waaree Renewable Technologies to List Shares on NSE Following Board Approval Read More »
