Indian Market

NBCC Set to Discuss Bonus Share Issuance at August 31 Board Meeting

NBCC Set to Discuss Bonus Share Issuance at August 31 Board Meeting

/ Indian Market /

NBCC Ltd, a prominent Navratna Central Public Sector Enterprise, has announced plans to consider issuing bonus shares during its upcoming board meeting scheduled for August 31. The company informed shareholders through an exchange filing, indicating that the board will review a proposal to issue bonus shares by capitalizing reserves, pending shareholder approval. The share price […]

NBCC Set to Discuss Bonus Share Issuance at August 31 Board Meeting Read More »

Citibank NA Settles FPI and Depository Regulation Violations for Rs 40.2 Lakh

Citibank NA Settles FPI and Depository Regulation Violations for Rs 40.2 Lakh

/ Indian Market /

Citibank N.A., acting as a designated depository participant (DDP), has paid Rs 40.2 lakh to settle allegations of violations related to the Foreign Portfolio Investors (FPI) Regulations and the Code of Conduct under Depositories and Participant Regulations. The violations related to duplication of the client’s wet ink signature without his or her consent. Sebi, the

Citibank NA Settles FPI and Depository Regulation Violations for Rs 40.2 Lakh Read More »

CDSL Settles Sebi Allegations by Paying Rs 1.3 Crore

CDSL Settles Sebi Allegations by Paying Rs 1.3 Crore

/ Indian Market /

Central Depository Services Ltd. has fined ₹1.3 crore for settling the charges of violations related to directions given by Sebi. “The amount of ₹1,30,04,550 as recommended by HPAC has been approved by Panel of Whole-time Members vide their approval dated.,” Sebi said in an order on August 27. The charges pertain to show-cause notice dated

CDSL Settles Sebi Allegations by Paying Rs 1.3 Crore Read More »

Datamatics Shares Surge 20% on Microsoft Partnership to Develop AI Copilots

Datamatics Shares Surge 20% on Microsoft Partnership to Develop AI Copilots

/ Indian Market /

Datamatics Global Services’ stock hit the 20 percent upper circuit on August 27 after the company announced a strategic partnership with Microsoft. This collaboration will focus on building AI copilot solutions aimed at enhancing process automation and accelerating business transformation. It was trading at Rs 673.2 on the NSE at 13:04 pm, up 20 percent

Datamatics Shares Surge 20% on Microsoft Partnership to Develop AI Copilots Read More »

Tata Technologies Sees Rs 1,376.40 Crore Deal with 3.3% Stake Change Hands

Tata Technologies Sees Rs 1,376.40 Crore Deal with 3.3% Stake Change Hands

/ Indian Market /

On August 27, a significant transaction involving shares worth Rs 1,376.40 crore of Tata Technologies occurred on the stock exchanges. The block deal saw 1.30 crore shares, representing a 3.3 percent stake in the company, trade at a floor price of Rs 1,027 per share. Following this large transaction, Tata Technologies’ shares experienced a brief

Tata Technologies Sees Rs 1,376.40 Crore Deal with 3.3% Stake Change Hands Read More »

Bondada Engineering Shares Soar to 52-Week High After Securing Rs 575 Crore Project

Bondada Engineering Shares Soar to 52-Week High After Securing Rs 575 Crore Project

/ Indian Market /

Bondada Engineering’s share price surged to a 52-week high of Rs 3,684.45 in early trading on August 26, following the announcement of a significant project win worth Rs 575.74 crore. By 09:25 AM, the stock was up by Rs 175.45, or 5.00 percent, on the Bombay Stock Exchange (BSE). This power project is of 170.40

Bondada Engineering Shares Soar to 52-Week High After Securing Rs 575 Crore Project Read More »

Lemon Tree Hotels Signs License Agreement for Ayodhya Property; Shares Rise

Lemon Tree Hotels Signs License Agreement for Ayodhya Property; Shares Rise

/ Indian Market /

Lemon Tree Hotels’ share price saw an uptick in early trading on August 27, following the company’s announcement of a new license agreement for a hotel in Civil Lines, Ayodhya. At 09:27 AM, the stock was trading at Rs 134.00, up Rs 1.10, or 0.83 percent, on the Bombay Stock Exchange (BSE). The upcoming property

Lemon Tree Hotels Signs License Agreement for Ayodhya Property; Shares Rise Read More »

Gala Precision Engineering IPO Set to Launch on September 2

Gala Precision Engineering IPO Set to Launch on September 2

/ Indian Market /

Thane-based Gala Precision Engineering, a manufacturer of precision components, is set to launch its initial public offering (IPO) on September 2, 2024. The company will announce the price band for the issue on August 27. The IPO would include a fresh issue of up to 25,58,416 equity shares by the company and an offer-for-sale of

Gala Precision Engineering IPO Set to Launch on September 2 Read More »

Vijay Shekhar Sharma and Paytm Directors Receive Sebi Show-Cause Notices Over IPO Irregularities

Vijay Shekhar Sharma and Paytm Directors Receive Sebi Show-Cause Notices Over IPO Irregularities

/ Indian Market /

The Securities and Exchange Board of India (Sebi) has issued show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm’s parent company), and several board members who were part of the company during its initial public offering (IPO) in November 2021. The notices are related to allegations of misrepresentation of facts

Vijay Shekhar Sharma and Paytm Directors Receive Sebi Show-Cause Notices Over IPO Irregularities Read More »

Ashoka Buildcon Shares Rise 3% After Securing ₹478 Crore Project from MMRDA

Ashoka Buildcon Shares Rise 3% After Securing ₹478 Crore Project from MMRDA

/ Indian Market /

Ashoka Buildcon’s share price surged over 3% in early trading on August 26, 2024, after the company was awarded a project worth ₹478 crore by the Mumbai Metropolitan Region Development Authority (MMRDA). On the Bombay Stock Exchange (BSE), the stock was trading at ₹ 239.85 at 09:21 AM, with an increase of ₹ 7.45 or

Ashoka Buildcon Shares Rise 3% After Securing ₹478 Crore Project from MMRDA Read More »

Scroll to Top