Sebi fined Rs.1 crore in Coffee Day Enterprises money transfer case
Coffee exports from India increased by about 2% to 400,000 tons in 2022 Total defaults for Coffee Day Enterprises at Rs.465.66 crore in Q2FY23 Joy for Coffee: How to Choose the Best Brew for Your Home Delight ‘Run like a feudal lord’: Sippy imposes a penalty of Rs 26 crore on a coffee day Shareholders […]
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Foreign investment institutions invested nearly Rs 7,200 crore in Indian stocks in March so far
Foreign investors have poured Rs 7,200 crore into Indian stocks so far this month, mainly driven by the massive investment in Adani group companies by US-based GQG Partners. Going forward, FPIs are likely to be cautious in the near term as there is a sense of risk-off in equity markets globally due to stress in […]
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Avalon Technologies will launch its IPO of Rs 865 crore on April 3
The initial share sale of Rs 865 crore electronic manufacturing services company Avalon Technologies will open for IPO on April 3. The initial public offering (IPO) will close for three days on April 6, and bidding for anchor investors will open on March 31, according to Red herring (RHP)’s prospectus. The company reduced the IPO […]
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Campus Activewear shares tanked 9% after TPG sold its entire 7.62% stake.
Shares of Campus Activewear fell nearly 9 percent after TPG sold its 7.62 percent stake in the company via package deals. The principal private equity firm sold 23.2 million shares at Rs 347.24 per share totaling Rs 806 crore. Among the buyers were Fidelity and Societe Generale. Shares of the shoe manufacturer […]
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Accepting investments from KYC-compliant e-wallets: Sebi to mutual funds
The use of e-wallets for microfinance investments was allowed in 2017 to promote digitization
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Markets Take Gains Ahead of Fed’s Interest Rate Decision; Bank stocks rose
Equity markets rose slightly as investors around the world shifted their focus to the US Federal Reserve’s interest rate decision after the conclusion of the two-day meeting of the Federal Open Market Committee. The ongoing crisis in the banking sector has raised hopes that the US Federal Reserve will push to raise […]
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Nordek Blockchain is making its way with a fast and low-cost blockchain for payments, Gamefi and loyalty programs
New Delhi [India]March 21 (ANI/NewsReach): NORDEK strives to be the most business- and consumer-friendly blockchain platform for mainstream adoption of Web 3 payments. NORDEK is designed to be easy to use, interoperable, and compatible with both blockchain and non-blockchain developers. With the ever-evolving blockchain space, new technologies are being developed every day to make transactions […]
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Gold price reached a lifetime high of Rs 59,241 amid strong global trends
The price of gold rose by 1,254 rupees to a lifetime high of 59,241 rupees per 10 gram on Monday amid strong global trends, according to data from the Indian Bullion Exchange. Hence, the precious metal rose by 2.16 percent after closing at 57,987 rupees per 10 grams at the close after the […]
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Equity Markets: Under Attack, NSE Clarifies ASM and Nifty Listing and Exclusion Position
The National Stock Exchange (NSE) said on Sunday that the inclusion and exclusion of stocks from its indices and the so-called Additional Monitoring Measures (ASM) are carried out according to predetermined rules, not at anyone’s discretion. The clarification came from the exchange after opposition parties questioned its decision to drop three Adani Group […]
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Gold price increased by 270 rupees to 58,690 rupees; Silver selling at Rs 69,800
Gold prices rose by 270 rupees in early trading on Saturday with ten grams of 24k gold selling at 58,690 rupees, according to GoodReturns. Silver prices rose 600 rupees per kilogram with the precious metal trading at 69,800 rupees. The price of ten grams of 22 carat gold increased by 250 rupees […]
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