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Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 1:41 PM IST Neogen Chemicals share price zoomed up to 6.06 per cent at Rs 2,345 per share intraday on the BSE. The stock price of the company moved up after domestic brokerage firm Axis Capita gave a ‘Add’ rating to…
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 8:28 PM IST Several non-banking financial companies (NBFCs) plan to raise over Rs 5,000 crore through bond issuances in the next one week. State-run lender Bank of India (BoI) also plans to raise up to Rs 2,500 crore via issuance of…
Source: Business Standard Sebi’s preliminary findings suggest that the high fees are being charged to ensure the offerings are oversubscribed, according to one of the sources | (Photo: Shutterstock) 3 min read Last Updated : Sep 24 2024 | 2:38 PM IST India’s securities regulator, worried about malpractice in a frothy IPO market, is…
Source: Business Standard Tax: Representational | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 9:48 PM IST The finance ministry on Tuesday said the Supreme Court has disposed of 573 direct tax cases after the monetary limits for filing appeals were revised in the Budget. The Union Budget 2024-25…
Source: Business Standard 4 min read Last Updated : Sep 24 2024 | 8:37 PM IST The Securities and Exchange Board of India (Sebi) may clear the decks for the launch of a new asset class—aimed at bridging the gap between mutual funds (MFs) and portfolio management services (PMS)—along with the MF Lite framework…
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 8:50 PM IST State Bank of India’s (SBI’s) reported move to convert its outstanding debt into equity in Supreme Infrastructure India Limited (SIIL) has invited sharp criticism from Opposition Congress which on Tuesday sought the intervention of Reserve Bank of India…
Source: Business Standard 2 min read Last Updated : Sep 24 2024 | 8:24 PM IST To streamline the application process for public issues of debt securities, markets regulator Sebi on Tuesday asked individual investors applying for amounts up to Rs 5 lakh through intermediaries to use only UPI to block funds. Further,…
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 8:12 PM IST The Reserve Bank of India (RBI) typically issues Sovereign Gold Bonds (SGBs) in June and September each year. However, no tranches have been issued in 2024-25 (FY 2025). The last tranche of SGB Series IV (FY 2024) was…
Source: Business Standard Sebi | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 7:32 PM IST Markets regulator Sebi on Tuesday issued guidelines on the parameters for the performance evaluation of market infrastructure institutions (MIIs), comprising stock exchanges, clearing corporations and depositories by independent external agencies. The guidelines are…
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 4:51 PM IST The two-wheeler insurance market is witnessing a significant rural boom, with 49% of purchases now originating from tier-3 cities. Meanwhile, zero-depreciation add-ons have emerged as the most popular choice, accounting for 78% of policies, according to a report…
