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Source: Live Mint The surge also comes exactly five years after India imposed a nationwide pandemic lockdown, a day when the Nifty saw losses since the start of the month touch 33%. On Monday, the Nifty rose 1.32% to 23,658.35, while the Sensex rallied 1.4% to 77984.38. However, the Sensex fell short of erasing its…
Source: Live Mint Top News 1. The Securities and Exchange Board of India (SEBI) has announced a revised framework aimed at expediting the rights issue process. Effective April 7, 2025, the new guidelines ensure the completion of the Rights Issue within 23 working days. This framework includes revised timelines, automated validation processes, and modifications to…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IndusInd Bank Moody’s Investors Service has affirmed IndusInd Bank’s long-term foreign currency deposit rating at Ba1 with a stable outlook. However, the agency has placed the bank’s Baseline Credit Assessment (BCA) under review for a possible downgrade due…
Source: Live Mint Top News SEBI introduces faster rights issue process, effective April 2025 The Securities and Exchange Board of India (SEBI) has announced a revised framework aimed at expediting the Rights Issue process. Effective April 7, 2025, the new guidelines ensure the completion of the Rights Issue within 23 working days. This framework includes…
Source: Live Mint Sun Pharmaceutical Industries Ltd. has announced the acquisition of Nasdaq-listed Checkpoint Therapeutics, Inc., an immunotherapy and targeted oncology company, in a $355 million cash deal. The acquisition will bolster Sun Pharma’s onco-dermatology portfolio, adding Checkpoint’s recently FDA-approved cancer drug, UNLOXCYT (cosibelimab-ipdl), to its pipeline. The deal, expected to close in the second…
Source: Live Mint Top News SEBI extends deadline for AIFs to report differential rights The Securities and Exchange Board of India (SEBI) has extended the deadline for Alternative Investment Funds (AIFs) to report differential rights issued to select investors. The previous deadline of February 28, 2025, has now been extended to March 31, 2025. This…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Consultancy Services IT services company TCS has collaborated with Vantage Towers, Europe’s second-largest telecom tower operator, to introduce a digital service platform. This partnership seeks to optimize service processes for property owners, improve retention, and reinforce telecom…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Biocon Biocon Pharma, a subsidiary of the company, has obtained final approval from the US Food and Drug Administration (US FDA) for two of its Abbreviated New Drug Applications (ANDAs) – Lenalidomide capsules and Dasatinib tablets. Lenalidomide is…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC, IRFC State-owned enterprises Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) were awarded ‘Navratna’ status by the Government of India on Monday, March 3. RBL Bank GST authorities conducted searches at three…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Motors, Hyundai Motors, Maruti Maruti Suzuki recorded slight growth, whereas Hyundai and Tata Motors experienced a drop in sales in February, as market sluggishness persisted with subdued demand. Glenmark Pharma According to the US health regulator, Glenmark…
