The FinTech Hub
Source: Live Mint Mumbai: The Securities and Exchange Board of India (Sebi) on Monday lifted the restrictions imposed in a 2021 order on a section of Infosys employees, and connected entities, following allegations of insider trading. On 15 September 2021, Sebi had upheld its interim order of 31 May 2021, barring six entities—Pranshu Bhutra, Amit…
Source: Business Standard The US dollar was trading at less than 143 Japanese yen. (Photo: Shutterstock) 4 min read Last Updated : Sep 09 2024 | 1:20 PM IST Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the US job market came in weak…
Source: Live Mint Shubhshree Biofuels Energy Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of equity shares, opened for subscription on September 9. The public offer was oversubscribed 2.99 times. Investors bid for 24.67 lakh shares compared to the 8.96 lakh shares available. The retail investors subscribed to the public…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 09 2024 | 6:30 PM IST Va Tech Wabag (VTW) stock price surged up to 2.3 per cent of Rs 1344.15 per share on the BSE on Monday. This came amid a positive development for the firm as the domestic brokerage…
Source: Live Mint Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available….
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 7:51 PM IST The Securities and Exchange Board of India (Sebi) has notified norms governing Foreign Venture Capital Investors (FVCIs), effectively bringing them at par with those for Foreign Portfolio Investors (FPIs). The amendments make a comprehensive revamp of the registration…
Source: Business Standard During these 180 days, the investee companies will restrict the FPIs’ voting rights to its actual shareholding or its shareholding corresponding to 50 per cent of its equity AUM on the date its FPI registration is rendered invalid, whichever is lower (Photo: Shutterstock) 4 min read Last Updated : Sep 09 2024…
Source: Live Mint “Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes the by-product of the activities of a casino, the job is likely to be ill done,”…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 11:18 AM IST Suzlon Energy stock price surged up to 3.27 per cent to record an intraday high of Rs 77.18 per share on the BSE on Monday. Suzlon Energy’s share price today climbed after the company announced that it has…
Source: Business Standard 2 min read Last Updated : Sep 09 2024 | 10:39 AM IST Ion Exchange share price surged up to 3 per cent to record an intraday high of Rs 685.20 per share on the BSE on Monday. This came after the company on Friday said that it received an order…
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