Singapore Pauses Hikes, Asian Markets Firm
After five consecutive tightening moves since October 2021, the Singapore Central Bank and the Monetary Authority of Singapore (MAS) have decided to keep the country’s...
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Equity Inflows Hit 1-Year High, SIP Hits New Record
Mutual funds saw their highest net equity inflows in a year in March, while SIP contributions hit a new high, surpassing Rs 14,000 crore in...
NTPC Abandons Plan to Sell Green Energy Stake to Petronas
State-run NTPC has dropped plans to make Malaysian energy giant Petronas a strategic investor in its green energy unit ahead of its IPO. NTPC Green...
Vedanta Board Approves Rs 2,100 Crore Fundraising for NCDs
Mining major Vedanta Ltd, a London-based Vedanta Resources (VRL) unit, has approved a private placement of non-convertible debentures (NCDs) to raise up to Rs 2,100...
NFRA Bans Coffee Day Global Auditors for 2 Years
The National Financial Reporting Authority (NFRA) has banned Coffee Day Global (CDGL) auditor ASRMP & Co for two years after finding it guilty of audit...
Adani-Hindenburg Row: Further Action on Adani After SC Decision, Sebi Report
Government Agencies and the Ministry of Corporate Affairs (MCA) will await the outcome of Sebi’s investigation into allegations related to the Adani group before deciding...
Jodhpur-based Vishnu Prakash R Punglia Files Draft Papers with SEBI for IPO
Jodhpur-based Vishnu Prakash R Punglia Ltd has filed for an initial public offering (IPO) by submitting Draft Red Herring Prospectus (DRHP) to the Securities and...
IDBI Bank Shares Up 10% on Report RBI Has Started Bid Evaluation Process
Shares of state-run lender IDBI Bank surged 13% in intraday trade before closing nearly 10% higher on the BSE on reports that the Reserve Bank...
Surya Roshni Hits 52-Week High on Healthy Outlook, Shares Up 53% So Far in 2023
Shares of Surya Roshni rose 4% to Rs 754.75 on the BSE on Thursday, hitting a new 52-week high. The stock surpassed the previous high...
Jindal Stainless to Consider Special Dividend on April 18
Shares of Jindal Stainless Steel fell more than 3% to Rs 256.75 per share on the BSE in morning trade on April 13. In a...