Sebi Fines PNB Finance, CCCL, Others Totalling Rs 36 Crore
Sebi on Tuesday fined PNB Finance and Industries Ltd, Camac Commercial Company Ltd and various other entities totalling Rs 356.7 crore, including promoters Samir Jain...
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Adani Group, Vedanta, NHPC, PNB Housing, RHI Magnesita are in Focus
Markets are likely to start Wednesday’s trading on a calm note after signs of gloom in overseas markets. US markets closed slightly lower overnight after...
Major Changes for Investors and Taxpayers Applicable from 1st April 2023
Finance Minister, Shrimati Nirmala Sitharaman, announced major changes in the Budget 2023 and the Finance Bill 2023. The reforms were unveiled for the tax-paying, hard-working...
Stocks to Buy for Wednesday, March 29,2023
n the previous session, market had a consolidation move with a negative bias throughout the day. The Nifty index opened on a positive note but soon...
PAN-Aadhaar Linking Deadline Extended to June 30
In a press release dated March 28, the Ministry of Finance said the deadline for linking Permanent Account Numbers (PAN) with Aadhaar card had been...
Fintech Startup Nimbbl Raises $3.5 Million to Boost Market Presence
Fintech startup Nimbbl said on Tuesday it had raised $3.5 million in funding from financial services platform Groww, Sequoia Capital India and Global Founders Capital...
Adani Shares Plunge on Report Group Seeks Time to Pay ACC, Ambuja Debt
Shares of Adani Group companies tumbled on Tuesday after reports the group was seeking to renegotiate the terms of an outstanding $4 billion loan it...
Muthoot Finance to Prepay $550 Million External Commercial Borrowings
Gold loan lender Muthoot Finance announced in a March 28 exchange filing that it plans to prepay $550 million in external commercial borrowing due September...
Allcargo Logistics Increases Stake in Gati-Kintetsu Express, Shares Up 5%
Shares of Allcargo Logistics rose 5% on March 27 after the company said it would acquire a 30% stake (or 150,000 shares) in Gati-Kintetsu Express...
Kotak Mahindra Bank Unit Raises $1.25 Billion for 2nd Special Situations Fund
On Tuesday, an arm of Kotak Mahindra Bank announced it had raised $1.25 billion for its second special situations fund. Funds raised will be used...