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Posted on: August 17th, 2018 and is filed under Market News.

PSUs get 3rd lifeline to meet free-float norms, deadline extended by 2 yrs

The Securities and Exchange Board of India (Sebi) has thrown another lifeline to public sector undertakings (PSUs) to achieve 25 per cent public shareholding, a key corporate governance requirement, which private sector listed entities had to achieve by June 2013. According to sources, th…

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Posted on: August 14th, 2018 and is filed under Market News.

Stock markets to remain closed on Wednesday (15-08-18)

Stock markets to remain closed on Wednesday (15-08-18) on account of Independence Day …

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Posted on: August 2nd, 2018 and is filed under Market News.

RBI increases repo rate by 25 bps to 6.5%; retains ‘neutral’ stance

The yields on the 10-year bond closed at 7.7%, lower than its previous close of 7.8% The Reserve Bank of India (RBI) on Wednesday hiked policy rates for the second time in a row on fears of rising inflation rates, and cautioned that India needed to “run a tight ship” to avoid getting…

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Posted on: June 25th, 2018 and is filed under Market News.

SEBI restriction on Transfer of Physical Shares

Still holding Physical Share of Listed Entity!! Please get rid of it before 5th December 2018. Otherwise, you may lose your right to transfer. On 8th June 2018, SEBI has notified vide Notification No. SEBI/LAD-NRO/GN/2018/24 by issuing SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENT…

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Posted on: June 19th, 2018 and is filed under Market News.

Following companies have been de-listed from 2nd July’18 as per SEBI (Delisting of Equity Shares) Regulations, 2009.

Sr. No. Symbol Name of the Company (Under Liquidation) 1 AQUA Aqua Logistics Limited 2 ASIANELEC Asian Electronics Limited 3 BIRLAPOWER Birla Power Solutions Limited 4 CLASSIC Classic Diamonds (India) Limited 5 CLUTCHAUTO Clutch Auto Limited 6 COREEDUTEC Core Education & Technol…

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Posted on: May 30th, 2018 and is filed under Market News.

Global markets falls on Italy political turmoil

NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average fell more than 1 percent on Tuesday as political turmoil in Italy sparked concerns about the stability of the euro zone. taly has been unable to assemble a coalition government since inconclusive elections in…

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Posted on: May 24th, 2018 and is filed under Market News.

Centre to work on incentives for sugar mills to help pay farmers: Gadkari

In the next week to 10 days, the central government is expected to finalise a second lot of incentives to help cash-strapped sugar mills clear cane payment arrears to farmers, said Road Transport Minister Nitin Gadkari. Under consideration is creating a buffer stock of sugar and pushing e…

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Posted on: May 22nd, 2018 and is filed under Market News.

NSE sues Singapore bourse for offering offshore derivatives despite ban

The Singapore bourse’s stock tumbled on news of the lawsuit, falling the most since April 4 The National Stock Exchange of India Ltd. sued Singapore Exchange Ltd. in a Mumbai court, escalating a dispute that threatens to leave international investors without one of the world’s mo…

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Posted on: May 21st, 2018 and is filed under Market News.

UltraTech to buy Century Textiles’ cement biz through a share-swap deal

Aditya Birla group company UltraTech Cement has said it will acquire the cement business of B K Birla firm Century Textiles through a share-swap deal. Under the arrangement, Kumar Mangalam Birla-led UltraTech will merge Century Textiles’ 13.4 million cement capacity with itself, taking…

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Posted on: April 30th, 2018 and is filed under Market News.

Stock Markets to remain closed on Tuesday (01-05-18)

Stock Markets to remain closed on Tuesday (01-05-18) on account of Maharashtra Day …

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CB SIR Good evening I have 1 lot + of INDIACEMENT @ 118.5 /- .Please advise SL & TGT. I have + 2 lot ...continue reading »
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