Interarch Building Products IPO: IPO buzz still continues in the Indian stock market. IPO is getting better response from investors. Now it is being told that Interarch, a steel construction solution provider company related to the construction sector, is coming up with an IPO to raise funds from the building product market. For this the … Read more
RBI imposed ban on 31 January The financial forum said that One97 Communications Limited (OCL), its subsidiaries and associate PPBL have been receiving notices and demands for information, documents and clarifications from time to time from other departments including ED in respect of customers. All necessary information in this regard is being given to the … Read more
DoT Alert: The Department of Telecommunications (DoT) of the Government of India has advised citizens living in India to beware of fake calls coming from international numbers. These calls claim to cause disruption in India’s stock exchanges and trading. The Department of Telecommunications has said that such fake calls are made by anti-national elements, whose … Read more
Jio Financial-Blackrock:India’s mutual fund market is growing rapidly. Investment in this has increased from Rs 3660 crore to Rs 19932 crore in the last seven years. Investment of Rs 96,080 crore came in 2020-21 and Rs 1.56 lakh crore in 2022-23. Whereas in the half year of 2023-24, direct investment of Rs 90300 crore has … Read more
Mukesh Ambani vs SEBI: Securities Appellate Tribunal (SAT) Reliance Industries Chairman Mukesh Ambani has got a big relief in a case related to Reliance Petroleum Limited. SEBI had imposed a fine of Rs 25 crore on Ambani and two other companies in the case of alleged manipulation in shares. The Securities Appellate Tribunal (SAT) canceled … Read more
Sahara Money Refund: Sahara India chief Subrata Roy (Subrata Roy) after his death, the government is exploring the legality of transferring the unclaimed money lying in the Sahara-SEBI refund account to the Consolidated Fund of India. According to the ET report, Rs 25,163 crore deposited in banks was recovered from Sahara Group after payments were … Read more
Calcutta Stock Exchange was established in 1908 Kolkata Stock Exchange was established in 1908. It was one of the oldest stock exchanges established in India. Its headquarters was located in Kolkata, West Bengal. Kolkata Stock Exchange had established its rules and regulations to encourage safe and equitable trading in the stock market. It attempted to … Read more
Adani Group: The troubles of Gautam Adani, chairman of Adani Group and India’s second richest man, are not showing any signs of abating. According to media reports, market regulator SEBI is going to investigate the relations between Adani Group and Gulf Asia Trade and Investment Fund. It is being told that the market regulator of … Read more
Companies lost Rs 62,586.88 crore last week The market capitalization of five of the top 10 BSE Sensex companies (Market Cap) declined by Rs 62,586.88 crore last week. The biggest losers were the information technology sector companies Tata Consultancy Services (TCS) and Infosys. Last week, the 30-share BSE Sensex lost 180.74 points or 0.27 percent. … Read more
Financial Influencers SEBI is becoming strict regarding this. Market regulator SEBI is preparing to curb financial ‘influencers’ to provide accurate and unbiased information to investors. Financial influencers advise people about investments through digital media, channels etc. In fact, it was learned that these financial influencers charge up to Rs 7.5 lakh for making a single … Read more