Sebi is looking at introducing a system where an investor can sell shares as soon as they are allotted in an Initial Public Offering (IPO) to curb grey market activity, chairperson Madhabi Puri Buch said on Tuesday. The chief of
In a significant victory for Vodafone Idea Ltd, the Supreme Court on Tuesday (January 20) upheld the Bombay High Court’s November 2023 decision granting the company a tax refund of ₹1,600 crore. Company Value Change %Change The tax department has
Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index concluded at 23,344.75, reflecting a decrease of 1.37%. Throughout the trading session, the Nifty reached a peak of 23,426.3 and a low of 22,976.85. The
The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies
Benchmark Sensex spurted by 454 points and Nifty closed above 23,300 on Monday following gains in banking stocks, mainly Kotak Mahindra Bank, and firm global trends. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex jumped 454.11 points or 0.59 per cent
US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies. Photograph: Andrew Kelly/Reuters “Hindenburg is not under investigation
The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes. Photograph: Adnan Abidi/Reuters In May 2023, the airline filed
Jan 20, 2025 12:05 PM IST Dixon Technologies Q3 Results Live: Analysts Expect Stock To Cross ₹20,000 Emkay initiated coverage on Dixon Tech last week with a “buy” rating and a price target of ₹20,000. It said that there are
Metro Brands Ltd’s results for the quarter ending December (Q3FY25) showed a decent improvement on some counts. For instance, while revenue per square foot continued to drop year-on-year, the 1% decline was the slowest in the past seven quarters. The
The stocks of diagnostic service providers have been standout performers within the healthcare sector over the past year, posting returns between 16 and 80 per cent. In comparison, the Nifty 50 saw returns of 8 per cent. Image used for
