A framework for resolving complaints received through the SCORES platform for registered entities and for monitoring such concerns by designated bodies was released by capital markets regulator Sebi on Thursday. The Securities and Exchange Board of India said in a circular that the new guidelines will come into force from December 4. SCORES was introduced [...]
This penny stock operates in the IT services industry with a market cap of Rs. 308 crore. On Thursday, the company’s shares hit 2% upper circuit within the first half hour of markets opening and is 39% away from 52 week high and has been experiencing strong momentum since mid April 2023, rising 109% since. [...]
HDFC Asset Management Company, providing various mutual fund and portfolio management services, has received approvals from the Reserve Bank of India (RBI) to acquire a stake in the below listed private-sector Banks. DCB Bank Limited With a market capitalization of Rs 3,928.62 crores, the stocks of DCB Bank Limited started their trading session on Thursday [...]
Shares of this mid-cap stock involved in the Tyre industry fell around 3 percent on Thursday after operations at one of the company’s manufacturing plants were stopped by the labour union representatives due to concerns related to the long-term settlement agreement. With a market capitalization of Rs 23,393.94 crores, the stocks of Apollo Tyres Limited [...]
On Thursday Kotak Alternate Asset Managers (Kotakalt) announced an additional Rs 600 crore investment in Sify Technologies. The investment by Kotak Data Center Fund into Sify Infinit Spaces (SISL), which takes the overall bet by Kotakalt to Rs 1,600 crore, has been deployed for expanding data centre capacity across India and investing in renewable energy, [...]
For the third straight session, selling pressure caused the equity benchmark indexes Sensex and Nifty to falter, and they ended the day over 1 per cent lower on Thursday as investors reduced their exposure to shares of financial, banking, and automotive companies. Following the US Federal Reserve's announcement that they anticipate raising rates again this [...]
ITC Hotels on Thursday announced that it has signed a management agreement with a construction company for Welcomhotel Kalimpong resort in West Bengal. The 70-key greenfield project will spread over four acres of land and will offer plush rooms with views of the Himalayas and the valley, a company statement said. The business disclosed the [...]
This S&P BSE 500 stock is midcap with a market cap of Rs. 34,409 crore. On Thursday, the company’s shares opened flat and is 7% away from 52 week high and has been experiencing strong momentum since late March 2023, rising 52% since. The shares of this stock are trading at Rs. 3114.00 which is [...]
This S&P BSE 500 stock is classified as Smallcap with a market cap of Rs. 4,827 crore. On Thursday, the company’s shares opened flat and is 6% away from 52 week high and has been experiencing strong momentum since mid April 2023, rising 29% since. The shares of this stock are trading at Rs. 883.00 [...]
The GG Engineering Ltd. board has given the approval for the company to merge with Integra Essentia Limited, which is involved in the steel and renewable energy industries. GG Engineering said in the regulatory filing on September 20 that the proposal remains subject to several other necessary approvals. "We would like to inform that the [...]
