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63 Moons Technologies' shares surged by 5% on the BSE, reaching ₹759.5 per share, after reports emerged that the company had reached a settlement agreement with investors in the 2013 National Spot Exchange (NSEL) payments crisis case. As part of th
Bold reforms don’t always have to be revolutionary, and moving forward, the capital market regulator will adopt a balanced approach to meet its goals, stated SEBI Chairman Tuhin Kanta Pandey during his keynote speech at the Moneycontrol Global Weal
RITES' share price saw a sharp rise of over 5% during early trading on Friday following the announcement of a Letter of Acceptance (LoA) for a ₹27.96 crore project. The PSU railway stock climbed as much as 5.6%, reaching ₹224.80 per share on the
Jana Small Finance Bank shares witnessed a sharp rise of nearly 7% in Friday’s trading session after the Reserve Bank of India (RBI) granted the bank an Authorized Dealer Category-I (AD-I) license, allowing it to conduct foreign exchange transactio
Blackstone and Sattva Developers, the backers of Knowledge Realty Trust, have submitted draft documents to the Securities and Exchange Board of India (SEBI). This Trust, a joint venture between Sattva Group and Blackstone, stated in its Draft Red Her
The BlackRock Investment Institute continues to view India as a prime investment hub, even amid short-term market volatility. Vivek Paul, a senior investment strategist at BlackRock, asserts that India's strong structural growth potential positions i
CitiCorp Investment Bank (Singapore) Ltd has agreed to pay ₹36 lakh to settle allegations of non-compliance with SEBI’s Foreign Portfolio Investors Regulations (FPI Regulations). The accusations stem from the issuance of Offshore Derivative Instr
Manufacturers of air conditioners, chilled beverages, and power companies experienced a rise in stock prices on March 6, as investors anticipated increased sales with the approaching summer season. This surge follows recent gains in these stocks afte
On March 6, metal stocks experienced notable gains as investor sentiment remained buoyant, driven by expectations of China's economic stimulus and a weakening US dollar. This surge propelled the Nifty Metal Index nearly 3% higher, reaching 8,918, mar
Shares of Reliance Industries (RIL) surged over 1.5 percent on March 6, boosting benchmark indices, following optimistic reports from international brokerage Jefferies and Kotak Institutional Equities. Jefferies reaffirmed its 'Buy' rating on RIL,
Just as derivative traders were beginning to recover, the market regulator introduced yet another challenge, making trading even more difficult. The Securities and Exchange Board of India (SEBI) has proposed changes to gross and net position limit
Route Mobile shares experienced a significant surge of 10% on March 6, driven by strong buying interest following a partnership agreement between its promoter entity, Proximus Global, and Nokia. As part of this agreement, both companies will colla
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