Sai Swami Metals & Alloys SME IPO to open on April 30, to raise ₹15 crore from public investors

[ad_1] Stainless steel products maker Sai Swami Metals & Alloys Ltd will hit the capital market on April 30 to raise around ₹15 crore from public investors. The initial public offering will open for subscription on BSE’s SME platform on...

NDTV earning jumps 59%, digital traffic up 39%

[ad_1] News broadcaster NDTV Ltd on Friday reported a 59 per cent jump in March quarter revenue as it expanded digital footprint, gaining a 39 per cent rise in traffic. Consolidated net loss of ₹8.74 crore in January-March compared with...

ATC Telecom Infrastructure exits Vodafone Idea; sells entire stake for ₹1,840 crore

[ad_1] ATC Telecom Infrastructure on Friday sold its entire 2.87 per cent stake in telecom operator Vodafone Idea for ₹1,840 crore through an open market transaction.American Tower Corporation (ATC) Telecom Infrastructure is one of the largest infrastructure service providers for...

Sebi allows AIFs to pledge shares in invested cos in infra sector

[ad_1] To facilitate ease of doing business, markets regulator Sebi on Friday allowed AIFs (alternative investment funds) to pledge their shares in investee companies in the infrastructure sector.Also read:AMFI knocks on SEBI doors to resolve KYC impasseThe regulator has also...

Missing Link Trust raises ₹1.2 crore on NSE’s Social Stock Exchange

[ad_1] Missing Link Trust (MLT), a non-profit organisation committed to preventing child abuse and exploitation in India, on Friday announced the listing its Child Safety Education Bond on the National Stock Exchange’s (NSE) Social Stock Exchange (SSE) platform. “The bond,...

SEBI penalises BSE for inadequate fee payment on options contracts

[ad_1] Capital markets regulator Securities and Exchange Board of India (SEBI) has pointed out discrepancies in fees paid by BSE to the regulator on derivatives contracts. Also read: AMFI knocks on SEBI doors to resolve KYC impasseSince the introduction of...

Aditya Birla Sun Life MF Q4 net up 53 per cent

[ad_1] Aditya Birla Sun Life Asset Management Company has reported 53 per cent increase in March quarter net profit at ₹208 crore against ₹136 crore logged in the same period last year on the back of sharp jump in asset...

Reading the markets through volatility index

[ad_1] Volatility index or India VIX last week captured traders’ attention when it plunged nearly 20 per cent during intra-day on April 23, to 9.8, even as the process of General Elections to the Lok Sabha just began. However, the...

ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment 

[ad_1] The overseas-focused exchange traded funds (ETFs) on stock exchanges are trading at a premium over the indicative net asset value (iNAV) announced by mutual funds due to soaring investors amid the SEBI diktat.Also read: Why exchange traded currency derivatives...

Imported coal-based plants procurement hits 4-year high in FY24

[ad_1] Thermal power plants (TPPs), running on foreign coal, imported a record 41.81 million tonnes (mt) in the last financial year, ending March 2024, hitting a four year high following government’s mandate to run units at full capacity till October...
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