AMFI knocks on SEBI doors to resolve KYC impasse

[ad_1] The Association of Mutual Funds in India (AMFI) has held multiple rounds of discussions with the Securities and Exchange Board of India (SEBI) to clear the logjam arising out of the validation of investor KYC records. This is in...

Vodafone Idea FPO sees muted response on day 1

[ad_1] Vodafone Idea’s follow-on public offer (FPO) is off to a cautious start on day one, with just 26 per cent of the shares on offer being subscribed.Also read:Institutional investors warming up to Voda Idea FPO?According to the Bombay Stock...

IIFL Finance board approves rights issue of up to ₹1,500 crore

[ad_1] The board of IIFL Finance Ltd has approved a rights issue not exceeding ₹1,500 crore.According to the company’s stock exchange filing, the issue involves 4,23,94,270 fully paid-up equity shares of face value ₹2 each aggregating to ₹1,271.83 crore (assuming...

Som Distilleries & Breweries stock gains after commissioning Bhopal canning facility 

[ad_1] Som Distilleries & Breweries Ltd (SDBL) has announced commissioning of its packaging equipment plant at the Bhopal canning facility.Also read:Som Distilleries and Breweries receives approval to supply beer brands to Tamil NaduThe company’s stock traded at ₹308.80 on the...

Vedanta surges to near two-year high on CLSA upgrade

[ad_1] Vedanta Ltd's shares rose as much as 7.7 per cent on Wednesday to their highest in nearly two years after CLSA upgraded the stock by two notches to "buy" from "underperform," expecting the miner to benefit from an ongoing...

Capri Global Capital drives growth with 75% yoy car loans, shares up

[ad_1] Capri Global Capital Ltd reported a growth of 75 per cent year-on-year in new car loans, disbursing over ₹10,000 crore to approximately 94,000 customers in FY 2024. This represents around 2.5 per cent of India’s total passenger vehicle market.The...

Optional same-day settlement to kick off with 25 large-cap stocks

[ad_1] BSE and the National Stock Exchange (NSE) will roll out same-day settlement of securities for the cash equity market starting Thursday. The bourses have put out a list of 25 common scrips that will be settled on the same...

Neuland Laboratories stock surges 6%

[ad_1] Neuland Laboratories stock rallied 5.88 per cent on the NSE to trade at ₹6,396.55 as of 3 pm. The United States Food and Drug Administration (US FDA) has inspected the company’s unit 1 manufacturing facility at Bonthapally, Hyderabad, from...

Grasim Industries secures ₹1,250 crore investment from International Finance Corporation

[ad_1] Grasim Industries Ltd, a part of the Aditya Birla Group, has secured an investment of ₹1,250 crore from International Finance Corporation (IFC), the private sector arm of the World Bank Group, by way of subscription to non-convertible debentures (NCDs).Also...

Reliance Industries shares settle on flat note

[ad_1] <!-- --> In terms of volume, 1.63 lakh shares of the company were traded on the BSE and over 92.86 lakh shares on the NSE during the day. Published Date - 14 March 2024, 05:29 PM ...
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