Excitement and worry as stock options trading booms in India
SEBI and the top Indian exchanges, the National Stock Exchange of India Ltd (NSE) and BSE Ltd, did not respond to e-mails from Reuters.
BC Jindal Group Co’s the sole bidder for Future Enterprises
Jindal’s plan was the only one received by creditors till the end of business on Friday, the last date for submission of resolution plans for FEL, which owes creditors led by Central Bank of India and its arm Centbank Financial Services a total ₹12,265 crore, the second largest debt pile from the defunct retail giant […]
Samvat 2080 opens on a positive note for investors
The Sensex closed at 65,259, up 355 points, or 0.55%, after advancing as much as 514 points, or 0.79%. The Nifty, ended 100.20 points, or 0.52% higher, to close at 19,526. Both indices posted their best Muhurat trading gains in five years.
One year after FTX imploded, here’s how crypto is changing
“The first weeks were incredibly brutal. I didn’t sleep much at all. Feelings of terror, guilt and shame. We laid off most of the team,” Kling wrote.
Bitcoin ETF craze drives ‘nothing for sale’ rally
Bitcoin rose as much as 2.5% to $37,465 on Friday. It climbed within a hair of $38,000 on Thursday, the highest price since May 2022. That was when the collapse of the TerraUSD stablecoin set off a chain of failures across the sector that culminated in the implosion of Sam Bankman-Fried’s FTX exchange a year […]
Bullish setups hint at further upside for Nifty: Analysts
Stocks such as Axis Bank, SBI, Tata Motors, Sun Pharma, Canara Bank, PFC, DLF, Godrej Properties, PI Industries, Aurobindo Pharma, and Dr Lal Path Labs have exhibited bullish trend on the charts, as per the analysts.
Investors pull record sums from Saudi in Middle East fund flight
The iShares MSCI Saudi Arabia ETF saw record net outflows in October of more than $200 million, LSEG data shows, cutting 20% from what it held at the beginning of the month. Exchange traded funds (ETFs) providing exposure to stocks in Qatar, the UAE and Israel also suffered outflows, with investors worried about instability, and […]
BC Jindal Group Co’s the sole bidder for Future Enterprises
Jindal’s plan was the only one received by creditors till the end of business on Friday, the last date for submission of resolution plans for FEL, which owes creditors led by Central Bank of India and its arm Centbank Financial Services a total ₹12,265 crore, the second largest debt pile from the defunct retail giant […]
What changes for guarantors after the SC order? What are their rights?
In a landmark ruling, the Supreme Court upheld the constitutional validity of the personal guarantor provisions found in the Insolvency and Bankruptcy Code (IBC). This opens the door for lenders to pursue recovery against individuals such as Kishore Biyani of Future Retail, Venugopal Dhoot of Videocon Industries, and Anil Ambani of ADA Group. ET explains […]