Shares of Anil Dhirubhai Ambani Group dropped by up to 14% after Sebi barred Anil Ambani from the securities market for five years over fund siphoning allegations from Reliance Home Finance. Reliance Home Finance and Reliance Power shares fell 5%, while Reliance Infrastructure shares plummeted 14%. Trading in some other group companies remains suspended.
Basmati rice exporter Amir Chand to launch Rs 440-cr IPO on Mar 24
Basmati rice exporter Amir Chand Jagdish Kumar(Exports) Ltd is set to launch its Rs 440 crore initial public offering (IPO) on March 24.