Sunil Subramaniam, a market expert, believes speculation is essential for liquidity in the capital market. He argues against regulatory intervention unless there’s clear evidence of fraud, price fixing, or false news. Subramaniam acknowledges the youth treating the stock market like a gambling den and suggests cautious regulatory measures instead of harsh actions to maintain market stability.
India Cements’ Srinivasan, other promoters exit company board
The Aditya Birla Group firm has completed the acquisition of 10.13 crore equity shares of India Cements (ICL), representing 32.72% of the equity share capital