SEBI mandates advertiser verification on social media to curb investment frauds
Sebi guidelines: Sebi has mandated registered intermediaries to verify their email and mobile numbers on social media platforms before publishing ads. This move aims to curb securities fraud and misleading investment promotions online, enhancing investor protection and market transparency.
Bain Capital floats Rs 5,764 cr open offer to pick additional 26% in Manappuram Finance
US-based private investment firm Bain Capital has launched Rs 5,764 crore open offer to acquire an additional 26 per cent stake in gold loan financier Manappuram Finance.
Sebi proposes relaxing rules for stock brokers to operate from GIFT city, may end NOC requirement
Sebi:Sebi proposes removing the requirement for stock brokers to obtain a no-objection certificate (NOC) to operate in GIFT-IFSC under a Separate Business Unit (SBU). Regulatory oversight, risk management, and investor grievance redressal will fall under the respective authority’s jurisdiction.
Gold declines Rs 400 to Rs 91,250/10 g on profit-booking, subdued global trend
Gold prices decreased Rs 400 to Rs 91,250 per 10 grams in the national capital on Friday due to profit-booking and a subdued trend in the global markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 91,650 per 10 grams on Thursday.
Zerodha means zero barriers and not zero brokerage: Nithin Kamath
Zerodha:Zerodha founder Nithin Kamath claims that clients have saved ₹2,000-₹20,000 crore in brokerage fees over 10 years due to zero charges on equity delivery. He highlights how brokerage costs impact overall returns and emphasizes cost-conscious investing for better profitability.
BYD’s charm? At $1.2 billion, FII flow into China largest in last 5 months
China stocks:Foreign investors pumped $1.2 billion into Chinese equities this week, the largest inflow since October 2024. The surge was driven by rallies in EV giant BYD and Chinese AI firms, boosting confidence in China’s market rebound and attracting global fund managers.
India’s Shapoorji Pallonji draws strong interest for debt sale: Reports
India’s Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday.
Deepak Nitrite, MRF among 5 stocks to be removed from NSE’s F&O segment from June series
NSE announced the exclusion of five stocks: Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the F&O segment starting June. This follows earlier removals, with 16 more stocks exiting by February 2025. Markets rebounded on Friday after an initial dip.
NMDC shares rise on record date for Rs 2.30 per share interim dividend
NMDC shares rose 1.6% on Friday as the record date for its Rs 2.30 interim dividend for FY 2024-25 was finalized. Other companies like Acceleratebs India and CG Power also announced interim dividends on the same date, determining shareholder eligibility.
Amit Dixit on top defense stocks that could deliver 20% returns in 2 years
While we are quite positive on the A-1s coming in, the orders that we have seen coming in from February and these are big orders such as Pinaka in February, and then in March recently Cabinet Committee of Security has cleared the 7,000 crores procurement of ATAGS howitzer, so these are all welcome. However, the […]