Sebi clarifies on cybersecurity and cyber resilience framework
SEBI has clarified that its cybersecurity framework applies only to systems exclusively used for regulated activities, accepting RBI-equivalent compliance. Critical systems are defined broadly, encompassing core operations and client-facing applications. Zero-trust principles are encouraged, while mobile app guidelines are recommendatory. The regulator also revised thresholds for regulated entities, categorizing Portfolio Managers by AUM and Merchant […]
Societe Generale buys stake worth Rs 79 crore in RBL Bank via bulk deal
Societe Generale purchased over 31 lakh shares of RBL Bank in bulk deals. The transaction was valued at Rs 79 crore. RBL Bank’s shares closed lower amid weak market sentiment. Nifty and Sensex also experienced declines. RBL Bank’s recent financial results showed a decrease in net profit.
Stock market investors lose nearly Rs 10 lakh crore in 2 days of sharp fall on US tariffs
Equity investors experienced a significant loss of Rs 9.69 lakh crore as the Sensex plunged 1,555 points over two days. This downturn was triggered by the US imposing a 50% tariff on Indian goods and continuous foreign fund outflows. Market sentiment remained fragile, with large caps declining and mid and small caps underperforming.
Lot of disclosures to stock exchanges ‘probably leaves a lot for imagination’: Sebi official
Sebi official Rajesh Dangeti highlighted concerns about the quality of disclosures made by companies to stock exchanges, suggesting they often lack clarity and substance. He emphasized the need for frequent, fair, and easily understandable information for investors. Dangeti also questioned whether the current quarterly disclosure frequency for certain information could be reduced, given advancements in […]
Madhusudan Kela’s Portfolio: 2 stocks soar over 50% in just 5 months
ETMarkets examined the June 2025 quarter disclosures of veteran investor Madhusudan Kela, who holds stakes above 1% in about 14 companies, with a combined market value of nearly Rs 2,700 crore as of August 26.
Why Chinese stocks are shining amid economic gloom
Vodafone Idea shares dive 11% in 2 sessions after govt rules out further relief on AGR dues
Vodafone Idea shares: Vodafone Idea shares slid 11.3% in two sessions to ₹6.56 after the government ruled out fresh relief on AGR dues, confirming no further concessions beyond equity conversion already made.
Export-oriented shrimp, textiles stocks slide up to 12% after Trump’s 50% tariff takes effect
Indian shrimp and textile exporters faced a significant downturn, with shares plummeting up to 12% following U.S. President Trump’s imposition of a 50% tariff on Indian imports. This move, effective Wednesday, has eroded India’s competitiveness, particularly in key sectors like apparel and seafood, where competitors face lower tariffs.
JP Power shares hit 5% upper circuit on Rs 300 crore solar project proposal
JP Power’s board has approved exploring a 50 MW solar facility at its existing 500 MW Jaypee Bina Thermal Power Plant (JBTPP) site. The project will move ahead subject to requisite approvals, including clearance from lenders.
Ola Electric shares rally 9% in 2 days after PLI nod sparks investor optimism
Ola Electric’s share price has seen a sharp rally after the company received PLI certification for its Gen 3 scooter range. The approval is expected to bolster margins and profitability, though competition from Ather and TVS and ongoing financial pressures continue to weigh on sentiment.