In a surprising turn of events, the Securities Appellate Tribunal has lifted the ban imposed on Bombay Dyeing and its executives, alongside nullifying the associated penalties and restrictions on their directorship roles. This decision comes after Sebi’s extended delay of nearly nine years in addressing allegations related to fraudulent activities tied to manipulated financial statements.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of
April 6, 2026