In a significant development concerning corporate financing and regulatory compliance, SpiceJet has come under scrutiny following a complaint from the Employees’ Provident Fund Organisation (EPFO). This complaint led to the filing of a First Information Report (FIR) just before the airline intended to raise new funds through a Qualified Institutional Placement (QIP). This article delves ...
On Friday, shares of Tata Motors, a subsidiary of the Tata Group, closed at ₹930.70 on the Bombay Stock Exchange (BSE). This marks a significant decline from its previous closing price of ₹1035.45, recorded on September 10, 2024. The automotive industry’s fluctuating dynamics, along with various macroeconomic factors, often influence the stock performance of leading ...
The recent sharp decline in the shares of Kamdhenu Ventures has caught the attention of the Bombay Stock Exchange (BSE). After witnessing a significant drop in stock prices, the BSE has raised several questions regarding the reasons behind this downturn. Such fluctuations in stock prices not only affect the company’s market standing but also have ...
In the ever-evolving landscape of entrepreneurship and innovation, certain individuals stand out for their unique contributions. One such figure is Deepinder Goyal, the founder and CEO of Zomato, who gained immense popularity as a judge on the previous season of the reality show Shark Tank. With the fourth season of Shark Tank currently in production, ...
The escalating tensions between Iran and Israel have prompted a significant surge in crude oil prices. Investors are becoming increasingly concerned about the geopolitical implications, leading brokerage firms to identify specific oil stocks that may yield substantial returns in the near future. This article explores the underlying causes of the rising oil prices and highlights ...
With the release of the 18th installment, the total funds disbursed under this scheme have exceeded ₹3.45 lakh crore. This initiative provides support to over 11 crore farmers across the nation, playing a crucial role in enhancing agricultural sustainability and farmer welfare in India. Overview of the Scheme The scheme aims to provide direct income ...
In the dynamic world of stock markets, companies often announce bonus shares as a way to reward their shareholders. Recent news has emerged that Bajaj Steel Industries is set to issue three bonus shares for every one share held. This marks the company’s inaugural venture into issuing bonus shares, reflecting its commitment to enhancing shareholder ...
The Securities and Exchange Board of India (SEBI) has made a significant decision regarding the National Stock Exchange (NSE) and its officials. The SEBI board has approved a settlement of ₹643 crores in relation to an ongoing old case against the NSE. This development, announced on Friday, is viewed as positive news for the exchange, ...
Recently, the political dynamics between India and the Maldives have taken an interesting turn following Prime Minister Narendra Modi’s visit to Lakshadweep. This visit has ignited discussions and, subsequently, controversies led by remarks made by three Maldivian ministers that were deemed offensive towards Modi. This article delves into the implications of these comments on India-Maldives ...
The Securities and Exchange Board of India (SEBI) is poised to grant final approval for Jio Financial’s entry into the mutual fund sector, contingent upon the completion of certain conditions set by Jio Financial and BlackRock. This development is expected to significantly enhance competition within the mutual fund industry, which has been witnessing a growing ...