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The Securities and Exchange Board of India (Sebi) had accused NSE of violating these rules by purchasing stakes in half a dozen companies including Computer Age Management Systems (CAMS), Power Exchange India (PXIL) and NSDL E-governance infrastructure (NSEIL).
Inox Wind board okays issuance of preference shares worth Rs 1,100 cr to promotersThe issue will be for consideration other than cash, at par, for an aggregate value not exceeding Rs 1,000 crore on a private placement basis.
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… Read MoreNSE-BSE bulk deals: Blackrock sells Bharti Airtel Rights EntitlementsIn another transaction, Chhattisgarh Investments bought 1.8 million shares of Mercator at Rs. 1.7 apiece through a bulk deal on the NSE.
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… Read MoreInvesco is trying to takeover ZEE in a clandestine manner: Subhash Chandra"I urge Invesco to behave like a shareholder not like the owner... they want to take over this company in defiance of India's laws," Subhash Chandra, who founded Zee TV in the early 1990s said.
from Stocks-Markets-Economic T… Read MoreTrade Setup: Nifty to remain in broader consolidation zone; market to stay stock-specificThe markets have once again added massive shorts in the system. Wednesday’s decline has added fresh shorts; this is evident from the Nifty futures data. The October series of Nifty futures have added over 7.72 lakh shares or … Read MoreSebi tweaks trading norms for mutual funds on RFQ platformInter Scheme Transfer trades are excluded from the revised framework, Sebi said in a circular. The new norms will come into effect from December 1, 2021.
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