Mumbai: SEBI has finally opened its eyes to the storm brewing over small and medium enterprises (SME) IPOs and their listing prices. SEBI Chairperson Madhabi Puri Buch has said that SEBI is considering making more disclosure mandatory in cases of IPOs and price manipulation in SME companies. The SEBI Chairperson …
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IT probe into foreign portfolio investors regarding loans for trading in shares
Mumbai: The Indian Income Tax Authority has now asked foreign portfolio investors (FPIs) to clarify the path of their investments in the stock markets. Some FPIs have been asked whether they have given loans to FPIs for trading in stock markets. It is not clear for what purpose the Income …
Read More »Bitcoin now crosses $72000 as record rally continues
Mumbai: The cryptocurrency market reached new highs today as its record-breaking rally continued. Market players were stunned as the price of Bitcoin rose to $71,000. Market insiders said that like gold, the crypto market has also seen a recent rise due to optimism about exchange traded fund ETFs and the …
Read More »Prices near Rs 68,000 amid rise in gold: Silver also rises
Mumbai: Silver price rose in Mumbai jewelery market today. The rise in gold was being digested. In the world market, gold prices ranged from $2189 to $2190, from $2179 to $2180 and a high of $2178 to $2179 per ounce. Domestically, gold prices rose by Rs 100 to Rs 67,600 …
Read More »America and Britain attack Houthi rebels on the first day of Ramadan, 11 killed in airstrike
America and Britain have taken major action against the Houthis who are continuously targeting cargo ships in the Red Sea. On Monday, US-British coalition forces launched airstrikes on ports and small towns in western Yemen, killing 11 and wounding 14. According to Houthi media outlet Al Masirah, the US-British coalition …
Read More »Huge decline of Rs 1,42,697 crore in market cap of smallcap shares
Ahmedabad: Market regulator SEBI and Reserve Bank have expressed concern over manipulation in IPOs of small cap and SME companies and have threatened to take strict action on this issue. Sensex fell 616.75 points to 73,502.64 due to heavy selling by local funds and players after the system came into …
Read More »640 liquor shops will open in this district of Punjab, this is the last date of application
Jalandhar: A total of 640 liquor vends will be opened in Jalandhar district during the financial year 2024-25. There will be 296 liquor concessions within the corporation limits and 344 liquor concessions in rural areas of the district. For allotment of liquor groups, the groups along with the goods have …
Read More »SME index falls 1878 points: Sensex lags behind banking shares by 617 points
Mumbai: Capital markets regulator SEBI has hinted at the need for stricter disclosures for IPOs of small and medium enterprises (SME) companies, raising concerns about manipulation in listing of shares. BSE SME index fell 1878.33 points to close at 55453.91 due to all-round selling in SME shares. BSE Small Cap …
Read More »From Fastag to KYC, 10 important work deadlines should not be missed in March
The last month of the financial year 2023-2024 is going on. You will have to complete many important tasks in the month of March. If you do not complete these important tasks by March 31, then your problems or rather the burden on your pocket may increase. With the end …
Read More »Slight rise in Indian stock market, Sensex and Nifty open in green zone
Today i.e. on March 12, a slight rise has been seen in the Indian stock market. NSE Nifty and BSE Sensex opened in the green. market boom BSE Sensex opened 114 points or 0.16 per cent higher at 73,617.55 and NSE Nifty opened 19 points or 0.086 per cent higher …
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