Sunday , November 24 2024

Business

Business: Shares of Gujarat chemical companies rise 7 to 84% in the current financial year | News India

Generally, when an industry or sector is going through a bad phase, the shares of the companies associated with it usually remain soft. Gujarat's chemical industry was in recession for almost the last three years. But with the start of the financial year 2024-25, the chemical business is improving. There …

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Reliance Home scam: SEBI imposes Rs 25 crore fine on Anil Ambani, bans him for five years | News India

Ahmedabad: Capital market regulator SEBI has banned businessman Anil Ambani from the securities market for five years. SEBI also imposed a ban on 24 others including Ambani and former chief executive officers of Reliance Home Finance. Apart from this, SEBI ordered Anil Ambani to have a capital of Rs. 25 …

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Foreign Exchange Management Act (FEMA) rules to be amended | News India

New Delhi: The government is planning legislative changes in the Foreign Exchange Management Act (FEMA) rules. After this, foreign portfolio investors (FPIs) will easily convert into foreign direct investors (FDI) after acquiring 10 percent ownership. The government is going to take this step after repeated requests from foreign investors. FPIs …

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