Sebi's annual report showed that the number of appeals filed in FY24 against its orders was 821, lower than 1,192 appeals in the previous financial year. The report pointed out that the Securities Appellate Tribunal (SAT) disposed of 730 appeals in FY24, versus 1,131 disposals in 2022-23. Continue Reading »
Blackstone has monetised its investment in Nexus Select Trust through this block deal. After the divestment, Blackstone's stake will be reduced to 21 per cent. Continue Reading »
The Nifty and Sensex recovered as fears that had gripped markets earlier this week over a possible recession in the US abated..Ola Electric Ltd marked its stock market debut with its shares closing at a 20% premium to the issue price. Continue Reading »
VIP Industries faces challenges despite rising travel demand, with increased competition and internal issues. The company plans to regain market share through portfolio transformation, brand premiumisation, and process optimization. Continue Reading »
Axis Securities maintains a 'BUY' recommendation for MICL with a target price of ₹240 per share. Despite a decline in June quarter results, the company’s asset-light model and strong project pipeline position it well for future growth, it said. Continue Reading »