SEBI Recovers Dues Worth Rs 6.57 Crore From Sahara Group Firms, Subrata Roy
Press Trust of India | Tuesday March 28, 2023, New DelhiMarkets regulator Sebi on Tuesday said it has recovered pending dues worth Rs 6.57 crore from Sahara India Real Estate Corporation, its chief Subrata Roy, and others in the case pertaining to flouting norms in issuance of optionally fully convertible debentures.
In Major Overhaul, Alibaba Says Will Split Into 6 Units
Agence France-Presse | Tuesday March 28, 2023, BeijingAlibaba announced today that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.
Rupee Rises 15 Paise To Close At 82.16 Against US Dollar
Press Trust of India | Tuesday March 28, 2023, New DelhiThe rupee appreciated 15 paise to settle at 82.16 (provisional) against the US dollar on Tuesday, tracking a weak American currency in the overseas market.
SEBI Extends Nomination Deadline For Trading Account Holders
Press Trust of India | Tuesday March 28, 2023, New DelhiCapital markets regulator Sebi today extended the deadline till September-end for existing trading and demat account holders to provide choice of nomination or opt out of nomination.
Kotak Investment Advisors Raises $1.25 Billion For Second Special Situations Fund
Press Trust of India | Tuesday March 28, 2023, MumbaiA Kotak Mahindra Bank arm today announced that it has raised $1.25 billion for its second special situations fund.
Zydus Gets US Regulator's Approval To Market Generic Drug For Myxedema Coma
Press Trust of India | Tuesday March 28, 2023, New DelhiZydus Lifesciences today said it has received approval from the US health regulator to market a generic product which is used to treat myxedema coma.
7 Stocks Where Big Earnings Growth Could Lead To Big Dividends In 2023
Equitymaster | Tuesday March 28, 2023These stocks have the potential to reward shareholders on the back of strong earnings growth.
Provident Fund Body EPFO Fixes 8.15% Interest Rate For 2022-23
Press Trust of India | Tuesday March 28, 2023, New DelhiRetirement fund body EPFO (Employees' Provident Fund Organisation) fixed 8.15 per cent rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting today.
Nifty, Sensex Rise As Global Banking Fears Ease
Reuters | Tuesday March 28, 2023, BengaluruShares opened higher on Tuesday, tracking a rise in global equities on easing concerns over the banking system.
Regulator TRAI Asks Telecom Firms To Curb Intrusive Marketing Calls
Press Trust of India | Monday March 27, 2023, New DelhiTrai on Monday asked telcos to take immediate action to curb pesky calls and messages by getting banks and FIs to clean up unused templates.
Pak Faces Shortage Of Life-Saving Drugs Due To Weakening Currency: Reports
Press Trust of India | Monday March 27, 2023, KarachiPakistan's drug regulatory authority's controversial pricing policy and the depreciating local currency have led to an acute shortage of imported and life-saving medicines in the debt-ridden country, media reports said on Monday.
Rupee Rises 3 Paise To Close At 82.37 Against US Dollar
Press Trust of India | Monday March 27, 2023, MumbaiAt the interbank foreign exchange market, the local unit opened at 82.36 against the American currency and finally settled at 82.37 (provisional) against the greenback, registering a gain of 3 paise over its previous close of 82.40.
Sensex, Nifty Rise As Fears Of Global Banking Contagion Ebb
Reuters | Monday March 27, 2023Stock indicesedged up on Monday, snapping two days of losses, as global authorities took steps to contain the banking turmoil, helping dispel some of the contagion fears.
Amendment Moved In Rajya Sabha To Correct Transacation Tax Rate
Press Trust of India | Monday March 27, 2023, New DelhiFinance minister Nirmala Sitharaman on Monday moved an amendment to the Finance Bill in Rajya Sabha to correct the figures with regard to rate of Security Transaction Tax (STT) to be levied on sale of options as well as futures.
Oyo Plans Cutting IPO Size Amid Tech Headwinds: Report
Monday March 27, 2023, BengaluruSoftbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it planned to sell via an initial public offering (IPO) by about two-thirds as tech valuations plunged.
