The Securities and Exchange Board of India (SEBI) on Friday tweaked its operational circular on credit rating agencies (CRAs), asking them to have a detailed policy by March-end in respect of non-submission of crucial information.
Under-fire billionaire Gautam Adani insisted Thursday that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged again after the group cancelled a multi-billion-dollar stock sale.
At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.
SBI Cards and Payment Services Ltd: The pure-play credit card company, promoted by SBI, had posted a net profit of Rs 386 crore during the corresponding period of the previous financial year.
Stock Market India: Equity benchmarks fell on Friday, but closed out 2022 with over 4.3% gains to outperform their global peers.
Stock Market India: Equity benchmarks rose on the last trading day of a dismal year for financial markets.
Stock Market India: Equity benchmarks reversed sharp losses from earlier in the session to end with gains near the fag end on Thursday.
Stock Market India: Equity benchmarks extended losses for the second straight day on Thursday.
Stock Market India: Equity benchmarks rallied for the second straight session on Tuesday, driven by improved risk sentiment.
Stock Market India: Equity benchmarks rose in early trade on Tuesday, extending gains after a blistering rally in the previous session.
Stock Market India: Equity benchmarks reversed course to rally sharply on Monday in a low-volume session, stalling a four-day losing streak.
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