SEBI rejects Seacoast Shipping Services Ltd.’s excuse for fund diversion, citing lack of evidence and contradictory statements. The company’s promoters claimed the funds were used as ransom for the kidnapping of a promoter’s son.
Polycab India’s promoters and a public shareholder sold a combined 1.55% stake in the company, raising nearly Rs 1,740 crore through open market transactions. Foreign investors such as JP Morgan and Morgan Stanley were among the key buyers.
Foreign portfolio investors continue their selling streak, offloading over Rs 4,900 crore in shares, while domestic institutional investors remain net buyers, amidst a declining market trend.
The ongoing saga of US Federal Reserve Governor Lisa Cook’s potential firing by President Donald Trump has significant implications for global financial markets, including India. Understand the context and potential impact on Indian investors.
HSBC believes the time is right for foreign investors to return to India after an extended period of weakness and macro turmoil. Find out why and which stocks to bet on.
GK Energy shares are set to list on BSE and NSE on September 26. Check the latest grey market premium, price prediction, and other details.
Waaree Energies’ share price tumbles nearly 5% as the US launches a formal investigation into alleged tariff evasion on solar cells from China and other Southeast Asian nations.
Sun Pharmaceutical Industries Ltd. declined nearly 5% as Trump announced 100% tariff on the Pharmaceutical sector, impacting Indian pharma stocks and investors.
Rites Ltd. shares surge over 6% after winning a key international order in South Africa, valued at $18 million. What does this mean for Indian investors and traders?
Get the latest insights on Accenture’s Q4 results and its implications for Indian IT companies. Read Motilal Oswal’s report to understand the potential impact on the Indian stock market.