SEBI eases disclosure norms for certain foreign portfolio investors, approves T+0 settlement

Securities and Exchange Board of India (SEBI) on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share…

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SEBI eyes action on mule accounts to curb inflated IPO subscription numbers: Chairperson Buch

Mule accounts refer to accounts that are used as intermediaries or conduits for fraudulent activities, such as manipulating IPO subscription numbers. Madhabi Puri Buch, the Chairperson of the Securities and…

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Vodafone Idea Shares In 2023: Fund raise remains elusive with no clarity on 5G timelines

There is still no clarity on the 5G rollout from Vodafone Idea while competitors like Reliance Jio and Bharti Airtel have nearly completed their respective Pan-India rollout of their services.…

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Market at close | Sensex, Nifty 50 end near day’s high led by Reliance, HDFC and Kotak Bank

Top Nifty gainers were Divis Laboratories, Hero MotoCorp, Adani Enterprises, Hindalco and NTPC, while losers were Bajaj Finance, Bajaj Finserv, Infosys, TCS and Tata Motors. In a strong finish to…

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India working on PLI 2.0 for steel sector in 2024; industry players await steps to curb steel imports

India has set a target of having an installed steel manufacturing capacity of 300 MT by 2030. At present, the country has a capacity of around 161 MT. The government…

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