PROMOTER ENTITY

Zerodha's co-founder Nithin Kamath expressed concerns about celebrities, including actors, endorsing advertisements for unauthorized trading platforms. He noted seeing a famous actor promoting such a platform and gave them the benefit of the doubt r...

Jwalamukhi Investment Holdings, Infinity Consumer Holdings, WestBridge AIF I, Sixth Sense India Opportunities 11, and Konark Trust sold shares of Hindustan Foods in five separate block deals on the National Stock Exchange.

Agarwal has been seeking to slash the group's debt burden. London-listed Vedanta Resources reduced its net debt to $6 billion in FY24 from $9.7 billion in FY22. The company aims to cut it to $3 billion over the next three years. Vedanta Resources ha...

The market regulator conducted a suo-moto investigation to determine if the Chandra brothers routed funds to the Indian securities market through their UBS AG bank accounts, potentially violating the Prohibition of Fraudulent and Unfair Trade Practi...

Unicommerce Esolutions has tagged SoftBank, Snapdeal cofounders Kunal Bahl and Rohit Bansal as promoters in an addendum to its draft IPO prospectus, expanding the list of promoters from the original filing with only AceVector Ltd named. SoftBank, Ba...

Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.

Cashing on the benefit of peak multiples in the Indian equity market, promoters of ZF Commercial Vehicle Systems India (formerly WABCO INDIA) is looking to sell 4-5% stake in the India unit, according to multiple people aware of the development. Ger...

The IRDAI has instructed insurance companies and insurance intermediaries not to call customers from a standard 10-digit mobile number in an effort to take harsh measures against fraudulent telecallers.

M Rajeshwar Rao stressed that asked the leaders of the ARC sector to ensure that the sector remains focused on course charted through legislative and regulatory intent and should ensure that any negative perception about the functioning and governan...

​​In a separate deal, Nomura India Investment Fund bought shares of IRB Infrastructure Developers worth 256.59 crore on BSE. Shares of IRB Infrastructure Developers slumped 9.9% to close at 65.5 on Thursday.

In my article on October 03, 2023, titled “Formation of Industry Standards Forum by SEBI - a pragmatic era in regulation implementation”, I had mentioned that SEBI has introduced a very pragmatic method of drafting standards for implementation of a ...

Ahead of the issue opening, the firm raised about Rs 1,176 crore in the anchor round, where Fidelity Investments, Goldman Sachs, ADIA, and Custody Bank of Japan were among the investors.

The listed entities will now have to follow the industry standards to ensure compliance. Further, the exchanges are advised to bring the contents of this circular to the notice of companies and ensure its compliance. Further, in another circular Seb...

Vi's board approved allotting equity shares worth Rs 2,075 crore to an Aditya Birla Group entity, marking the conclusion of its over Rs 20,000 crore fundraising plan via the equity route.

Promoters of drugmaker Cipla are expected to offload 2.53% of their stake in a block deal worth Rs 2637 crore on Wednesday, according to sources.

The price range of the block is fixed at Rs 1,289-1,357, taking the total deal value to around Rs 2,637 crore.

Indian auditing firms are pushing for fair competition with multinational counterparts, expressing concerns over the Big Four's increasing dominance and alleged manipulation of regulatory loopholes. The Institute of Chartered Accountants of India (I...

A court case unfolds a decade after the Winsome scam, involving Jatin Mehta's family, BLS, and fraudulent activities with UAE clients. The case includes criminal conspiracy, breach of trust, and corporate law violations.

Prudential Management and Services, a promoter of Mahindra & Mahindra, offloaded shares resulted in a 3.99% tumble of Mahindra & Mahindra shares. Details of the buyers are unknown.