Broking firm Angel One on Friday settled with the Securities and Exchange Board of India (Sebi) by paying Rs 57.46 crore for multiple alleged violations of regulations. The panel of whole time members of Sebi approved the recommended amount on October 15, and was received by the regulator on October 23, “without admitting or denying
For Samvat 2081, the focus of investors should shift to capital preservation rather than chasing high returns, especially in the mid-cap space. As volatility is expected to persist in the year ahead, hybrid funds such as multi-asset allocation funds will be a suitable option for those seeking stability. Stagger bets in mid-caps In Samvat 2080
After gaining over Rs 87 lakh crore in the first half of the financial year, stock market investors have seen their wealth erode by 43% or Rs 37 lakh crore in October – the worst in a single month. Before this, the worst-ever monthly market cap loss was in March 2020, when the panic over
The Securities and Exchange Board of India (Sebi) on Friday levied penalties totalling Rs 16 lakh on Edelweiss Asset Management, its CEO Radhika Gupta and fund manager Trideep Bhattacharya for violating mutual fund rules. The regulator has imposed a penalty of Rs 8 lakh on Edelweiss Asset Management and Rs 4 lakh each on Gupta
Are Indian markets open on Diwali day? The answer is yes Muhurat trading will be undertaken by both NSE and BSE. Know details of trade timing and its significance. Diwali Muhurat Trading 2024: Like every year, the Indian stock markets will have a special trading session on Diwali day. The exchanges will conduct a special
Indian markets created history in Samvat 2080 by hitting milestone after milestone. The Nifty surpassed 26250 and the Sensex surpassed 85900 in September 2024, with both indices gaining around 25% during Samvat 2080. The BSE Midcap and Smallcap index outperformed and gained 45% and 50% respectively. The upmove in markets was exceptional considering the spread
Go to Live UpdatesAfcons Infrastructure IPO 2024 Live Updates: Shapoorji Pallonji Group’s Afcons Infrastructure IPO opened on October 25. The company aims to raise Rs 5,430 crore. The issue consists of two components- issuance of fresh shares as well as an offer for sale. It will be closed on October 29. The IPO price band is
Afcons Infrastructure IPO opens on October 25. It will close on October 29. The company aims to raise Rs 5,430 crore from the primary capital market. The issue consists of two components- issuance of fresh shares as well as an offer for sale. Price Band The company’s IPO price band ranges between Rs 440 –
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country. Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
