SEBI relaxes rules for RAs, IAs; permits email communication for MITC updates
The MITC specifies the maximum annual fees RAs and IAs can charge per family and the permitted advance fee collection period—three months for RAs and six months for IAs.
Uncategorized
Krishna Institute of Medical Sciences signs 7-year pact to manage UAIMS Hospital in Maharashtra
Under the agreement, KIMS will have the exclusive right to provide medical services for the hospital’s current and future operations. Shares of Krishna Institute of Medical Sciences Ltd ended at ₹558.70, down by ₹22.40, or 3.85%, on the BSE.
Deepak Fertilisers’ mining solutions arm hikes stake in Platinum Blasting Services
The transaction was valued at ₹64.1 crore). Shares of Deepak Fertilisers and Petrochemicals Corporation Ltd ended at ₹989.70, down by ₹12.30, or 1.23%, on the BSE.
Trade Setup for February 18: Nifty remains in sell-on-rise mode unless it crosses 23,150
Analysts don’t expect significant downside risks and said the bulls may attempt a recovery in the near term. Therefore, they advised traders to avoid panic selling and refrain from initiating fresh short positions. Instead, they said that any dips can…
IPO party over? 50% of IPOs of 2024 fall below issue price
The IPO (initial public offering) market has been tough for investors, with nearly half of the newly listed companies of 2024 now trading below their issue price. Here’s a look at some major laggards:
Bank stocks rebound, snapping Nifty50’s eight-session losing streak
Despite continued foreign investor outflows and global economic concerns, analysts believe that stable asset quality and resilient earnings from large banks have provided support to the financial sector.
Anant Raj partners with CSC Data Services for data centre and cloud solutions
CSC Data Services India is a subsidiary of CSC E-Governance Services India Ltd, approved under the national e-governance plan of the Government of India. Shares of Anant Raj Ltd ended at ₹520.35, down by ₹34.50, or 6.22%, on the BSE.
GMR Airports’ January passenger traffic rises 11% on-year, slips 2% MoM
The strong traffic numbers follow a strong financial performance in Q3 FY25. GMR Airports posted a net profit of ₹202.1 crore in the December quarter, rebounding from a net loss of ₹486.4 crore in the year-ago period.
‘One of my fondest dreams’: SEBI chief hails ₹250 micro SIPs under Jan Nivesh scheme
SBI Mutual Fund, in collaboration with State Bank of India (SBI) and Paytm, has introduced the Jan Nivesh SIP scheme, allowing micro systematic investment plans (SIPs) starting from ₹250. Buch emphasised its potential to foster wealth creation across Indian households,…
SBI Cards declares ₹2.50 interim dividend, appoints Salila Pande as MD and CEO
The record date for dividend eligibility is February 25, with payments to be processed by March 18. Shares of SBI Cards and Payment Services Ltd ended at ₹851.50, down by ₹7.10, or 0.83%, on the BSE.