SEBI to ease onboarding of foreign investors; aims to create a ‘best-in-class’ experience
SEBI chairman Tuhin Kanta Pandey outlines plans for digitising FPI registration, faster approvals, and new platforms to boost foreign investor access in India.
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JK Tyre unit to divest 40 lakh Cavendish Industries shares for ₹130.64 cr
JK Tyre’s subsidiary JK Tornel will sell 40 lakh shares of Cavendish Industries to SMMS Trust for ₹130.64 crore, though Cavendish will remain a group subsidiary. Shares of JK Tyre & Industries Ltd ended lower on Wednesday, November 19, by…
Groww Explained: From valuations to projections, here’s what numbers tell us
A PEG ratio above 1.0 in both scenarios analysed by CNBC-TV18, suggests the market is already pricing in strong execution. This leaves limited room for disappointment. If growth comes in at the midpoint of guidance rather than the high end,…
Godawari Power and Ispat invests ₹125 crore in GNEPL via 12.49 crore preference shares
The funds are intended for capex and working capital requirements tied to setting up a Battery Energy Storage System Plant with an initial capacity of 10 GWh. The preference shares were issued on a rights basis. Shares of Godawari Power…
SEBI cautions public regarding unregistered Online Bond Platform Providers
SEBI warns investors against unregistered online bond platforms, urging transactions only with SEBI-registered OBPPs for safety and compliance.
Tesla gets approved to offer ride-hailing service in Arizona
The Arizona Department of Transportation granted the automaker a transportation network company permit on November 17, the agency said Tuesday (November 19) in an emailed statement. Tesla needed this license to operate a ride-hailing service in the state.
Electronics Mart expects double digit growth in Q3 despite net profit decline
Electronics Mart India faced degrowth in double digits during the first quarter of FY26 but recouped on the opportunities lost in the September quarter to achieve marginal topline growth in the first half of the year. The company expects low…
NBCC wins ₹2,966 crore Naveen Nagpur Phase-1 order from Nagpur Metropolitan Authority
The order, valued at ₹2,966.10 crore excluding GST, has been awarded by the Nagpur Metropolitan Region Development Authority. NBCC said the work falls within the ordinary course of its business. Shares of NBCC (India) Ltd ended at ₹113.00, down by…
Reliance Power forms board of management to boost governance, bets big on clean energy
Reliance Power has formed a new board of management to strengthen governance and enhance strategic oversight. The company also highlighted major clean-energy gains, with subsidiary Reliance NU Energies emerging as India’s largest solar+BESS player with up to 4 GW solar…
Dabur India gets ITAT relief as tax demand drops from ₹110 crore to ₹51 crore
With the ITAT’s decision, the tax demand now stands reduced to ₹50.96 crore. Dabur has already filed an appeal on this amount before the Commissioner of Income Tax (Appeals). Shares of Dabur India Ltd ended at ₹518.50, down by ₹1.50,…