Idbi Bank said that Regulator of the Sebi capital markets has approved the reclassification of Life Insurance Corporation (LIC) as a “public shareholder” in the lender once the strategic disinvestment process of the government is completed. In an exchange application, the bank stated that SEBI goods inspection is subject to several conditions, including LIC who […]
Molbio Diagnostics, a point-of-care (POC) diagnostic company, has submitted its concept of Red Herring Prospectus (DRHP) to markets regulator SEBI to raise funds via an IPO. According to the DRHP, the proposed IPO of the Goa-based company is a combination of a new stock sale of RS 200 Crore and an offer for sale (OFS) […]
An outburst of a one-share holder during the annual general meeting of GKB Ophthalmics has attracted the attention of ACE-investor Vijay Kedia, who warned that company councils should not underestimate minority investors. Kedia posted on x: “Although I convict the words, the essence is clear: shareholder money must be respected. Incompetent management with thick salaries […]
A large volume of pre-listing shareholders lock-ins has been set up to end the next quarter, which may influence the activities of the stock market. According to a report from Nuvama Institutional Shares, between August 25 and November 27, 2025, no fewer than 57 companies will see their Lock-Ins abolished. The total value of these […]
While geopolitical tensions continue to shape the worldwide financial markets, the renewed diplomatic diplomatic urge of US President Donald Trump has to end the war in Russia-Ukraine, intense speculation about its impact on safe-having activa such as gold and silver. With the recent top of Trump with Russian President Vladimir Putin in Alaska, followed by […]
Markets closed higher for the second consecutive week, with the Nifty 50 and Sensex almost 1%won. Optimism around a possible GST revision increased sentiment early, and the momentum that was held most of the week for some profit booking in the last session Pared profits. Towards the end of the week, the Nifty was 24,870.10, […]
Private lender Yes Bank on Saturday said that the reserve Bank of India (RBI) Sumitomo Mitsui Banking Corporation (SMBC) has approved to acquire up to 24.99% of the stock capital paid and voting rights from the bank. It is important that RBI has clarified that SMBC will not be classified as a promoter of YES […]
Foreign Institutional Investors (FIIs) continued their sales products in August, in which shares of RS 25,564 Crore were unloaded by the stock markets until 23 August. This took the total shares that Fiis sell this year until that date to RS 1.57,440 Crore, according to market data. FIIs have not only been sellers in shares, […]
Markets ended higher for the second consecutive week, with benchmark -Indices Nifty 50 and Sensex that almost improved a percentage. Sentiment was stimulated by optimism around a GST revision from the beginning and strengthened as the week progressed, although the profit booking in the last session decreased some profit. In the meantime, foreign institutional investors […]
A virtual annual general meeting of GKB ophthalmic, a microca company in the medical equipment segment, has become viral on social media after a shareholder who reportedly has only one share has launched a strongly formulated attack on the company’s management. The video, widely spread by various X users in their messages, shows investor Absishek […]