Indian market regulator Sebi has approved in principle NSE’s settlement application in the long-running unfair market access case. This clears a major regulatory hurdle for the stock exchange’s long-awaited listing, according to a Reuters report. Sebi chairman Tuhin Kanta Pandey on Thursday said the regulator has accepted the settlement proposal in principle.He also said that […]
The Nifty and Nifty Bank index have risen well for the second week in a row. Nifty is getting close to its crucial resistance. We will have to see if the expected bullish breakout happens this time or not. Nifty may gain momentum after breaking above immediate resistance at 25,450. Such a break could take […]
Godrej Agrovet has received an administrative warning from the Securities and Exchange Board of India (SEBI) for the violation of provisions regarding disclosure requirements after the changes to its shareholding in Astec Lifesciences. Sebi’s observation relates to delayed disclosures with regard to changes in the shareholders of more than 2% in the company. The delays […]