Shares of Sula Vineyards, Radico Khatain, United Spirits, United Breweries and Globus Spirits plunged to 4% as European wines will enter the Indian market at lower prices under the bilateral free trade agreement as India will grant import duty concessions under the pact, PTI reported, citing an official. According to the pact, excise duty on […]
Foreign Institutional Investors (FIIs) have remained net sellers in Indian equity markets so far in November, selling shares worth Rs 15,659 crore and buying Rs 11,894 crore through the primary market, resulting in net outflows of Rs 3,765 crore till November 29.However, according to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, changes in […]
Markets regulator Securities and Exchange Board of India (Sebi) has banned stockbroker Prabhudas Lilladher from taking new business for seven days, starting December 15, 2025, after alleging that the company had violated regulations related to client funds, margin requirements, reporting practices and brokerage fees.The fine, announced through an inquiry order, comes after a joint inspection […]