Meir Commodities India Ltd has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO). The equity shares of Meir Commodities are expected to be listed on the NSE and BSE Limited. Meir Commodities India IPO Details As per the …
The capital market regulator, the Securities and Exchange Board of India (SEBI) released its annual accounts for 2023-24, whereby, the total income of the regulator surged by 48% YoY to ₹2,075 crore. The growth in total incomes was backed by higher earnings from fees and subscriptions. Out of the total income, SEBI earned ₹1,851.5 crore …
Indian metal stocks saw strong buying on March 5, driven by China’s decision to keep its 2025 growth target at 5%, the same as last year. Investors were also encouraged by China’s latest stimulus measures to support economic growth amid ongoing trade tensions with the U.S. This led to a surge in metal prices and …
India’s circular economy is set to generate a market value exceeding $2 trillion and create close to 10 million jobs by 2050. Speaking at the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, Union Minister for Environment, Forest & Climate Change, Shri Bhupender Yadav, described the circular economy as one of …
After nearly 3 weeks of continuous declines, the Indian stock market witnessed a strong rebound on Wednesday. The Nifty 50 opened slightly lower at 22,073 but quickly gained momentum, reaching an intraday high of 22,375 with a jump of over 250 points. Similarly, the BSE Sensex opened at 73,005 and climbed to 73,848, gaining nearly …
Bombay HC stays FIR order against ex-SEBI chief, 5 others Mumbai, March 4 (IANS) The Bombay High Court on Tuesday put a four-week hold on a special court’s order which had directed the Anti-Corruption Bureau (ACB) to file an FIR against former SEBI Chairperson Madhabi Puri Buch and five other officials. The special court had …
During March 2025, the Indian stock market witnessed several significant events. Here’s a breakdown of the key factors that shaped the market’s trajectory: Feb 2025 Auto Sales During Feb 2025, Indian automotive players posted mixed numbers, whereby Mahindra & Mahindra, TVS Motors Company Ltd and Eicher Motors Ltd reported a growth of 15%, 10% and 9%, respectively. Maruti Suzuki reported …
On March 4, 2025, the BSE Sensex ended in the red, closing at 72,989.93, down by 0.13%, and the NSE Nifty50 closed at 22,082.65, down by 0.17%. Sectoral Performance On Tuesday, Nifty Auto, Nifty Midsmall IT & Telecom and Nifty IT ended in the red. Nifty Media, Nifty PSU Bank, and Nifty Midsmall Healthcare ended in green. …
The Delhi government has introduced the Mahila Samriddhi Yojana, aimed at providing financial support to women from economically weaker sections (EWS). Under this scheme, eligible women will receive ₹2,500 per month directly in their bank accounts via Direct Benefit Transfer (DBT). The initiative, announced by BJP MP Manoj Tiwari, will begin registrations on March 8, …
The Securities and Exchange Board of India (SEBI) has introduced new nomination rules for demat accounts and mutual fund (MF) folios. These changes aim to simplify the transfer process, reduce paperwork and enhance investor convenience. The updated rules, effective from March 1, 2025, are expected to help with succession planning and minimise legal disputes over …
