In an effort to simplify processes for public offerings, the markets regulator SEBI proposed clarifications on the minimum holding period for equity shares in Offer for Sale (OFS) and on employee stock options (ESOPs) for founders designated as promoters. Consultation Paper on ICDR Regulation In its consultation paper, SEBI recommended changes to the ICDR (Issue …
New Delhi, Mar 20 (PTI) Billionaire Gautam Adani’s group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around USD 1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India’s …
The Indian stock market continued its winning streak on Thursday, March 20, 2025, with both the Sensex and Nifty50 closing over 1% higher. Strong buying across various sectors boosted market sentiment, leading to broad-based gains. The BSE Sensex surged 899.01 points (1.19%) to close at 76,348.06 after trading between 76,456.25 and 75,684.58 during the day. …
On March 20, The Indian stock market closed higher, with the Nifty 50 rising 1.24% to settle at 23,190.65, gaining 283.05 points. The BSE Sensex also ended in the green at 76,348.06, up 899.01 points (1.19%). Top Gainers of the Day Symbol LTP (₹) % Chng Volume BHARTIARTL 1,704 4.08 1,18,80,882 TITAN 3,183.05 3.47 15,24,486 …
New Delhi, Mar 20 (PTI) BMW Group India on Thursday said it will increase prices by up to 3 per cent across the BMW and MINI car range from next month. This is the second price hike this year by the carmaker. The new prices will be effective from April 1, 2025, onwards, the group …
New Delhi, Mar 20 (PTI) Billionaire Gautam Adani’s group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around USD 1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India’s …
Who would have thought that returning a ₹4,000 blazer from Louis Philippe could lead to an entire bank account being wiped out? This is exactly what happened to a man from Assam, who simply wanted his refund. Instead, he became a victim of cyber fraud, losing ₹94,204.80 from his State Bank of India (SBI) account. …
The West Bengal government has announced an ad hoc bonus of ₹6,800 for government employees who are not covered under any productivity-linked bonus system. This applies to employees earning a revised monthly salary of less than ₹44,000 as of March 2024. Bonus Distribution According to the finance department’s order issued on March 18, employees from …
UK-based financial services giant Prudential Plc has announced its foray into India’s standalone health insurance sector through a joint venture with Sundari Investments (Delhi) Private Ltd (Vama), a company owned by HCL Group’s promoter. The proposed venture, subject to regulatory approvals, marks a significant expansion of Prudential’s presence in the Indian insurance landscape. Stake Distribution …
New Delhi, Mar 19 (PTI) Capital markets regulator Sebi on Wednesday barred former TV anchor Hemant Ghai and his family members from the securities markets for five years for violating regulatory norms. Apart from the ban, Sebi has directed Hemant Ghai and his wife Jaya Ghai to disgorge the unlawful gains worth ₹6.16 crore, along …
