Akme Fintrade IPO gets 11.61 times subscription on 2nd day of offer
The initial public offer of non-banking finance company Akme Fintrade (India) Ltd received 11.61 times subscription on the second day of bidding on Thursday. The Rs 132 crore initial share…
Market regulator Sebi introduces framework for holdco price discovery
First special call auction to be conducted in October Source link
Sebi issues guidelines for system audit of professional clearing members
Markets regulator Sebi on Thursday put in place the framework for system audit of professional clearing members (PCMs), directing them to submit information with regard to major and minor non-compliances…
Sebi confirms bans JM Financial from managing debt public issues till March
Markets regulator Sebi on Thursday confirmed the interim directions to bar JM Financial Ltd from acting as a lead manager for public issues of debt securities until March 31, 2025,…
General Atlantic, Asia Opportunities sell 4.9% stake in PNB Housing Fin
Foreign investors General Atlantic and Asia Opportunities V (Mauritius) on Thursday sold a 4.9 per cent stake in PNB Housing Finance for Rs 1,004 crore through open market transactions. US-based…
Dee Development Engineers IPO subscribed 8.99 times on Day 2 of offer
The initial public offer of piping solutions provider DEE Development Engineers got subscribed 8.99 times on the second day of subscription on Thursday. The Rs 418 crore initial share sale…
Sebi issues norms for contribution to LPCC's core settlement guarantee fund
Markets regulator Sebi on Thursday came out with fresh guidelines pertaining to the contributions by various entities towards core settlement guarantee fund of Limited Purpose Clearing Corporation (LPCC). A core…
EV maker Ola Electric secures market regulator Sebi approval for IPO
Ola Electric is eyeing a $6-7 billion valuation through the offering Source link
Rupee falls to a new low on importers demand, corporate outflows
Some market participants said that the RBI intervened in the foreign exchange market by dollar sales during the last hour of trade, which reversed some losses Source link
Goa Carbon launches its first branded product 'gcarb+'
Goa Carbon announced the launch of its first branded product, “gcarb+,” aimed at revolutionizing the recarburiser & carbon additive markets. Source link