Two IPOs will be open this week, let’s know about both the companies
Glenmark Life Sciences and Rolex Rings' IPO is going to open this week. The IPO of Glenmark Life Sciences, an active pharma ingredients company, will open on July 27 and...
NSE: Guidance Note for Companies Undergoing Corporate Insolvency Resolution Process
Guidance note for companies undergoing Corporate Insolvency Resolution Process NSE _ Guidance note for companies undergoing CIRP.pdf [embeddoc url="https://taxconcept.net/wp-content/uploads/2021/07/NSE-_-Guidance-note-for-companies-undergoing-CIRP.pdf" download="all"]
Important amendment made by SEBI
Important changes by SEBI Securities and Exchange Board of India PR No.22/2021 SEBI Board Meeting The SEBI Board met in Mumbai. The Part-Time Members joined the meeting through video conferencing....
NSE FAQ’s – LODR amendments dated May 05, 2021
NSE vide Circular dated June 28, 2021, has provided the clarification i.e. FAQ’s on due dates by which the listed entities are required to comply with listing regulations amendments dated May...
Paytm is going to bring the biggest IPO of the country so far, Vijay Shekhar Sharma to step down from the role of promoter
The country's largest digital payments company Paytm is going to bring the country's biggest IPO ever. Under this, it plans to sell new shares worth $ 1.6 billion (Rs 120...
This stock gave more than 50 percent return in a week, the price is less than 25 rupees
Today, the share of Shree Renuka Sugars Limited in the sugar sector has an upper circuit of 5 percent. The stock has reached a new 52-week high of Rs 22.80...
Growing pace of yoga guru Baba Ramdev’s company, investors made a lot of money
The share price of Yogguru Baba Ramdev's company Ruchi Soya has gone up by 5 percent to the level of Rs 1316. The same market capital is close to Rs.39...
Bitcoin: El Salvador becomes the first country to legalize cryptocurrency
El Salvador Congress on June 9 approved a bill to make bitcoin, the world's largest cryptocurrency, the legal currency of the country. This Central American country has become the first...
India SME Investments invests 60 crores in KreditBee, personal loan app raised 507 crores in March
SIDBI-backed private equity fund India SME Investments has invested Rs 60 crore in its portfolio company KreditBee. With this it has expanded its portfolio in the Banking, Financial Services and...
Markets & Taxation Series – In Layman’s Terms
Series - 1. Introduction, Residential Status & Long Term Capital Gain Investment in stock market has increased manifold in recent times. India’s total active demat accounts stood at 56.9 million...
Glenmark Life Sciences files Draft Red Herring Prospectus for IPO with Sebi
Glenmark Pharmaceuticals wholly-owned arm Glenmark Life Sciences has filed a Draft Red Herring Prospectus (DRHP) for an initial public offer with market regulator Sebi. The offer comprises a fresh issue...
SEBI notice to Fortis Healthcare subsidiary for moving funds
Fortis Healthcare gave this information in a notice sent to the stock markets on Friday. The company said, "The regulator has issued this notice under Rule 4 of SEBI (Procedure...
February Wholesale Price based Inflation rises to 4.17 percent
As per the data released by The Commerce and Industry Ministry the wholesale price-based inflation rose to 4.17 percent to hit 27 month high in February this year. The WPI...
Expert group formed by SEBI to examine feasibility of Special Purpose Acquisition Companies
Capital market regulator Sebi has formed a group of experts to examine the feasibility of introducing Special Purpose Acquisition Companies (SPACs) like structures in India. The group, formed under Sebi's...
Gold prices surge at MCX for April contracts
Gold prices today gained at Multi Commodity Exchange for April contracts. Gold futures was trading Rs. 350 up at Rs. 46,590 per 10 gram. On the other side, silver prices...
Price surge of onion, pulses and edible oils in February
Wholesale onion prices this month are ruling 25% to 30% higher than in January. Prices of pulses and wholesale edible oil, too, have increased, helped by government measures to boost...
Anti – Dumping duty extended on melamine and vitrified tile imports from China
The government has extended anti-dumping duty on melamine originating in or exported from China, up to March 31, 2021, the Central Board of Indirect Taxes and Customs (CBIC) said in...
SEBI asks NSE to carry out root cause analysis of ‘trading halt’
Market regulator, SEBI has advised National Stock Exchange to carry out a detailed root cause analysis of the trading halt witnessed at NSE on Wednesday and also to explain the...
Consequences for non-payment of outstanding Annual Listing Fees for FY 2020-21
Consequences for non-payment of outstanding Annual Listing Fees for FY 2020-21 Listed Companies – Be Alert !!!!! NSE and BSE both vide Circular Ref No: NSE/CML/2020/53 and notice no. 20201106-39...