Business

Equity benchmark indices rebounded in early trade on Friday after a three-day decline but later gave up initial gains to quote in the negative territory

Sebi has levied penalties totalling Rs 55 lakh on 11 entities for indulging in non-genuine trades in illiquid stock options segment on the BSE

The rupee appreciated by 38 paise to 82.75 against the US dollar in early trade on Friday, as the inclusion of India in the JPMorgan bond index boosted investor sentiment

On Tuesday (September 12), Apple unveiled the highly awaited iPhone 15 lineup (including iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max), alongside the Apple Watch Series 9 and Watch Ultra 2 at their "Wonderlust" event.

SEBI on Thursday eased norms for borrowing by large corporates (LCs) on meeting a certain percentage of their funding requirements

The decision was taken at the board meeting of the Securities and Exchange Board of India (Sebi) held here on Thursday.

The rupee was also impacted by a rising dollar index, following hawkish comments from US Federal Reserve officials, forex traders said

A decision in this regard was taken at the meeting of Committee of Directors of the company, Vedanta Ltd said in a regulatory filing.

GPL will retain 9,609,571 equity shares representing 7.84 per cent of the current issued and paid-up equity share capital of the company. Pursuant to the transaction, GPL and the other member of the promoter group are proposed to be reclassified as public shareholders.

"It is hereby ordered that the proceedings that may be initiated for the violations... are settled qua the applicant (Valiant Organics)," Sebi said in a settlement order passed on Monday.

RBI has sought comments on the new draft master direction that proposes to expand the scope for lenders which can classify borrowers as wilful defaulters, and refine the identification process.

The 30-share BSE Sensex fell 570.60 points or 0.85 per cent to settle at 66,230.24 on Thursday

Market participants are in a wait-and-watch mode ahead of the Bank of England and Bank of Japan policy decision, he said.

Tech Mahindra, Bharti Airtel, Infosys, Asian Paints, Hindustan Unilever, Larsen & Toubro and Titan were the gainers.

Directorate General of Civil Aviation has dismissed recent media reports suggesting that a staff shortage is causing delays in issuance of pilot licences

The water regulator of the US state of California has said that the beverage corporate giant Nestle had illegally diverted and bottled water from mountain springs for over 100 years.

Retail inflation for farm workers and rural labourers eased marginally to 7.37 per cent and 7.12 per cent, respectively in August this year

"The Indian rupee faced pressure due to an advancing dollar index, driven by hawkish remarks from Federal Reserve officials, according to forex traders."

Global equities fell after the US Federal Reserve signalled that they expect to raise rates once more this year to fight inflation

US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go for additional tightening of monetary policy

"Market Watch reports that Cisco disclosed this information in a filing with California's Employment Development Department."

Capital market regulator Sebi imposed penalties totalling Rs 6 crore on 15 entities, including Kapil Wadhawan and Dheeraj Wadhawan, for flouting disclosure norms in the case of DHFL.

By indulging in such acts, they violated the provisions of PFUTP Regulations and accordingly, the regulator levied a fine of Rs 5 lakh each on 24 individuals and Rs 10 lakh on the remaining one.

It was a privilege that the Hyderabad office for Warner Bros. Discovery was its first Greenfield office in Asia after the merger of Warner Media and Discovery, said KT Rama Rao