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SEBI has proposed additional safeguards and a 66-working-day completion timeline for open-market buybacks through stock exchanges. The regulator also suggested measures to protect minority shareholders, align buyback rules with the Companies Act, and improve communication with shareholders
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The reason cited is that Ola Electric announced its e-scooter expansion plans first on social media instead of announcing it on the stock exchanges
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India stock exchanges are closed on Tuesday for trading on the occasion of Ganesh Chaturthi. Normal trading will resume tomorrow
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Stock exchanges have slapped fines on state-owned oil and gas firms including IOC, ONGC and GAIL for their failure to meet listing requirements
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Hyderabad: Many retail investors burnt their fingers as the stock markets are in a free fall. BSE, one of the two popular stock exchanges in the country, fell 1,158 points on Thursday. Between May 1 and 12, the BSE lost more than 4,000 points. The market capitalisation on the BSE on May 12 touched Rs […]
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Defining the 'same line of business', Sebi said at least 50 per cent of revenue from the operations of the listed holding and listed subsidiary company must come from the same line of business, said SEBI.
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IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Asian Paints.
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Infosys was the top loser in the Sensex pack, shedding over 3 per cent, followed by M&M, IndusInd Bank, Maruti, Bajaj Finance, UltraTech Cement and ICICI Bank.
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Bajaj Finance was the top loser in the Sensex pack, shedding around 2 per cent, followed by Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank and Reliance Industries.
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Besides, the regulator is also looking to devise a methodology and calculation of compensation.
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Hosts succumb to a comprehensive 227-run loss as England taste first blood
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The new framework is also aimed at increasing participation in the innovation sandbox.
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New HR head replaces Deodutta Kurane, who will be retiring from the bank soon, it said adding both the appointments will be effective January 1.
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After touching its record intra-day peak of 46,373.34, the 30-share BSE Sensex ended 154.45 points or 0.34 per cent higher at 46,253.46, its new closing record.
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Tech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC.
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The listed entities will make disclosures about the fact of initiation of forensic audit along with the name of the entity initiating such audit and reasons for the same, if available, to stock exchanges