Tata Group To Move To 70 Per Cent Green Energy By 2030, Says N Chandrasekaran Tata Group said on Saturday that it plans to transition to 70 per cent renewable energy by the end of the decade. Addressing the XLRI-Xavier School of Management convocation in Jamshedpur, N Chandrasekaran, Chairman, Tata Sons, said, “Nation-building impulse is … Read more
TCS Shares Dip 3% As Tata Sons Divests 0.65% Stake Tata Consultancy Services (TCS) witnessed a significant drop of over 3 per cent in its share value during Tuesday’s morning trade, as Tata Sons, its promoter, offloaded approximately 2.3 crore shares, representing a 0.65 per cent equity stake in the IT services giant, through block … Read more
IDBI Capital Markets & Securities Settles Stock Broker Violation Case With SEBI IDBI Capital Markets & Securities paid Rs 13 lakh in settlement charges to markets regulator, SEBI, regarding alleged violations of stock broker norms. The firm opted to settle the instant proceedings started against it, without admitting or denying the findings in the matter. … Read more
SEBI Issues Relaxation In Norms For FPIs The Securities and Exchange Board of India announced on Friday a relaxation in norms for Foreign Portfolio Investors (FPIs). The markets regulators said that it is exempting additional disclosure requirements for FPIs with over 50 per cent of their India equity assets under management in a single corporate … Read more
The US Federal Reserve meets next week to decide whether to maintain rates at the current level or to make a beginning to its monetary easing policy. But, before that the focus is now on the US CPI numbers for February, which are due today. The February 2024 CPI data are scheduled to be released … Read more
The United States Federal Reserve’s (US Fed) two-day monetary policy meeting is being held from December 12-13 (Eastern Standard Time – EST). And on Wednesday (EST) Fed Chair Jerome Powell will announce the central bank’s rate decision in a press conference. Known as the Federal Open Market Committee’s meeting (FOMC Meeting), the rate announcement will … Read more