Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open lower on Monday tracking mixed global market cues. Asian markets traded higher ahead of key economic data releases in the region, while the US stock indices ended lower last week. Market participants will watch out for several stock market triggers … Read more
Zee Entertainment Limited (ZEEL) might file a suit against Culver Max Entertainment (Sony India) claiming damages if the much-awaited merger between the two companies fails to go through by January 20, a report said. Top company officials informed Hindu Businessline that Zee was compelled to close down certain lucrative ventures in order to adhere to … Read more
tock Market today| Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 18 October 2023. You have updates ALL UPDATES October 18, 2023 09:41 Stock in Action: Grasim Industries The cement maker restarted operations of Carbon Disulphide refining on Tuesday … Read more
Mumbai: Sony Pictures Entertainment (SPE), the global entertainment unit of Japan’s Sony Group Corp., has initiated talks with Walt Disney Co. about a potential acquisition of its India business, said two people with direct knowledge of the matter. The preliminary discussions with Disney are part of Sony’s contingency plan in case its ongoing merger agreement … Read more
The planned migration to this platform, which was expected to take place by October 3, is now unlikely to occur within the initial projected timeframe. Shares of Multi Commodity Exchange of India (MCX), the country’s largest commodity derivatives exchange, slumped over 8 percent on September 29, clocking maximum fall since June. This came after market regulator … Read more
In a recent development, Axis Finance has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) challenging the National Company Law Tribunal’s (NCLT) decision to approve the merger between the company and Sony. This information was confirmed by Zee Entertainment. The company in an exchange filling said that which stated that a notice … Read more
The Securities and Exchange Board of India (Sebi), the capital markets regulator, is placing a significant emphasis on technology advancements, with plans to introduce a Geotagging solution in the ongoing financial year to bolster its enforcement procedures. As part of its technology-centric approach, Sebi is initiating multiple projects to strengthen its information technology (IT) capabilities … Read more
Capital markets regulator Sebi is betting big on technology, as it plans to implement a Geotagging solution in the current financial year to strengthen the process of its enforcement activities. While focussing on technology, Sebi said it plans to undertake various projects to boost its information technology (IT) capacity and build a “fault-tolerant” architecture. The … Read more
A set of announcements over the past few days have fuelled hopes of some sort of policy convergence in the Indian financial sector. First, finance minister Nirmala Sitharaman announced that the government would soon unveil rules on allowing Indian firms to list directly on overseas exchanges and at the International Gift City exchange in Gujarat. … Read more