Capital markets regulator Sebi on Friday said Synoptics Technologies and its promoters will remain barred from the securities market till the outcome of a probe in a case of alleged siphoning off IPO proceeds. The company’s promoters are Jatin Shah, Jagmohan Manilal Shah and Janvi Jatin Shah have also been debarred by the regulator. “I…hereby … Read more
U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed to extend funding, curtailing key oversight functions, stymieing initial public offerings, and limiting some market and economic data. The shutdown, which began at midnight, will force the Securities and Exchange Commission to furlough more than … Read more
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. “We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process,” PayNearby founder, MD and CEO Anand Kumar Bajaj told … Read more
Sebi will “engage” with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday. He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts. … Read more
Maharashtra Chief Minister Devendra Fadnavis on Wednesday (September 17, 2025) said Chhatrapati Sambhajinagar will become the country’s Electric Vehicle (EV) capital as it is a favourite investment destination. He was speaking at the Marathwada Mukti Sangram memorial at Siddharth Garden in Chhatrapati Sambhajinagar, located in the Marathwada region. September 17 marks the anniversary of Marathwada’s … Read more
Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve. According to the All India Sarafa Association, the precious metal of 99.5 per cent purity appreciated Rs 1,800 … Read more
The International Finance Corporation is set to pocket hefty returns from Tata Capital‘s upcoming USD 2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to trim its stake in the non-banking finance company. The International Finance Corporation (IFC) will offload 3.58 crore shares in the offering, exiting part of … Read more
Enforcement Directorate arrested Aryan Singh, chief operating officer of Capital Protection Force Pvt. Ltd. The Enforcement Directorate (ED), Hyderabad, arrested Aryan Singh, chief operating officer of Capital Protection Force Pvt. Ltd., in connection with the multi-crore Falcon invoice discounting scam. Singh was taken into custody on Tuesday (September 2, 2025) under the Prevention of Money … Read more
Markets regulator Sebi has proposed a new accredited investors-only alternative investment fund (AIF) regime with lesser compliance rules, a move aimed at enabling sophisticated investors to back higher-risk ventures more efficiently, its senior official said on Thursday. Separately, Sebi is also working on an FPI (Foreign Portfolio Investors) portal, a one-stop shop that will provide … Read more
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets. The State Council – China’s cabinet – will review and possibly approve a roadmap later this month for … Read more