Shares of Reliance Power gained as much as 15% to their day’s high of Rs 50.75 on the NSE on Friday, October 10, amid renewed buying interest and strong volumes. Data showed that around 7 crore equity shares of the company changed hands, compared to its one-week and one-month average trading volumes of 2 crore … Read more
Shares of Adani Enterprises surged as much as 3.4% on Monday to Rs 2,610 on the BSE, taking gains over the past two sessions to 8.7%. The rally comes in the wake of the Securities and Exchange Board of India (Sebi) clearing the Adani Group of stock manipulation allegations, reinforcing investor confidence in the conglomerate. … Read more
Avanse Financial Services Ltd., an Indian education financing provider backed by private equity firm Warburg Pincus, is considering delaying its initial public offering as demand for loans slows due to stricter US visa rules, according to people familiar with the matter. The Mumbai-based company might wait for the overseas loan market to improve before resuming … Read more
India’s markets regulator on Monday proposed that low-value transactions between interconnected entities, or “related parties”, no longer need to be disclosed and that only some of such high-value deals need shareholder approval. These proposals are part of the Securities and Exchange Board of India‘s (SEBI) relook at the required disclosures on labour, environment and other … Read more
Dialysis services provider Nephrocare Health Services Limited has filed the draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). The company plans to raise Rs 353.4 crore via issue of fresh shares. According to the DRHP, the proposed IPO … Read more
A sharp correction has gripped India’s unlisted equity market over the past few weeks, with shares of marquee IPO-bound firms like the National Stock Exchange (NSE), National Securities Depository Ltd (NSDL), and Tata Capital and others sliding as much as 21% from their recent peaks. The selling pressure has intensified in the wake of HDB … Read more
Markets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform, will open on August 25. The settlement scheme would conclude on February 25, 2026, the Securities and Exchange Board of India (Sebi) said in a statement. The scheme aims to provide a … Read more
In a significant move aimed at streamlining the exit process for certain Public Sector Undertakings (PSUs), the Securities and Exchange Board of India (Sebi) on Wednesday introduced special measures to facilitate their voluntary delisting. The reforms were approved in the 210th Sebi board meeting and apply to PSUs—excluding banks, NBFCs, and insurance firms—where the Government … Read more
Markets regulator Sebi has barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 other entities from the securities markets for 1-5 years in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhna Broadcast. The regulator imposed a fine of Rs 5 lakh each on Warsi and … Read more
Capital markets regulator Sebi has introduced a comprehensive set of reforms to strengthen risk monitoring and make the equity derivatives market safer and more transparent for investors. This comes amid rising retail participation, surging expiry-day volumes, and the growing complexity of index options. “Derivatives market enables efficient price discovery, improves market liquidity and permits investors … Read more