Welspun Corp Q1 Results: Profit nearly triples to Rs 1,048 crore
It had reported a net profit of Rs 349.16 crore in the same period a year ago, the company said in an exchange filing.
Author: FinSiddhi
Sebi bars former Axis MF dealer Viresh Joshi from securities markets for 7 years front-running case
Sebi has banned Viresh Joshi and Prijesh Kurani from the securities market for seven years. This action stems from a front-running case involving Axis Mutual Fund trades. The regulator also ordered Rs 30.56 crore in impounded funds to be treated as disgorgement. Joshi allegedly shared non-public fund information with Kurani for illicit trading. The scheme…
Sebi clears IPOs of Intellius Recode, Nityas Gems & Jewellery
Sebi approved the IPOs of Intellius Recode and Nityas Gems and Jewellery. Intellius plans to raise Rs 117 crore for AI-led digital worker development, while Nityas Gems will use fresh issue proceeds to fund working capital and business expansion.
Quote of the day by John Rogers: “All of us, all of the time, have to be on guard against groupthink”
Veteran investor John Rogers emphasizes the constant need to guard against groupthink. This phenomenon occurs when individuals conform to group views instead of independent evaluation. Encouraging diverse perspectives and challenging assumptions improves decision-making in various settings.
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: US stock futures tick higher after tech rout; Mideast, tariffs in focus
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India regulator bars former Axis MF dealer for seven years in front-running case
India’s financial watchdog has penalized former Axis Mutual Fund chief dealer Viresh Joshi with a hefty thirty million rupee fine for leaking sensitive trading data. Joshi allegedly collaborated with others to execute a coordinated front-running scheme from 2021 to 2022, utilizing mule accounts and WhatsApp to make illicit profits from fund transactions. As a consequence,…
Market wrap: HCLTech, Bajaj Finance, Eternal among top gainers and losers on Nifty and Sensex on Friday
Indian equities fell for a fifth straight session as Brent crude stayed above $100, FII selling and global concerns weighed on sentiment. Analysts warned of persistent volatility, rising inflation risks and a deeper correction if Nifty slips below the 23,600 support.
Hero MotoCorp Share Price Highlights: Hero MotoCorp Stock Price History
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L&T Share Price Highlights: L&T Stock Price History
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ICICI Bank Share Price Live Updates: ICICI Bank prices $1 billion debt in largest dollar issue by Indian private lender
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