Sebi has stated that off-market transactions involving share sales are distinct from public issues, particularly when current shareholders opt to sell unlisted equity shares privately. A limit of two hundred purchasers per financial year must be adhered to. This clarification was specifically made in response to IDBI Bank’s proposed divestment strategies, confirming that such actions…

Sebi has announced an extension for regulated entities to complete their digital accessibility audits, moving the deadline to October 31, 2026. This extension replaces the previous date of April 30, and provides additional time for remediation until July 31. The decision comes in response to industry calls for more time to ensure compliance with laws…

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The Nasdaq opened higher on Friday, boosted by Amazon’s strong cloud revenue growth. This performance eased concerns about artificial intelligence returns among major tech firms. The Dow Jones Industrial Average saw a slight increase at the opening bell. The S&P 500 also rose, reflecting positive market sentiment. The Nasdaq Composite experienced a significant jump at…

Kay Jay Forgings and Polite Powertech have secured Sebi approval to launch their IPOs. Kay Jay plans to raise Rs 300 crore through a fresh issue along with a Rs 60 crore offer for sale, while Polite Powertech aims to fund working capital and business expansion through its public issue.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

The Nasdaq opened higher on Friday, boosted by Amazon’s strong cloud revenue growth. This performance eased concerns about artificial intelligence returns among major tech firms. The Dow Jones Industrial Average saw a slight increase at the opening bell. The S&P 500 also rose, reflecting positive market sentiment. The Nasdaq Composite experienced a significant jump at…

The Supreme Court has stayed a Central Information Commission order. This order declared the National Stock Exchange of India a public authority. The NSEI challenged this ruling, seeking a response from the commission. The High Court had previously agreed with the NSEI’s classification. This decision allows citizens to seek information from the exchange.

Nine BSE 100 stocks, led by Bajaj Finance and TVS Motor, hit fresh 52-week highs on Friday, gaining up to 24% in a month amid improving market sentiment and strong buying interest.

Maruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs linked to the West Asia crisis squeezed margins. Revenue and sales volumes grew strongly, while the company approved Rs 561 crore for four compressed biogas projects.