Security Financial News
12.06 / 08:43
markets
Provident
security
information
Schools
TS TET Result 2024 Announced: Here is direct link, how to download scorecard, what's next
TSTET Results 2024 today, June 12, 2024. Aspiring candidates can now access their Telangana TS TET Result 2024 by visiting the official website tstet2024.aptonline.in.
12.06 / 08:15
12.06 / 07:29
markets
IPO
FIVE
security
Remark
Enterprise
information
A case for bolstering SME IPOs for the wealthy investor
There is a life lesson to be had in the growth of Chinese bamboo. The tree takes about five years to sprout. But once it does, it has a growth spurt, rising to even 80 feet in just a few weeks. That is what has been happening with SME IPOs in the recent past.
12.06 / 06:05
markets
security
Trade
show
information
2020
recommendations
Sebi slaps ₹2.6 crore fine on former CNBC Awaaz anchor Pradeep Pandya, 7 others; bans from securities market for 5 yrs
₹2.6 crore collectively for indulging in fraudulent trading activities.Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF, Manish V Furiya HUF, Mahan Investment and Toshee Trade are others banned by Sebi.Pandya was the host/co-host of various shows at CNBC Awaaz till August 2021, while Alpesh Furiya appeared on the television channel as a guest or external expert and gave stock recommendations on his Twitter handle.Sebi has restrained Pandya, Alpesh Furiya, and other six entities from “accessing the securities market and further prohibited from buying, selling, or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner whatsoever, for a period of five years."Also Read: Why Sebi's reviewing the eligibility criteria for derivatives trading?The regulator also levied a fine of ₹1 crore each on Pandya and Alpesh Furiya and ₹10 lakh each on the remaining six entities.
12.06 / 05:31
markets
IPO
Booking
Manufacturing
security
Experts
band
Magenta Lifecare share price makes a strong debut, stock opens with 29% premium at ₹45 on BSE SME
₹45, which is 28.57% higher than the issue price of ₹35. Following a positive debut, the stock was locked in 5% upper circuit.Magenta Lifecare IPO opened for subscription on Wednesday, June 5 and concluded on Friday, June 7.
12.06 / 05:31
markets
FIVE
security
economy
Research
trends
Experts
Modi 3.0: Can Anil Ambani's Reliance Power follow Gautam Adani's power business to emerge as next market leader?
Modi 3.0: After the portfolio allocation in Modi cabinet 2024, the market is expecting the power theme to work in the Indian stock market in the next five years. As Anil Ambanni's Reliance Power share price has been skyrocketing for the last five straight sessions, some observers are guessing whether Anil Ambani's Reliance Power shares would emerge as market leader in Modi 3.0. They are upbeat about Anil Ambani's Reliance Power shares as the company has become entirely debt-free.
12.06 / 05:31
UPS
IPO
security
Trade
Experts
information
Sattrix Information shares make an impressive debut, list at a 24% premium
₹150 apiece at a premium of 24 per cent against its issue price of ₹121. Sattrix Information share price was listed at a premium following a stellar subscription to the Sattrix Information IPO.The stock extended its gains further and traded at ₹152 apiece around 10:30 am.
12.06 / 05:31
markets
Provident
Manufacturing
security
awards
Trade
Daimler
TVS Supply Chain Solutions stock jumps 9% after company secures 5-year contract with Daimler Truck AG
TVS Supply Chain Solutions, one of the largest and fastest-growing integrated supply chain solutions providers in India, gained nearly 9% in today's early trade after the company won a new 5-year strategic contract with Daimler Truck Southeast Asia Pte Ltd, a Daimler Truck AG company, for Integrated Supply Chain Solutions (ISCS) service in Singapore. "This contract solidifies TVS SCS as a primary logistics partner for Daimler Truck AG, the world's largest manufacturer of commercial vehicles, reinforcing the organisation's commitment to delivering exceptional logistics services between Germany and the Asia-Pacific region.
12.06 / 05:03
markets
UPS
Target
security
WhatsApp
reports
Buy India Shelter Finance Corporation, target price Rs 800: ICICI Securities
India Shelter Finance Corporation with a target price of Rs 800. The current market price of India Shelter Finance Corporation Ltd. is Rs 652. India Shelter Finance Corporation Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 6965.82 Crore) operating in NBFC sector.
12.06 / 05:03
markets
UPS
Platform
security
Trade
Updates
ET Explainer: NAV of a mutual fund
mutual fund scheme declares its net asset value (NAV) at the end of each working day. The NAV is updated daily at 11 pm for all schemes, except for fund of funds, which are updated at 10 am the next day and displayed on websites of the fund house, AMFI, and investment platforms.
12.06 / 05:03
markets
IPO
Platform
security
Enterprise
Trade
information
Sattrix Information debuts with 24% premium on BSE SME platform
Sattrix Information Security were listed on the BSE SME platform with a premium of 24% on Wednesday. The stock debuted at Rs 150 as against an issue price of Rs 121 per share. Ahead of the listing, the company's shares traded with a premium of Rs 15 in the unlisted market.
12.06 / 02:53
Art
Digital
security
social
Courts
American investor Martin Shkreli accused of copying and sharing one-of-a-kind Wu-Tang Clan album
American investor Martin Shkreli is facing a new lawsuit for allegedly retaining and sharing recordings from a one-of-a-kind Wu-Tang Clan album that he was forced to sell following his 2017 conviction on fraud charges
12.06 / 02:39
12.06 / 01:59
11.06 / 23:57
security
Bank
reports
prevention
Investigations
South Korean Bank Employee ‘Stole $7.3 Million’ to Spend on Crypto
A worker at the South Korean bank Woori has admitted to stealing some $7.3 million worth of company funds to spend on crypto investments.
11.06 / 21:25
markets
Provident
CEO
security
Southern
Videos
International
Waffle House raises worker pay after strikes and pressure from labor organizers
Waffle House is increasing pay for its U.S. workers after a push from labor advocates
11.06 / 21:23
markets
security
Enterprise
Research
community
social
As clock ticks on succession boom, a third of business owners don’t have a plan
While two-thirds (64 percent) of business owners have a succession plan in place, a new study by Edward Jones highlights the complexities and emotional challenges entrepreneurs face in preparing for succession.
11.06 / 21:23
11.06 / 20:17
UPS
security
Charity
Food
donates
Schools
$842.4 million Powerball lottery jackpot! What the winners will do to whopping amount? Winning numbers, more details
Powerball lottery jackpot? A mid-Michigan couple has announced the winners of the lottery on the ticket they bought on New Year's Day. According to 'Yahoo! News', Michigan Lottery Commissioner Suzanna Shkreli said that the Breakfast Club lottery club decided to take a cash lump sum of $305 million after taxes. The Breakfast Club, member and Attorney Mark Harder said the middle-aged couple has “been elated and overwhelmed, thrilled and nervous”. The winning numbers of the draw were 12, 21, 42, 44, 49 and red Powerball: 1.
11.06 / 20:17
security
WhatsApp
Mercantile
reports
Courts
rights
Rare ARC bids for SBI's claims on Reliance naval loan guarantees
State Bank of India's claims arising from the personal guarantees issued by Nikhil Gandhi and Bhavesh Gandhi, the promoters of SKIL Infrastructure.
11.06 / 17:27
Dash
security
Dreams
Trade
consequences
information
prevention
Indian counterpart of Hari Tibrewala’s plan to buy a broking firm dashed
demat accounts, and the prohibition on the transfer of any assets without prior permission from the ED, DACSP has been incapacitated from conducting the transaction as envisaged," Sarbani Bhagat, a director at Dream Achiever Consultancy, wrote in a letter dated 10 June to BLB promoter Brij Rattan Bagri, who had agreed to sell his stake in the brokerage to DACSP.Bhagat further explained that these legal impediments have prevented DACSP from obtaining necessary approvals from stock exchanges and Securities and Exchange Board of India (Sebi), as the company no longer meets the criteria required to run a broking business. The intervening circumstances have frustrated the economic activity intended by the Agreement, Bhagat added, preventing DACSP from fulfilling its obligations within the mandatory timeline of 150 days, which is soon to lapse on 15 June 2024.“We regretfully inform you that we are constrained to terminate the Agreement and will be applying to SEBI to seek withdrawal of the open offer," he wrote.BLB promoter Brij Rattan Bagri and his family had on 17 January agreed to sell their 36.84% stake in the Delhi-based company to DACSP, which already owned 8.45% in it.
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