Tag: SEBI

Daily Market Highlights OCT 22

Reliance and the Adanis fight over green hydrogen, GAIL is likely to build India’s largest green hydrogen plant As Reliance and the Adanis fight over green hydrogen, GAIL is likely to build India’s largest green hydrogen plant over the next one year. This will supplement GAIL’s natural gas business with carbon-free fuel. It is looking

Daily Market Highlights OCT 19th

RIL-Future deal: NCLT allows Reliance Retail to seek creditors’ nod The NCLT Mumbai Bench has allowed Reliance to go ahead and seek creditors’ nod for the proposed deal between Reliance Retail and the Future group. NCLT has set aside objections raised by Amazon as being premature. Reliance Retail will be reorganizing companies ahead of the

Daily Market Highlights SEP 30

Previous Day Market Update  Sensex closed at 59667.60 down by -410.28 points Nifty closed at  17748.60 down by -106.50 points Invesco Fund, which holds an 18% stake in Zee Entertainment, moved NCLT to call an EGM of shareholders to induct its nominees on the board of Zee Entertainment. Invesco has sought the intervention of NCLT

Daily Market Highlights SEP 29

  Previous Day Market Update  Sensex closed at 59,667.60 down by −410.28 points Nifty closed at  17,748.60 down by -106.50 points S&P Global hinted at a strong rebound in GDP in India even as it simultaneously pared China’s growth forecast. It has cited the imminent default of Evergrande as a key risk factor. While S&P maintained India’s

Daily Market Highlights SEP 28

Previous Day Market Update  Sensex closed at 60077.88 up by 29.41 points Nifty closed at  17853.10  up by 1.90 points BPCL will invest Rs.100,000 crore over the next 5 years to make the business future ready. This is likely to make the company a lot more attractive from a privatization perspective. These investments include investments

Daily Market Highlights SEP 23

Previous Day Market Update  Sensex closed at 58919.27 Down by -85.72 points Nifty closed at  17545.60 Down by -16.40 points Chennai based Data Patterns India, which supplies electronic systems to defence and aerospace, filed DRHP with SEBI for its proposed IPO. The IPO will consist of Rs.300 crore fresh issue and an OFS of 60.71