Ajay Bhatia, ex-CEO of QuantLase Lab LLC, settled an insider trading case with Sebi by paying ₹1 crore. The settlement includes a six-month market debarment and returning ₹55.3 lakhs with interest. The case involved Adani Green Energy’s share issuance to IHC, where Bhatia allegedly received unpublished price-sensitive information.Read More
Markets saw a slight increase amid optimism about policy changes and strong domestic investment, though FII selling and anticipation of the US Fed’s policy decision tempered gains. Nifty is approaching 25,500, supported by banking strength and sector rotation. Several companies like ZEE, Apollo Tyres, and Hyundai India are in focus due to recent developments.Read More
Indian equities closed higher on Wednesday, fueled by optimism surrounding India-US trade negotiations and anticipation of a US Federal Reserve rate cut. The market is expected to continue its upward trend, supported by progress in trade talks, potential global liquidity boost, and positive sectoral cues. The rupee also appreciated against the US dollar.Read More
NaBFID is prioritizing bank loans over bond markets this year due to lower interest rates and significant borrower prepayments exceeding ₹10,000 crore. Banks are offering rates below 7%, making them more attractive than bond issuances. This shift in strategy follows repo rate cuts, enabling banks to provide cheaper financing.Read More
iValue Infosolutions, an enterprise technology services provider, is set to raise up to ₹560 crore through an offer for sale, reducing the promoter group’s stake to 32.7%. The company’s revenue dipped in FY24 but recovered in FY25, with net profit increasing. Investors may consider waiting for a stable financial pattern post-listing, given the fluctuating cash flow and lower Ebitda margin.Read More
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