Deepak Fertilisers And Petrochemicals among a host of other companies may likely remain in focus today as they had fixed September 3 as the record date for the purpose of payment of dividend to its eligible shareholders. This means today is the last day to buy shares of these companies to qualify for the announced … Read more
Market regulator Securities and Exchange Board of India (Sebi) has imposed a penalty of Rs 11 lakh on IIFL Securities after finding the company in violation of stock brokers’ norms. Sebi conducted an inspection of IIFL Securities between August 18 and August 25, 2022 to look into various compliance requirements for the period beginning April … Read more
Anuj Kumar, MD & CEO, CAMS, says at the CAMS level, they have about 75% share in net equity sales, which is a very strong foundational metric to see which way overall assets are heading and combined with their investment in technology, talent and overall in risk and compliance kind of dimensions, they are poised … Read more
Mumbai: ICICI Bank has provided a ₹2,675 crore debt facility to Tata Steel for a term of three years to repay its existing debt, said people aware of the development. Tata Steel has raised ₹2,700 crore through unsecured fixed-rate bonds at 7.79%, show documents filed with National Securities Depository Ltd. Tata Steel will make a … Read more
2020 GMC Sierra AT4Image: GMC The dark underbelly of car buying that is un-affordability and bad financial decisions is always with us. Car payments are still at all time highs, and more people than ever are underwater on their auto loans. That hasn’t seemed to stop people from wanting to go into debt for a … Read more
Image: Toyota Your twenties are the perfect time to screw up and try to get your shit figured out. Sometimes it takes getting to the rock bottom before you can dig yourself out of it. For the sake of everyone involved here, I hope this young woman on Caleb Hammer’s Financial Audit show has reached … Read more
Mumbai: After a decade, during when the equity markets have undergone dramatic changes, the Indian capital market regulator is planning to build a larger and more resilient settlement guarantee fund (SGF) which is created to meet contingencies arising on account of failure of payment by any broker member of a stock exchange. Besides reviewing the … Read more
Mumbai: SD Corporation, a wholly-owned company of Shapoorji Pallonji Company, rescheduled coupon payments on its ₹750 crore bonds by two months to March 31, 2024, with an agreement that it will deposit the coupon in an escrow account a day before the due date, said people with knowledge of the matter. The company is engaged … Read more
