INVESTOR INTEREST


Moneylife Digital Team 05 August 2021
Market regulator Securities and Exchange Board of India (SEBI) wants to align interest of asset management companies (AMCs) and their employees with the unitholders of the mutual fund (MF) schemes. For this, part compensation to key employees would be given in the form of units of MF schemes...

Read More



Moneylife Digital Team 05 August 2021
We had mentioned in Wednesday’s closing report that Nifty, Sensex were trending higher. On Thursday, the indices were a bit volatile but ended with minor gains. On the NSE, there were 609 advances, 1,408 declines and 0 unchanged.   The trend of the major indices on Thursday’s trading...

Read More



Moneylife Digital Team 05 August 2021
Market regulator Securities and Exchange Board of India (SEBI) has allowed mutual funds to maintain current accounts in an appropriate number of banks for receiving the subscription amounts and for payment of redemption to investors. Interestingly, banking regulator Reserve Bank of India...

Read More



Moneylife Digital Team 05 August 2021
The stock of Neuland Laboratories (Neuland) was trading around Rs1,950 on the National Stock Exchange (NSE) for nearly three hours before it nosedived to Rs1,864, a dip of 5% from the previous day’s close. The decline was on account of its poor performance for the June quarter. Revenue...

Read More



Moneylife Digital Team 04 August 2021
Paying heed to outrage on social media and requests by banks, the Reserve Bank of India (RBI) has extended the deadline to 31st October from 31 July 2021 for implementation of its guidelines for banks on current account opening.    In a notification, RBI says, “Banks will be permitted...

Read More



Moneylife Digital Team 04 August 2021
We had mentioned in Tuesday’s closing report that Nifty, Sensex may continue to rise. On Wednesday, the indices opened higher and closed with decent gains. On the NSE, there were 609 advances, 1,408 declines and 0 unchanged.   The trend of the major indices on Wednesday’s trading are...

Read More



Moneylife Digital Team 04 August 2021
Exxaro Tiles Ltd (ETL), which makes vitrified tiles, started as a partnership firm in 2007-08 as a manufacturer of frit, which is one of the raw materials used in manufacturing of tiles. Over the years, it has transformed itself as a manufacturer of vitrified tiles. ETL’s product catalogue...

Read More



Moneylife Digital Team 04 August 2021
Windlas Biotech Ltd (WBL) is amongst the top-5 players in the domestic contract development and manufacturing organisation (CDMO) of pharmaceutical formulations in India, in terms of revenues. WBL provides CDMO services ranging from product discovery, product development, licensing and...

Read More



Moneylife Digital Team 04 August 2021
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs50.35 lakh on Janalaxmi Co-operative Bank from Nashik for non-compliance with its directions.   The banking regulator said that the Janalaxmi Co-operative Bank did not follow directions issued on 'Placement of...

Read More



Essel Group Chairman Subhash Chandra said on Tuesday that he has settled 91.2 per cent of the debt to 43 lenders.   In an open letter, he said that the remaining dues are in the process of being paid.   In his first open letter issued on January 25, 2019, Chandra had...

Read More



Sucheta Dalal Sucheta Dalal 04 August 2021
The National Stock Exchange (NSE) released its annual report over the weekend, making news for the announcement that it was planning to apply again for an initial public offering (IPO). The Indian capital market is in a rare bull market where food delivery major Zomato is seeing its share...

Read More



Moneylife Digital Team 03 August 2021
The Rs1,213-crore initial public offering (IPO) of Krsnaa Diagnostics (Krsnaa) will open for subscription on Wednesday, 4 August 2021, at a price band of Rs933-Rs954 per share. Krsnaa is a large diagnostic service-provider offering a range of technology-enabled diagnostic services such as...

Read More



Moneylife Digital Team 03 August 2021
IndusInd Bank says it has been empanelled by the Reserve Bank of India (RBI) to act as an 'agency bank' to facilitate transactions related to government businesses. The bank said this will strengthen the bank's presence within the government domain.   The announcement follows a recent...

Read More



Moneylife Digital Team 03 August 2021
We had mentioned in Monday’s closing report that Nifty, Sensex may head higher. On Tuesday, the indices opened higher and made huge gains. On the NSE, there were 1,021 advances, 992 declines and 8 unchanged.   The trend of the major indices on Tuesday’s trading are given in the table...

Read More



Moneylife Digital Team 03 August 2021
Almost a month after State-owned Punjab National Bank (PNB) asked PNB Housing Finance (PNBHFL)’s board to "reconsider restructuring" its fund-raising plans, CS Mallikarjuna Rao the managing director (MD) and chief executive officer (CEO) of PNB, said the lender never objected to the deal...

Read More



The Securities and Exchange Board of India (SEBI) has barred Green Money Solution (GMS) and its proprietor Arvind Patidar from the securities market for involving in investment advisory activities without being registered with the capital market regulator.   In an interim ex-parte...

Read More



Moneylife Digital Team 03 August 2021
Recently, Laurus Labs (Laurus) has become one of the favourite stocks in the pharmaceutical space and rightfully so, since it has been delivering better performance over the previous few quarters. It has started FY21-22 with strong performance. In the June quarter, Laurus reported revenue...

Read More



Moneylife Digital Team 03 August 2021
GNA Axles (GNA) is a leading niche player in axle shafts and spindle manufacturing for medium and heavy commercial vehicles (MHCV) and tractors in domestic market and has a strong presence in export markets. It has recently also entered the light commercial vehicles (LCV) space. GNA derives...

Read More



Moneylife Digital Team 03 August 2021
Market regulator Securities and Exchange Board of India has allowed asset management companies (AMCs) to offer instant access facility in overnight schemes of mutual funds. Earlier, AMCs were allowed to offer such a facility only in liquid schemes. Instant access facility (IAF) facilitates...

Read More



Moneylife Digital Team 03 August 2021
Devyani International Ltd (DIL) is India’s franchisee of Yum Brands (Yum), owners of KFC and Pizza Hut. It operates 696 quick service restaurants (QSR) across 166 cities in India, as of Q1FY20-21. DIL is also a franchisee for ‘Costa Coffee’ brand and stores in India. KFC, Pizza Hut and Costa...

Read More

Free Helpline
Legal Credit
Feedback