INVESTOR INTEREST


Moneylife Digital Team 24 November 2023
Reserve Bank of India (RBI) has imposed a penalty of Rs10.34 crore on Bank of Baroda (BoB), Citibank NA and Indian Overseas Bank for non-compliance with certain directions issued by the central bank.   RBI issued three separate statements on the penalties. A maximum fine of Rs5 crore...

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Moneylife Digital Team 24 November 2023
Reserve Bank of India (RBI) has superseded the board of directors of Abhyudaya Cooperative Bank Ltd for 12 months and appointed Satya Prakash Pathak, former chief general manager (CGM) of State Bank of India (SBI) as administrator to manage the affairs of the cooperative bank during this...

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IANS 24 November 2023
The Reserve Bank of India (RBI) on Friday added 19 entities/platforms/websites to its Alert List of unauthorised forex trading platforms from which people need to stay away as they are illegal.   These entities are neither authorized to deal in forex under the Foreign Exchange...

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Moneylife Digital Team 24 November 2023
Guidelines                                        1. The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters.   2. In this system, A is a higher rank than B and so on. Since, in...

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Moneylife Digital Team 24 November 2023
INDIAN MARKET TRENDS From 17th November to 23 November 2023, ML Small-cap Index rose 2%. ML Micro-cap Index and ML Mid-cap Index rose 1% each. The NIFTY, the Sensex, ML Large-cap Index and ML Mega-cap Index ended flat.                                           FUND...

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Moneylife Digital Team 24 November 2023
The trends of the major indices in the course of the week’s trading are given in the table below:     In a persistent trend, markets maintained a consolidated range, closing flat in yet another session today. Despite this, both benchmarks made a fourth consecutive weekly...

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Moneylife Digital Team 24 November 2023
Flair Writing Industries Ltd (Flair) is one of the leading entities in writing instruments industry in India. With revenue of ₹915.55 crore in FY22-23, it holds a market share of around 9% in the broader writing and creative instruments industry in India, as of 31 March 2023. According to...

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Moneylife Digital Team 24 November 2023
Reserve Bank of India (RBI) has imposed Rs6.25 lakh penalties on five cooperative banks from Gujarat, citing the violation of different laws prescribed by the regulator. RBI has levied a fine of Rs2.5 lakh, the highest among the banks, on Shri Mahila Sewa Sahakari Bank Ltd. Other banks...

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Moneylife Digital Team 23 November 2023
Around 500,000 people who invested in four cooperatives run by the Sahara group are expected to converge in Delhi in December to protest the Union government’s failure to refund their deposits, says a report from The Hindu.   According to the report, a portal launched in July by Union...

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Moneylife Digital Team 23 November 2023
Fedbank Financial Services Ltd (Fedbank) is a retail-focused non-banking finance company (NBFC) promoted by The Federal Bank Ltd. Among the lenders to micro, small and medium enterprises (MSMEs) and those lending against gold, it has third lowest cost of borrowing. As of 31 March 2023,...

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Moneylife Digital Team 23 November 2023
On Thursday, 2064 stocks advanced, 1636 declined and 144 remained unchanged, with an advance decline ratio of 1.26 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table...

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Moneylife Digital Team 23 November 2023
Market regulator Securities and Exchange Board of India (SEBI) has barred for one year P Krishnakumar and Jagadeesan S (noticee) of YM Forecast for providing illegal investment advisory services. Mr Krishnakumar and Mr Jagadeesan has also been slapped with a fine of Rs1 lakh each. SEBI asked...

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Moneylife Digital Team 22 November 2023
Coming down heavily on Baba Ramdev's Patanjali Ayurveda on advertisements against modern medicines and vaccination, the Supreme Court, while asking it not to make any misleading advertisements or false claims, has warned of hefty penalties of Rs1 crore on every product for false or misleading...

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IANS 22 November 2023
Highlighting its unwavering dedication to safeguarding passenger interests, the aviation watchdog, the director general of civil aviation (DGCA) has imposed a fine of Rs10 lakh on Air India for non-compliance with passenger-centric regulations.   DGCA said that it carried out...

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Moneylife Digital Team 22 November 2023
Tata Technologies Ltd (TTL) is a global engineering services company which provides product development and digital solutions, including turnkey options, to worldwide original equipment manufacturers (OEMs) and their tier-1 suppliers. With domain expertise in the automotive industry, TTL...

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Moneylife Digital Team 22 November 2023
On Wednesday, 1622 stocks advanced, 2067 declined and 141 remained unchanged, with an advance decline ratio of 0.78 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

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Moneylife Digital Team 22 November 2023
Goodluck India (Goodluck) reported a robust quarter, with double-digit sales growth and a significant expansion in net profit margins. While all segments experienced revenue growth, the auto tube segment was a standout performer. The company has an order-book visibility spanning the next...

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Moneylife Digital Team 22 November 2023
Yasho Industries Limited (Yasho) manufactures a variety of chemicals that can be broadly classified as food antioxidants, rubber accelerators, lubricant additives, aroma chemicals and specialty chemicals. Its products are used as intermediates in end-user industries of pharmaceuticals,...

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Robert Faturechi  and   Ellis Simani  and   Mariam Elba (ProPublica) 22 November 2023
This story was originally published by ProPublica   Confidential IRS data reveals that David Hoeft, chief investment officer of mutual fund giant Dodge & Cox, was one of many investment managers who bought and sold the same stocks their company was trading.   In late 2015,...

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On 14 November 2023, when the Sahara group founder, Subrata Roy died, hundreds of questions about this strange business group remained unanswered. The Sahara story consists of Mr Roy's grandiose dreams, shocking controversies and inflow of tens of thousands of crore rupees from crores of...

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