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Sebi orders do not affect functioning as an exchange, says NSE

Sebi orders do not affect functioning as an exchange, says NSE

BCCLSebi's orders would do not affect its functioning as a recognised stock exchange, the bourse said in a statement.NEW DELHI: A day after Sebi passed orders against it in the co-location case, National Stock Exchange said Wednesday the orders do not affect its functio

Shoppers Stop's Q4 net profit falls 45% to Rs 11.45 crore

Shoppers Stop's Q4 net profit falls 45% to Rs 11.45 crore

Getty ImagesThe total income stood at Rs 3,499.19 crore in FY 2018-19 as against Rs 3,607.51 crore in the previous fiscal.MUMBAI: Retail chain Shoppers Stop Wednesday reported nearly 45 per cent decline in its standalone net profit at Rs 11.45 crore for the March quarte

Sebi imposes Rs 79 lakh fine on MD, 6 directors of Ranklin Solutions

Sebi imposes Rs 79 lakh fine on MD, 6 directors of Ranklin Solutions

ReutersSebi found that the MD of the firm, MJVVD Prakash, failed to make requisite disclosures under Takeover norms.NEW DELHI: Markets watchdog Sebi has imposed a total penalty of Rs 79 lakh on the managing director and six directors of Ranklin Solutions for disclosure

L&T buys VG Siddhartha, Coffee Day stake in Mindtree for Rs 3,210 crore

L&T buys VG Siddhartha, Coffee Day stake in Mindtree for Rs 3,210 crore

ThinkStock PhotosThe infrastructure major is in fray to buy up to 66 per cent stake in the Mindtree for around Rs 10,800 crore.NEW DELHI: Infratsructure major Larsen & Toubro has purchased around 20 per cent stake of V G Siddhartha and Coffee Day in Mindtree through blo

Gold slides on sluggish demand, silver firms up

Gold slides on sluggish demand, silver firms up

Getty ImagesSovereign gold held steady at Rs 26,400 per eight gram.NEW DELHI: Gold prices Wednesday fell by Rs 75 to Rs 32,870 per 10 gram at the bullion market here due to sluggish demand from jewellers amid weak trend overseas, according to the All India Sarafa Associ

Fed eyes inflation as Trump pushes rate cut: Decision-day guide

Fed eyes inflation as Trump pushes rate cut: Decision-day guide

ReutersThat said, Powell can also expect to be quizzed in the press conference about what would prompt a rate cut, a question he dodged after the March FOMC meeting.By Steve Matthews Federal Reserve policy makers may decide Wednesday that falling inflation reinforces a

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