Stocks Archives

30 Mar

SEBI Fines Basant Maheshwari Wealth For Fee Norm Violation, Exaggerated YouTube Captions

MFNews0 CommentsBusiness, Shares, Stocks, Technology

#SEBIFinesBasantMaheshwariWealth Mumbai: The Securities and Exchange Board of India (SEBI) has imposed a Rs 4 lakh penalty on Basant Maheshwari Wealth Advisers LLP for breaching investment adviser regulations, including violations related to misleading advertising practices. A finding from SEBI’s inspection, conducted on December 29, 2023, covering the period from October 19, 2023, to December 31, 2023, was the firm’s use of exaggerated captions in its YouTube videos. SEBI’s advertising code prohibits investment advisers from making misleading claims or using exaggerated promotional content to attract investors. The firm’s marketing practices, particularly on digital platforms, were found to be non-compliant with these…

28 Mar

Ardee Engineering Limited files DRHP with SEBI to raise Rs. 580 crore

MFNews0 CommentsBreaking News, Business, Mutual Funds, Shares, Stocks, Technology

#ArdeeEngineeringLimitedIPO Chandigarh: Ardee Engineering Limited, an integrated design, engineering and manufacturing company having three primary business lines - pre-engineered buildings (PEB), material handling systems (MHS) and engineering services has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs. 580 crore through an initial public offering (IPO). According to the DRHP, the Initial Public Offering of the Hyderabad headquartered company consists of a Fresh Issue of equity shares aggregating up to Rs. 500 crore and an Offer for Sale of equity shares aggregating up to Rs. 80 crore by the Promoter Selling Shareholder, Chandra Sekhar…

23 Mar

Ashwani Bhatia, SEBI Member launches NSE’s dedicated website for Indian Municipal Bonds

MFNews0 CommentsBrands, Breaking News, Mutual Funds, Stocks

#SEBINSEMCBonds #NiftyIndiaMunicipalBondIndex Chandigarh: Ashwani Bhatia, SEBI Whole-Time Member, today launched NSE’s dedicated website for municipal bonds. The website will serve as a centralized hub for market participants, offering comprehensive data on Indian municipal bonds market including issuances, credit ratings, trading volumes, intrinsic yields, and prices along with historical performance of India’s first municipal bond index – the Nifty India Municipal Bond Index. This initiative aims to enhance transparency, accessibility, and investor awareness in the municipal bonds market in India. By providing structured information and relevant updates, the initiative is set to strengthen confidence in municipal bonds as a viable investment…

18 Mar

Empowering Women Through Aarohi: Godrej Capital’s Commitment to Inclusive Growth

MFNews0 CommentsBrands, Breaking News, Business, Stocks, Technology

· Aarohi is a dedicated initiative that goes beyond enabling credit to drive inclusivity and create meaningful opportunities for women in India. #GodrejCapitalAarohi Chandigarh: Godrej Capital, the financial services arm of Godrej Industries Group, has launched Aarohi, an initiative to empower women beyond enabling credit. Aarohi will drive inclusive growth by expanding financial access, strengthening community initiatives, and increasing opportunities for women. It focuses on empowering women as customers, collaborating with channel partners, promoting inclusive hiring, and addressing well-being and representation. With a goal to positively impact 100,000 women over the next five years, Aarohi aims to foster meaningful growth.…

14 Mar

Caution for Investors by DAM CAPITAL ADVISORS LIMITED

MFNewsBrands, Business, Opinions, Shares, Stocks, Technology

DAM CAPITAL says “Sujal Patel” & “Navdeep Bajwa” are not associated with them in any manner Mumbai: It has been brought to the notice of the Exchange that person named “Sujal Patel” & “Navdeep Bajwa” operating through mobile numbers “7054874084” & “9967603975” claiming to be associated with entity named “DAM Trade Capital” are providing securities market tips, assured/guaranteed returns on investments in stock market and offering to handle trading account of investors by asking investors to share their Login ID/Password. Investors are requested to take note that “DAM CAPITAL ADVISORS LIMITED” a registered trading member of Exchange, has informed NSE that…

25 Feb

Changes in Nifty Fixed Income indices

MFNewsBreaking News, Stocks

The above replacements will also be applicable to Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (INR) Mumbai: The Index Maintenance Sub-Committee (Debt) of NSE Indices Limited has decided to make changes as listed hereunder. These changes shall become effective from February 28, 2025. Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (USD) The following security is being Excluded: Sr. No. ISIN Security Maturity 1 IN0020230036 7.17% GOVT. STOCK 2030 17-Apr-30 The following security is being Included: ISIN Security Maturity IN0020220037 7.38% GOVT. STOCK 2027 20-Jun-27 The above replacements will also be applicable to…

25 Feb

SEBI has issued consultation paper on technology-based measures to create secure trading environment

MFNewsBreaking News, Business, Shares, Stocks, Technology

to prevent unauthorized transactions in trading/demat account of investors Mumbai: SEBI has issued consultation paper on technology-based measures to create secure trading environment and to prevent unauthorized transaction in trading and demat account, on February 18, 2025. The said consultation paper is available on SEBI website. In continuation to the said consultation paper, stock exchanges shall be issuing detailed guidelines w.r.t. procedure, process and manner of implementation of the framework proposed in the said SEBI consultation paper. The draft guidelines on procedure & process on implementation is attached as Annexure – 1. In this regard all stakeholders are requested to…