Business
January vehicle sales expected to be good: Emkay Global

January vehicle sales expected to be good: Emkay Global

30-01-2023 comments

Chennai (IANS) Sales of passenger vehicles (PV), commercial vehicles (CV) in January 2023 are expected to be good as per its channel checks, said Emkay Global Financial Services.

According to Emkay Global, it had conducted a channel check to…

Meeting of G-20 International Financial Architecture Working Group inaugurated

Meeting of G-20 International Financial Architecture Working Group inaugurated

30-01-2023 comments

New Delhi (IANS) The two-day meeting of the first International Financial Architecture Working Group of G-20, being held under the chairmanship of India, was inaugurated on Monday by Union Minister of Agriculture and Farmers Welfare, Narendra Singh…

SEBI may probe short selling to hammer down Indian markets

SEBI may probe short selling to hammer down Indian markets

29-01-2023 comments

New Delhi (IANS) Markets regulator, SEBI is likely to probe short selling in the Indian stock markets in the last few days.

Sources said Indian markets have been under onslaught in the last few trading sessions and a probe will ascertain the…

Naked short selling not permitted in Indian markets

Naked short selling not permitted in Indian markets

29-01-2023 comments

New Delhi (IANS) Naked short selling is not permitted in the Indian securities market and all investors would be required to mandatorily honour their obligation of delivering the securities at the time of settlement.

As per SEBI norms, short…

Hindenburg fraud type assertions are devoid of facts: Adani Group

Hindenburg fraud type assertions are devoid of facts: Adani Group

28-01-2023 comments

New Delhi (IANS) The Adani Group has said that accounting (or fraud type assertions) "investigation" by Hindenburg Research are devoid of facts.

Of Adani portfolio's nine public listed entity's, eight are audited by one of the Big 6.

As short selling report roils markets, SBI defends exposure

As short selling report roils markets, SBI defends exposure

28-01-2023 comments

Mumbai (IANS) India's largest lender State Bank of India (SBI) said on Friday that its exposure to the Adani Group was well below the Reserve Bank of Indias (RBIs) Large Exposure Framework and was secured by cash generating assets.

The…

Cong to corner govt on runaway wheat flour prices, mounting national debt

Cong to corner govt on runaway wheat flour prices, mounting national debt

28-01-2023 comments

New Delhi (IANS) With the prices of wheat flour touching a 10-year high and other essential commodities also heading north, the Opposition expects the government to announce measures to check the runaway inflation in the Union Budget and also concessions…

Powergrid drone project pre-qualifications seen to be restrictive

Powergrid drone project pre-qualifications seen to be restrictive

27-01-2023 comments

New Delhi (IANS) The pre-qualification requirements laid down by the Power Grid Corporation of India Limited (PGCIL) is extremely restrictive as it states that the bidder must have successfully completed drone patrolling using mounted camera for visual,…

Aadhaar e-KYC transactions up 18.53% in Q3 of FY 2022-23

Aadhaar e-KYC transactions up 18.53% in Q3 of FY 2022-23

27-01-2023 comments

New Delhi (IANS) Adoption of Aadhaar based e-KYC has witnessed continuous progress, and in the October-December quarter (Q3) of FY 2022-23, more than 84.8 crore e-KYC transactions were executed using Aadhaar, a growth of 18.53 per cent over the Q2…

9 out of 10 individual traders in F&O segment making losses

9 out of 10 individual traders in F&O segment making losses

26-01-2023 comments

New Delhi (IANS) Nine out of 10 individual traders in the equity F&O segment incurred net losses during both the years FY 2018-19 and FY 2021-22, according to a study by market regulator SEBI.

There has been a significant increase of over 500…

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