Day: August 10, 2023

Stock exchanges slap fines on IOC, ONGC, GAIL for failure to meet listing regulationsStock exchanges slap fines on IOC, ONGC, GAIL for failure to meet listing regulations

Stock exchanges have slapped fines on state-owned oil and gas firms including IOC, ONGC and GAIL for their failure to meet listing requirements of having a requisite number of independent directors and women directors. In separate filings, the companies detailed the fines imposed by the BSE and NSE but were quick to point out that […]

FPIs infuse Rs 8,400 crore in equities this month on global uncertainty, China concernsFPIs infuse Rs 8,400 crore in equities this month on global uncertainty, China concerns

Foreign Portfolio Investors (FPIs) have infused close to Rs 8,400 crore in Indian equities so far this month primarily due to uncertainty in the global markets, economic concerns in China, and stability of the domestic economy. With the global economic mood getting challenging due to slackening Chinese demand, any weakness in global equities could trigger […]