The Securities and Exchange Board of India (Sebi) on Monday modified its order against Subhash Chandra and Punit Goenka, and barred them from holding the post of director or key managerial personnel in four Zee group companies as well as in the merged entity of Zee Entertainment (ZEEL) and Sony Pictures Networks India till further […]
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FPIs sell-off continues; take out Rs 8,000 crore from equities in OctoberFPIs sell-off continues; take out Rs 8,000 crore from equities in October
Foreign Portfolio investors (FPIs) have dumped Indian equities worth Rs 8,000 crore in the first week of October on the back of dollar appreciation and the steady rise in the US bond yields. This came after FPIs turned net sellers in September and pulled out Rs 14,767 crore. Before the outflow, FPIs were incessantly buying […]
Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%Gautam Adani hikes stake in Adani Enterprises; total promoter shareholding at 69.87%
Billionaire Gautam Adani-led promoter group has increased its stake in the group’s flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. […]