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SEBI closes Prime Focus accounting case, clears company and directors

New Delhi, June 16 -- SEBI has dropped adjudication proceedings against Prime Focus (PFL), its promoters, directors and chief financial officer after concluding that allegations of misleading financia... Read More


TCS enters multi-year digital transformation deal with Tottenham Hotspur

New Delhi, June 16 -- Tata Consultancy Services (TCS) entered a multi-year strategic partnership with Tottenham Hotspur Football Club, a prominent football institution in the UK, to serve as the club'... Read More


FIA backs SEBI's options strike framework, seeks minimum standards and safeguards

New Delhi, June 16 -- The Futures Industry Association (FIA) has backed the Securities and Exchange Board of India's (SEBI) proposed framework for managing strike prices of options contracts, while ur... Read More


Primary market heats up: Rs.13,000 crore raised via corporate bonds in a day

New Delhi, June 16 -- India's corporate bond market is witnessing a sharp revival, with issuers raising over Rs.13,400 crore on Tuesday, signalling strong investor appetite and improving funding condi... Read More


Shipping firms re-evaluate risks of Persian Gulf ops

New Delhi, June 16 -- Shipping lines are re-evaluating the risk of operations in Persian Gulf waters in the backdrop of Iran-US peace understanding. Companies including Maersk and Hapag Lloyd have sa... Read More


FSUI seeks UN probe, compensation for seafarer deaths in Persian Gulf

New Delhi, June 16 -- The Forward Seamen's Union of India (FSUI) has demanded a United Nations investigation and $ 5 million compensation to the families of Indian seafarers killed in the US attack on... Read More


Central banks look to increase gold reserves in coming year: WGC survey

New Delhi, June 16 -- Given the growing global uncertainty, central banks of most countries plan to accumulate more gold as part of reserves in the next 12 months. Interestingly, about 89 per cent of... Read More


UltraTech to deploy 45 heavy-duty e-trucks in partnership with Energy In Motion

New Delhi, June 16 -- UltraTech Cement, the world's largest cement company excluding China, will deploy 45 electric heavy-duty trucks in partnership with Energy In Motion. The fleet will transport cl... Read More


Lord's Mark Industries confirms conversion entitlement of 10.28 lakh shares

New Delhi, June 16 -- Lord's Mark Industries, a diversified company with interest in healthcare, diagnostics, renewable energy besides printing and packaging, has resolved a legal dispute with Bennett... Read More


Repono bags 20-year energy storage contract in UP from Reliance

New Delhi, June 16 -- Repono Ltd, a leading operations and maintenance and third party logistics company in the petroleum and petrochemical sector, has signed a long-term agreement with Reliance Indus... Read More