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SEBI to examine brokers' concerns over UPI merchant charges

New Delhi, Sept. 17 -- The Securities and Exchange Board of India (SEBI) will examine concerns raised by stock brokers over the new merchant discount rate (MDR) on UPI transactions, Chairman Tuhin Kan... Read More


Paytm stock hits 52-week high after NPCI introduces UPI MDR

New Delhi, Sept. 16 -- Shares of One 97 Communications (Paytm) surged to a 52-week high of Rs.1,855.50 on the NSE on Wednesday morning, with the stock trading at Rs.1,749.50, up 1.13 per cent from Tue... Read More


Godavari Biorefineries jumps nearly 10% after Chinese patent grant for antiviral compound

New Delhi, Sept. 16 -- Shares of Godavari Biorefineries Limited surged on Wednesday morning after the company disclosed it had received a patent from the Chinese Patent Office for a compound designed ... Read More


SEBI freezes Rs.28 crore, bars broker from derivatives trading over price rigging

New Delhi, Sept. 16 -- The Securities and Exchange Board of India (SEBI), has ordered freezing of bank accounts of Mumbai-based stock broker Prrsaar Sampada and Chaubara Eats holding nearly Rs.28.12 c... Read More


Tata Trusts may ask Tata Sons to seek clarity from RBI on listing mandate

New Delhi, Sept. 16 -- Tata Trusts may ask Tata Sons to seek clarity from the Reserve Bank of India (RBI) regarding its continued inclusion in the non-banking financial company (NBFC) Upper Layer list... Read More


Juniper Hotels to acquire Novotel Imagicaa for Rs.248 crore

New Delhi, Sept. 16 -- Juniper Hotels Limited on Wednesday announced a proposed acquisition of Novotel Imagicaa, an operating hotel in Khopoli, Maharashtra, from Imagicaaworld Entertainment Limited (f... Read More


Satin Finserv launches programme to back next gen climate innovators

New Delhi, Sept. 16 -- Satin Finserv has launched a national initiative aimed at identifying and supporting students and early-stage startups building solutions to some of the most pressing climate an... Read More


NHC Foods to acquire majority stake in Lotmor Brands, Walya's Beverages

New Delhi, Sept. 16 -- NHC Foods, a leading player in the trading, processing and export of agricultural commodities, has proposed to acquire controlling stakes in two food and beverage companies, Lot... Read More


GJC seeks review of 67% hike in gold hallmarking fee

New Delhi, Sept. 16 -- The All India Gem and Jewellery Domestic Council (GJC) has urged the Government and the Bureau of Indian Standards (BIS) to put on hold the increase in gold hallmarking charges ... Read More


Empower India to acquire Valiance Engineers in all-equity transaction

New Delhi, Sept. 16 -- Empower India, a technology and digital infrastructure company, has executed an indicative, non-binding term sheet with Mark AB Capital Private to acquire the entire equity shar... Read More