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Noel Tata moots merger of 2 group firms with Tata Sons to keep it private

New Delhi, Sept. 28 -- Tata Trusts Chairman Noel Tata has proposed the merger of two Tata group companies with Tata Sons Private Ltd (TSPL) in an effort to keep the holding company private and outside... Read More


SEBI settlement overhaul separates fund recovery from settlement payment

New Delhi, Sept. 28 -- The Securities and Exchange Board of India's (SEBI) revised settlement framework will keep recovery of money allegedly diverted from a company separate from the amount paid to s... Read More


SEBI orders winding-up of Growpital farmland investment scheme

New Delhi, Sept. 28 -- The Securities and Exchange Board of India (SEBI) has ordered the winding-up of Growpital's farmland investment scheme, holding that the platform operated an unauthorised collec... Read More


MICL transfers Marine Lines development rights to Godrej Properties in Rs.6,000-crore revenue deal

New Delhi, Sept. 28 -- Man Infraconstruction Limited (MICL) on Monday announced it has entered into a collaboration with Godrej Properties Group for a sea-facing luxury residential project at Marine L... Read More


SAIL shares dip as MoU with BCCL, dividend record date draw investor attention

New Delhi, Sept. 28 -- Shares of Steel Authority of India Limited (SAIL) opened lower on Monday on the National Stock Exchange, trading at Rs.183.00, down Rs.2.00 or 1.08 per cent, as investors assess... Read More


Tata Trusts' bid to reorganise Tata Sons could face regulatory hurdles

New Delhi, Sept. 28 -- Tata Trusts' bid to reorganise Tata Sons Pvt Ltd (TSPL) by merging Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE) with the TSPL, so that t... Read More


10-year benchmark yield spikes 7 bps to 7.19%

New Delhi, Sept. 28 -- Yields of Government Securities (G-Secs)spiked on Monday, tracking rising US Treasury yields, inflation concerns emanating from surging crude oil prices, and expectations of a r... Read More


India-EU FTA won't change farm trade much, but opens door to agri-tech: Dutch Minister

New Delhi, Sept. 28 -- The India-EU Free Trade Agreement (FTA) is unlikely to substantially alter trade in primary agricultural products, but it could create greater scope for cooperation in agricultu... Read More


Brent crude rises above $106 as Trump rejects Iran's proposal

New Delhi, Sept. 28 -- Brent crude futures rose above $106 a barrel on Monday morning after US President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz. At 9.35 am on Monday, No... Read More


Markets open lower as crude surge, FII selling and geopolitical jitters weigh on sentiment

New Delhi, Sept. 28 -- Markets opened in the red on Monday, September 28, extending their losing streak as renewed geopolitical uncertainty over the Strait of Hormuz pushed crude oil prices higher and... Read More