Mumbai, Jan 2 (IANS) BSE Limited (BSE), Asia’s oldest stock exchange, on Friday marked a historic milestone with the celebration of 40 years of Sensex, commemorating four decades of India’s most widely tracked equity benchmark and a symbol of the country’s capital market evolution for the common man.Launched in 1986, Sensex, India’s first stock market index, is designed to reflect the broader Indian equity market, with 30 constituents comprising of India’s leading and liquid companies …
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New Delhi, Jan 2 (IANS) The National Highways Authority of India (NHAI) on Friday said that its Infrastructure Investment Trust (InvIT) — Raajmarg Infra Investment Trust (RIIT) — has received AAA (Stable) rating for long-term bank facilities by CARE Ratings Limited.The top-tier rating underscores the high degree of safety and reliability offered by RIIT’s debt instruments, making it among the most secure investment options available to investors.“This milestone reinforces RIIT’s position…
Ahmedabad, Jan 2 (IANS) The Directorate of Enforcement (ED), Ahmedabad Zonal Office, has made a major seizure in connection with a fraudulent stock market investment scam that targeted common investors. Acting under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, the ED recovered proceeds of crime worth several crores from the accused, Himanshu alias Pintu Bhavsar, and others.During the search and seizure operations, the ED recovered silver bullion weighing 110 kg valued a…
Mumbai, Jan 2 (IANS) Actor Neil Nitin Mukesh has penned an emotional birthday note for his mother Nishi, calling her his strength and his greatest blessing. Taking to Instagram, Neil shared a picture posing with his mother, wife Rukmini and daughter Nurvi along with a warm message dedicated to her, expressing gratitude for her unconditional love and constant support.“Happy Birthday to the woman who is my strength, my home, and my forever blessing. Your love is my greatest gift, Maa. May you al…
New Delhi, Jan 2 (IANS) Bombay Stock Exchange (BSE) announced on Friday that it resolved 109 complaints from investors against 92 companies in the month of December.Meanwhile, the stock exchange received 141 complaints against 113 companies during the month of December.The resolved complaints include those brought forward from previous periods.Further, the stock exchange informed that the top three companies where complaints have been pending for redressal for more than one month as of September…
Mumbai, Jan 1 (IANS) The Securities and Exchange Board of India (SEBI) has taken strict action against alleged price manipulation in the shares of DU Digital Global, a company listed on the SME platform. The market regulator has barred 26 individuals from trading in the securities market after finding that they were involved in artificially inflating the stock price.In a detailed 142-page order, Sebi has directed the individuals to return illegal gains amounting to more than Rs 98.78 lakh.In add…
New Delhi, Jan 1 (IANS) Several kilograms of gold and silver, worth over Rs 4 crore, were seized by the Enforcement Directorate (ED) from Gujarat’s Mehsana district in connection with a stock market investment fraud, an official said on Thursday.The ED, Ahmedabad Zonal Office, has recovered and seized silver bullion weighing 110 kg valuing Rs 2.4 crore; gold bullion weighing around 1.296 kg valuing Rs 1.7 crore, silver jewellery weighing 39.7 kg (approximately); Indian currency equivalent to R…
New Delhi, Dec 30 (IANS) India’s road network has expanded at a rapid pace in the last 11 years to become the world’s second-largest, with national highways spanning across a length of 1,46,560 km in the country, it was announced on Tuesday.The Government has strengthened the National Highways network through flagship programmes such as Bharatmala Pariyojana (including the subsumed NHDP), SARDP-NE, LWE Road Development Programme (including the Vijayawada–Ranchi Road), and Externally Aided …
Mumbai, Dec 30 (IANS) In a shocking case that surprised even the regulator, the Securities and Exchange Board of India (SEBI) has cancelled the registration of a person who was officially listed as a research analyst but was actually running a small grocery shop in Madurai.SEBI revoked the licence of Purooskhan after finding that he had no involvement in the securities market.During a hearing, it came to light that he operates a tiny 100-square-feet provision store selling daily essentials and s…
New Delhi, Dec 30 (IANS) Stock exchange BSE Limited on Tuesday warned investors about an individual identified as Aditya Rishab Mishra offering illegal services and cautioned investors to stay away from products offered by him.Aditya Rishab Mishra is allegedly offering investment and trading recommendations and account‑handling services without necessary SEBI registration, an official release said.”Please note that these individuals/entities are neither registered as member nor as Authorised P…