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IPO

Avalon Technologies Sets IPO Price Band At Rs 415-436/ Share

The IPO comprises Rs 320 crore from fresh issuance of equity shares and Rs 545 crore through an offer for sale (OFS) of shares by promoters and existing shareholders

28 March 2023

Latest Crypto News: Binance CEO Denies Manipulation Allegations, Blink Digital To Participate In Metaverse Fashion Week 2023 

Here are some recent developments in the crypto market 


Crypto Prices Today: Trading Volume Up 34.43%; Arbitrum Most Trending Cryptocurrency  

Bitcoin’s (BTC) price decreased by 3.2 per cent to $27,926.48, while Ethereum fell 3.04 per cent to $1,711.81 


Government Extends Date To Link Aadhaar With PAN, Check Deadline Here

Aadhaar-PAN Card Linking: From 1st July, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative

28 March 2023

SBI

SBI Received Rs 8,800 Crore From Government Without Requesting It: CAG Report

DFS infused Rs 8,800 crore into SBI in 2017-18 for credit growth considering it the largest PSB in the country even though there was no demand


EPFO

EPFO Fixes 8.15% Interest Rate On Employees' Provident Fund For 2022-23

After the government's ratification, the interest rate on EPF for 2022-23 will be credited into accounts of over five crore subscribers of EPFO

28 March 2023

Adani Power And Tata Power Received Rs 16,900 Crore From Gujrat Government For Electricity

Gujrat government paid Rs 8,160 crore to Adani Power Mundra Ltd while Rs 8,784 was paid to Coastal Gujarat Power Ltd, a wholly owned subsidiary of Tata Power, in 2021 and 2022

28 March 2023

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SEBI

SEBI Eases FPIs Onboarding Process

In a bid to reduce the physical movement of documents and the time taken for registration, SEBI has allowed authorized bank officials to use SWIFT mechanism for certification of copies of original documents submitted by FPIs

28 March 2023

28 March 2023
TRAI Cracks Down On Pesky Telemarketing Calls, Messages; Holds Review Meet With Telecom Companies

TRAI Cracks Down On Pesky Telemarketing Calls, Messages; Holds Review Meet With Telecom Companies

TRAI said from May 1, the blockchain based DLT system will also be implemented for voice calls, just like it is in place for unsolicited messages at present


28 March 2023
Bollywood Actor Arshad Warsi, Wife Get Relief From SAT Against SEBI Ban

Bollywood Actor Arshad Warsi, Wife Get Relief From SAT Against SEBI Ban

SEBI had earlier banned actor Arshad Warsi, his wife Maria Goretti from the securities market and were penalised for running a ‘pump and dump’ scheme


28 March 2023
Reliance Capital Lenders To Go For 2nd Auction On April 4 To Maximise Return

Reliance Capital Lenders To Go For 2nd Auction On April 4 To Maximise Return

The insolvency process of Reliance Capital (RCAP) has been going on for more than 450 days, which is much longer than the statutory time limit of 330 days


28 March 2023
Competition Commission Clears JM Baxi Ports-HAL Deal

Competition Commission Clears JM Baxi Ports-HAL Deal

Hapag Lloyd Aktiengesellschaft (HLAG) is the parent company of the acquirer group, which is headquartered in Germany


28 March 2023
Aadhaar-PAN Linking: Govt. May Extend Last Date To Link Aadhaar Card With PAN Beyond March 31, Says Report 

Aadhaar-PAN Linking: Govt. May Extend Last Date To Link Aadhaar Card With PAN Beyond March 31, Says Report 

Aadhaar-PAN Linking: Even Securities and Exchange Board of India (SEBI) has asked investors to ensure that their PAN Card is linked with Aadhaar by March 31,...


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28 March 2023
TCS May Be Screening Candidates For CTO, COO And Other C-Suite Rejigs: Report

TCS May Be Screening Candidates For CTO, COO And Other C-Suite Rejigs: Report

Tata Consultancy Services (TCS) is also all set to pick a new leader for its largest vertical – banking, financial services and insurance (BFSI)


28 March 2023
Adani Acquires 49% In Quintillion Business Media For Rs 48 Crore

Adani Acquires 49% In Quintillion Business Media For Rs 48 Crore

Quintillion Business Media runs the news platform Bloomberg Qunit, now called BQ Prime


28 March 2023
Adani Group Seeks More Time To Repay Ambuja Cements, ACC Debt: Report

Adani Group Seeks More Time To Repay Ambuja Cements, ACC Debt: Report

The Adani Group reportedly hopes this tenure be extended to a period of five years or more, from the existing 18 months


28 March 2023
NDTV Appoints Ex-SEBI Chief UK Sinha, Welspun CEO As Independent Directors

NDTV Appoints Ex-SEBI Chief UK Sinha, Welspun CEO As Independent Directors

NDTV's Board has approved the appointment of Sinha and Goenka with immediate effect, said a regulatory filing by the news broadcaster


28 March 2023
Walt Disney Layoffs Begin, To Impact Around 7,000 Jobs: Report

Walt Disney Layoffs Begin, To Impact Around 7,000 Jobs: Report

In a letter to employees, chief executive officer (CEO) Bog Iger mentioned that Disney layoffs are happening to “create a more streamlined business"


28 March 2023
NSE, BSE Put Adani Green Energy Under Second Stage Of Longterm ASM Framework

NSE, BSE Put Adani Green Energy Under Second Stage Of Longterm ASM Framework

On March 17, both exchanges put Adani Green Energy and NDTV under the first stage of the long-term ASM framework


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28 March 2023
Higher Home Loan Rates Of Banks Hurt Affordable Housing, Finds SBI Study

Higher Home Loan Rates Of Banks Hurt Affordable Housing, Finds SBI Study

The hike in bank home loan rates in line with the Reserve Bank of India’s (RBI) repo rate increase has made houses in the Rs 30 lakh segment unaffordable for...


28 March 2023
SCSS, Post Office MIS, And Mutual Fund SWP – 3 Regular Income Options For Retired

SCSS, Post Office MIS, And Mutual Fund SWP – 3 Regular Income Options For Retired

Having a regular source of income in your retirement years is vital. Senior citizens’ savings scheme, post office monthly income scheme, and mutual fund...


27 March 2023
Hindenburg Report On Adani Group: Union Minister Singh Says Supreme Court Seized Of The Matter

Hindenburg Report On Adani Group: Union Minister Singh Says Supreme Court Seized Of The Matter

In January, US-based short seller Hindenburg Research in a report made a litany of allegations, including fraudulent transactions and share-price manipulation,...


27 March 2023
IRDAI Sets Eyes On Higher Insurance Penetration, Ease Of Doing Business—Regulatory Roundup  

IRDAI Sets Eyes On Higher Insurance Penetration, Ease Of Doing Business—Regulatory Roundup  

The Insurance Regulatory and Development Authority of India (IRDAI) has launched ‘EASE’ to improve insurance services for customers as well as boost...


27 March 2023
Sri Lanka To Seek New $1 Billion Credit From India To Buy Essential Items: Reports

Sri Lanka To Seek New $1 Billion Credit From India To Buy Essential Items: Reports

Last week, state minister of finance, Ranjith Siyambalapitiya said that Sri Lanka settled a loan installment of $121 million from the previous facilities...


27 March 2023
Parliament Completes Budgetary Exercise For FY24 Amid Din

Parliament Completes Budgetary Exercise For FY24 Amid Din

The nod to Finance Bill included a fresh amendment moved by finance minister Nirmala Sitharaman that sought to correct the rate of STT (securities transaction...


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