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Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL’s 15-year green ammonia deal signed with Samsung C&T is worth $3 billion that marks monetisation of new energy investments. It’s aligned with the hydrogen and decarbonisation strategy of the company. RIL’s new energy business is valued…
UAE Stock Markets Closed: Regional Conflict Halts Trading on ADX and DFM In an unprecedented economic response to escalating regional conflict, the United Arab Emirates has announced that its two major financial markets, the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), will remain closed on Monday, March 2 and Tuesday, March…
Sebi on Thursday barred 15 individuals from securities markets for three years and imposed a total penalty of Rs 3.6 crore for manipulating shares of Unison Metals through misleading stock recommendations circulated on telegram channels. In addition, the regulator directed 10 individuals to disgorge an unlawful gain of over Rs 3.87 crore, which is to…
Securities Transaction Tax (STT) on derivatives will rise from April 1, 2026, after the Finance minister Sithraman in her 9th budget speech proposed higher rates on futures and options trading as part of Budget 2026 changes to the Finance (No. 2) Act, 2004.Finance Minister Nirmala Sitharaman announced the move while presenting the Budget, saying: “I…
MUMBAI: RBI on Monday purchased another tranche of govt securities worth Rs 50,000 crore from the gilt market, its third tranche of such purchases of the total Rs 2 lakh crore that the central bank had committed in its policy. Economists feel given global uncertainties, RBI would need to infuse more liquidity into the system….
NEW DELHI: In a bid to ease investor compliance and remove inconsistencies, Sebi on Wednesday doubled the monetary threshold for simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh. It has also prescribed a standardised affidavit-cum-indemnity bond format for securities valued above Rs 10 lakh. Agencies Source link
The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…
The government has listed the Securities Markets Code Bill 2025 for introduction in the Winter session of Parliament starting December 1, according to a Lok Sabha bulletin. The unified legislation is aimed at boosting ease of doing business and reducing regulatory friction across India’s financial markets. The Bill proposes merging key securities laws, including the…
Bharti Airtel and Reliance Jio are poised to nearly double their returns on capital by 2028, as network spending falls below depreciation costs, unlocking robust cash flows after 15 years of heavy infrastructure investment, according to a new report by ICICI Securities. The report highlights that both telecom giants are entering a “value creation zone,”…
Bharti Airtel and Reliance Jio will almost double their capital returns by 2028 as network expenditure falls below depreciation levels, unshackling better cash flows after 15 years of intensive infrastructure outlays, ICICI Securities estimates.The report says that both entities are crossing into a “value creation zone,” with better return on capital employed (RoCE) and robust…
