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Business

Sebi bans Mehul Choksi from capital market for 10 yrs; slaps Rs 5 cr fine for manipulating trades

New Delhi: Sebi on Monday barred fugitive businessman Mehul Choksi from the securities markets for 10 years and imposed a fine of Rs 5 crore on him for indulging in fraudulent trading in the shares of Gitanjali Gems Ltd.

 


Rupee falls 12 paise to close at 82.33 against US dollar

New Delhi: The rupee fell by 12 paise to close at 82.33 against the US dollar on Wednesday due to sustained foreign fund outflows and a stronger dollar in the overseas markets.

 


LATEST HEADLINES

US rules out use of nuclear weapons against Iran


US Embassy advises Americans to reconsider Hajj travel


PM's silence on Kharge's insult by Himanta is his consent: Rahul


Amid blistering heat in coastal areas, Udupi DC urges precautionary measures


RR amass 150/3 against MI in rain-truncated game


Kerala polls: Vijayan, Revanth Reddy trade barbs as campaigning ends


Two killed as bus hits motorbike


Odisha: Two girls drown while bathing in village pond


Bengaluru: CCB police busts black marketing of IPL tickets, 11 arrested


Unreserved vacancies for candidates with disabilities open for all categories: SC


Bengal polls: Mamata Banerjee backs Jyotipriya Mallick as TMC's candidate from Habra


Trump warns ‘whole civilisation will die tonight''




Adani announces Rs 65,000 cr investment in Rajasthan

Richest Asian Gautam Adani on Friday announced a Rs 65,000 crore investment in Rajasthan over the next 5 to 7 years in setting up a mega 10,000 MW solar power capacity, expanding cement plant, and upgrading Jaipur airport.

 

Markets rebound in early trade; Sensex jumps 1,028 points

Benchmark indices bounced back in early trade on Tuesday after falling in the previous trade amid positive trends in global equity markets.

 

Markets fall in early trade on weak global trends

Benchmark indices fell in early trade on Monday amid weak global market trends and continuous foreign fund outflow.

 

Gautam Adani second richest in the world, behind only Elon Musk: Forbes

Having surpassed Louis Vitton's Bernard Arnault as well as Amazon head Jeff Bezos, Indian business tycoon Gautam Adani is now the second richest person in the world, as per a Forbes survey.

Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost

Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest rate.

Jio to invest Rs 2 lakh crore in 5G; rollout in metros by Diwali

Reliance Industries Ltd Chairman Mukesh Ambani on Monday announced a Rs 2 lakh crore investment in deploying fifth-generation or 5G telephony with rollout in metro cities by Diwali.

Adani group rejects NDTVs assertion of sebi nod needed for share acquisition

Adani group on Friday rejected NDTV's assertion that Sebi's approval is necessary to acquire interests in RRPR, saying the promoter entity is not a part of the regulator's order that restrained Prannoy and Radhika Roy from accessing the securities market.

RBI lifts restrictions on American Express on on-boarding new domestic customers

Mumbai: The Reserve Bank on Wednesday lifted the restrictions on American Express Banking Corp and allowed onboarding of new domestic customers on its card network.

 

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