Sebi fines 4 entities Rs 27 lakh for fraudulent trading in BSE stock options

New Delhi, Mar 23 (PTI) Markets regulator Sebi Friday imposed a total penalty of Rs 27 lakh on four entities for indulging in fraudulent trade in illiquid stock options segment of BSE.

Umapati Oil Mill and Ginning Factory, Yudhbir Chhibbar, Kasturbhai Mayabhai Pvt Ltd and Vimladevi Shyamsunder Khetan are the…

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Fitch cuts India GDP growth forecast for FY20 to 6.8 pc

New Delhi, Mar 22 (PTI) Fitch Ratings Friday cut India’s economic growth forecast for the next financial year starting April 1, to 6.8 per cent from its previous estimate of 7 per cent, on weaker than expected momentum in the economy.

“While we have cut our growth forecasts…

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Starbucks Opens India’s Largest Coffee Forward Store in Bangalore

Bangalore Mar 20:  Tata Starbucks announced the opening of its largest coffee forward store in Bangalore at 38/1st, Vittal Mallya Road.

Tata Starbucks announced the opening of its largest coffee forward store in Bangalore at 38/1st, Vittal Mallya Road. The Starbucks store at Vittal Mallya Road will welcome…

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Jet Airways shares tumble 7 pc

New Delhi, Mar 20 (PTI) Shares of crisis-hit Jet Airways plunged nearly 7 per cent Wednesday after the company grounded six more planes due to non-payment of lease rentals.

The stock tumbled 6.59 per cent to Rs 213.95 on BSE.

On NSE, shares cracked 6.93…

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Rupee falls 19 paise against US dollar in early trade

Mumbai, Mar 20 (PTI) The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers.

At the interbank forex market, the rupee opened lower…

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