India’s insurance sector is set for a raft of changes. The government is likely to green light 100% FDI in the sector. Currently, 74% FDI is allowed in insurance. Earlier, speaking at the CNBC-TV18 Global Leadership Summit the chairman of insurance regulatory body IRDAI had said this is an opportune time to hike the FDI limit.
NTPC Green will be listing on November 27, which will keep both NTPC and NTPC Green Energy in focus.
Shares of Zee Entertainment Enterprises Ltd ended at ₹120.60, up by ₹2.00, or 1.69% on the BSE.
stocks to watch, Vedanta, Dabur, Siemens, GE Vernova, Exide Industries, Patanjali Foods, NTPC, UltraTech Cement and more, these are the stocks to watch for today.
The order, dated November 25, 2024, confirms the demand but drops the penalty initially indicated in a previous notice from October 17, 2023. Shares of Dabur India Ltd ended at ₹525, up by ₹3.35, or 0.64%, on the BSE.
The board has recommended a dividend of ₹12 per equity share of ₹2 each (600%) for the financial year ending September 30, 2024. Shares of Siemens Ltd ended at ₹7,245.90, down by ₹104.25, or 1.42%, on the BSE.
Axis AMC and its trustee company paid ₹16.57 lakh to settle SEBI charges of violating expense ratio transparency norms, avoiding further proceedings without admitting or denying the allegations.
The non-convertible debentures (NCDs), with a tenure of 10 years, will be listed on the National Stock Exchange (NSE). Shares of UltraTech Cement Ltd ended at ₹11,105, down by ₹351.85, or 3.07%, on the BSE.
Foreign institutional investors (FIIs) reversed their 38-day selling streak with net buying of over ₹11,100 crore in equities over two days, driven by MSCI index rejig and improved sentiment.
Vedanta will invest $2 billion in Saudi Arabia to build copper-processing facilities, including a smelter, refinery, and copper rod plant, supporting the kingdom’s growing mining and metals sector.
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