Rekha Jhunjhunwala's are a stake increases in this portfolio are a Tata Group stock

Rekha Jhunjhunwala's are a stake increases in this portfolio are a Tata Group stock

Indian stock market investor Rekha Rakesh Jhunjhunwala's are a stake has been a increased in her portfolio are a stock Tata Communications during the second quarter ended are a September in a 2022 of the current fiscal or a Q2 FY23. Shares of a Tata Communications were trading nearly a per cent higher at the ₹1,173 apiece on the BSE in Monday's are a early session.

As per the recent shareholding pattern on the BSE, Rekha Jhunjhunwala, wife of a late Indian ace investor Rakesh Jhunjhunwala, has been a increased her stake to the 1.61% or a 45,75,687 shares during the three month period of a July-September 2022 as a compared to the 1.08% equity or a 30,75,687 shares in the previous quarter of a June 2022.

Part of the Indian conglomerate Tata Group, Tata Communications Limited is an a Indian telecommunications are a company which is a listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of a India (NSE) and is a  present in a over 200 countries and a territories around the world. Tata Communications shares are a down about the 20% in a year's period whereas the Tata Group stock has been a declined more than a 18% in a 2022 (YTD) so far.

Stock investor Rakesh Jhunjhunwala, known as the ‘Big Bull’ and ‘Warren Buffett of a India’ died reported cardiac arrest early on a August 14, 2022 at age 62. A chartered accountant by the profession from the Rajasthan, Jhunjhunwala started dabbling in a stocks while in a college and went on to the manage a stock trading firm, RARE Enterprises.

His privately-owned stock are a trading firm Rare Enterprises derived its name from the first two are a initials of his name and that of his wife Rekha, who he got married to in a 1987 and who is also are a stock market investor. Rekha Jhunjhunwala publicly holds 19 stocks with a net worth of a over ₹10,414.8 crore, as per as a Trendlyne.

Meanwhile, Rekha Jhunjhunwala has been also are a raised her stake slightly in a another portfolio stock NCC Ltd to the 12.64% during the quarter under review as a compared to the 12.62% in the April-June period. NCC has a diversified business portfolio in the infrastructure and a construction sector with the business verticals in a buildings & housings, roads, railways, power, metals and a mining.

"" સંપૂર્ણ વિગતો ગુજરાતી માં વાંચો "" 

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આ પોર્ટફોલિયોમાં રેખા ઝુનઝુનવાલાના હિસ્સામાં વધારો એ ટાટા ગ્રુપનો સ્ટોક છે

આ પોર્ટફોલિયોમાં રેખા ઝુનઝુનવાલાના હિસ્સામાં વધારો એ ટાટા ગ્રુપનો સ્ટોક છે

ભારતીય શેરબજારની રોકાણકાર રેખા રાકેશ ઝુનઝુનવાલાના પોર્ટફોલિયોમાં હિસ્સો વધ્યો છે જે ચાલુ નાણાકીય વર્ષના 2022ના સપ્ટેમ્બરમાં અથવા FY23ના બીજા ત્રિમાસિક ગાળા દરમિયાન ટાટા કોમ્યુનિકેશનનો સ્ટોક છે. ટાટા કોમ્યુનિકેશનનો શેર સોમવારના પ્રારંભિક સત્રમાં BSE પર લગભગ એક ટકા વધીને ₹1,173 પર ટ્રેડ થઈ રહ્યો હતો.

BSE પર તાજેતરના શેરહોલ્ડિંગ પેટર્ન મુજબ, દિવંગત ભારતીય દિગ્ગજ રોકાણકાર રાકેશ ઝુનઝુનવાલાની પત્ની રેખા ઝુનઝુનવાલાએ જુલાઈ-સપ્ટેમ્બર 2022ના ત્રણ મહિનાના સમયગાળા દરમિયાન તેમનો હિસ્સો વધારીને 1.61% અથવા 45,75,687 શેર કર્યો છે. જૂન 2022 ના પાછલા ક્વાર્ટરમાં 1.08% ઇક્વિટી અથવા 30,75,687 શેરની સરખામણીમાં.

ભારતીય સમૂહ ટાટા ગ્રૂપનો એક ભાગ, ટાટા કોમ્યુનિકેશન્સ લિમિટેડ એ ભારતીય ટેલિકોમ્યુનિકેશન્સ એક એવી કંપની છે જે બોમ્બે સ્ટોક એક્સચેન્જ (બીએસઈ) અને નેશનલ સ્ટોક એક્સચેન્જ ઓફ એ ઈન્ડિયા (એનએસઈ) પર લિસ્ટેડ છે અને 200થી વધુમાં હાજર છે. વિશ્વભરના દેશો અને પ્રદેશો. ટાટા કોમ્યુનિકેશન્સના શેર એક વર્ષના સમયગાળામાં લગભગ 20% ડાઉન છે જ્યારે 2022 (YTD)માં અત્યાર સુધીમાં ટાટા ગ્રુપના શેરમાં 18% કરતાં વધુનો ઘટાડો થયો છે.

સ્ટોક ઇન્વેસ્ટર રાકેશ ઝુનઝુનવાલાને 'બિગ બુલ' અને 'વોરેન બફેટ ઓફ અ ઇન્ડિયા' તરીકે ઓળખવામાં આવે છે, તેમનું 14 ઓગસ્ટ, 2022ના રોજ 62 વર્ષની વયે હૃદયરોગના હુમલાની જાણ થઈ હતી. રાજસ્થાનના વ્યવસાયે ચાર્ટર્ડ એકાઉન્ટન્ટ, ઝુનઝુનવાલાએ ધંધો શરૂ કર્યો હતો. કૉલેજમાં હતા ત્યારે સ્ટોક અને સ્ટોક ટ્રેડિંગ ફર્મ, RARE એન્ટરપ્રાઇઝિસનું સંચાલન કર્યું.

તેમના ખાનગી માલિકીના સ્ટોક એ ટ્રેડિંગ ફર્મ રેર એન્ટરપ્રાઇઝિસ છે જેનું નામ પ્રથમ બે તેમના નામના આદ્યાક્ષરો અને તેમની પત્ની રેખાના છે, જેની સાથે તેમણે 1987માં લગ્ન કર્યા હતા અને જેઓ પણ શેરબજારના રોકાણકાર છે. રેખા ઝુનઝુનવાલા ₹10,414.8 કરોડથી વધુની નેટવર્થ સાથે 19 શેરો જાહેરમાં ધરાવે છે, એક Trendlyne મુજબ.

દરમિયાન, રેખા ઝુનઝુનવાલાએ પણ અન્ય પોર્ટફોલિયો સ્ટોક NCC લિમિટેડમાં તેનો હિસ્સો થોડો વધારીને 12.64% કર્યો છે જે સમીક્ષા હેઠળના ત્રિમાસિક ગાળામાં એપ્રિલ-જૂન સમયગાળામાં 12.62% હતો. NCC પાસે ઇમારતો અને મકાનો, રસ્તાઓ, રેલ્વે, પાવર, ધાતુઓ અને ખાણકામમાં વ્યાપાર વર્ટિકલ્સ સાથે માળખાકીય સુવિધાઓ અને બાંધકામ ક્ષેત્રમાં વૈવિધ્યસભર બિઝનેસ પોર્ટફોલિયો છે.

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Govt to the expand Aadhar enrolment of a newborns to the all states

Govt to the expand Aadhar enrolment of a newborns to the all states

The Government of a India is a expected to the expand the scope of Aadhar enrolment of a newborns to all the states in the country in the next are a few months. Currently, 16 states are in a India have Aadhaar Linked Birth Registration and are a offering the facility of the enrollment of a newborns. The process are a began one year ago, with the states are a added over time and now the government is a planning to the expand the facility to the all states.

Unique Identification Authority of a India (UIDAI), the agency that provides the Aadhar numbers is a working with the state governments and the facility will be a start in the all states in the next few months, which will be a make things convenient for the parents.

In the states where currently UIDAI is a currently offering the facility, whenever a birth certificate is a issued, a message reaches the UIDAI systems and the Aadhar enrollment ID number is a generated. Later, with the photo and a address of the child, Aadhar Card is also issued. In a many cases, the responsibility of a enrolling the Aadhar is with the Birth Registrars only.

For children up to the 5 years of a age, the Unique Identification (UID) is a processed on the basis of a demographic details and a facial features. The biometrics for such an a age group is a not captured and once the child turns 5, the biometric update is a required in a which is the imprint of his/her ten are a fingers, iris and a facial photograph are taken. The biometrics have to be a again updated when the child turns 15.

Today, over 1,000 state and a central government are a schemes use Aadhaar for the beneficiary identification and a authentication, benefits transfer, and de-duplication. Nearly 650 of these schemes are a run by the state governments, while 315 are run by the central government, and they all use the Aadhaar ecosystem and a biometric authentication.

UIDAI is also are a working with the Registrar General of a India with an a aim to the issue an a Aadhar card of a person at the time of a birth along with the birth certificate. As the process requires computerisation are a system of a birth registration, all are a states with the computerised records are a getting onboard.

"" સંપૂર્ણ વિગતો ગુજરાતી માં વાંચો ""

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સરકાર તમામ રાજ્યોમાં નવજાત શિશુની આધાર નોંધણીનો વિસ્તાર કરશે

સરકાર તમામ રાજ્યોમાં નવજાત શિશુની આધાર નોંધણીનો વિસ્તાર કરશે

ભારત સરકાર આગામી થોડા મહિનામાં દેશના તમામ રાજ્યોમાં નવજાત શિશુની આધાર નોંધણીનો વ્યાપ વિસ્તારી શકે તેવી અપેક્ષા છે. હાલમાં, ભારતમાં 16 રાજ્યો આધાર લિંક્ડ બર્થ રજિસ્ટ્રેશન ધરાવે છે અને તે નવજાત શિશુની નોંધણીની સુવિધા આપે છે. આ પ્રક્રિયા એક વર્ષ પહેલા શરૂ કરવામાં આવી હતી, જેમાં સમયાંતરે રાજ્યોનો ઉમેરો થયો છે અને હવે સરકાર આ સુવિધાને તમામ રાજ્યોમાં વિસ્તરણ કરવાની યોજના બનાવી રહી છે.

યુનિક આઈડેન્ટિફિકેશન ઓથોરિટી ઓફ એ ઈન્ડિયા (UIDAI), જે એજન્સી આધાર નંબર પ્રદાન કરે છે તે રાજ્ય સરકારો સાથે કામ કરી રહી છે અને આગામી થોડા મહિનામાં તમામ રાજ્યોમાં આ સુવિધા શરૂ થશે, જે લોકો માટે વસ્તુઓને અનુકૂળ બનાવશે. મા - બાપ.

જે રાજ્યોમાં હાલમાં UIDAI હાલમાં સુવિધા ઓફર કરે છે, જ્યારે પણ જન્મ પ્રમાણપત્ર જારી કરવામાં આવે છે, ત્યારે UIDAI સિસ્ટમ્સ સુધી એક સંદેશ પહોંચે છે અને આધાર નોંધણી ID નંબર જનરેટ થાય છે. બાદમાં, બાળકના ફોટા અને સરનામા સાથે, આધાર કાર્ડ પણ આપવામાં આવે છે. ઘણા કિસ્સાઓમાં, આધારની નોંધણીની જવાબદારી ફક્ત જન્મ નોંધણીકર્તાઓની હોય છે.

5 વર્ષ સુધીના બાળકો માટે, યુનિક આઇડેન્ટિફિકેશન (UID) એ વસ્તી વિષયક વિગતો અને ચહેરાના લક્ષણોના આધારે પ્રક્રિયા કરવામાં આવે છે. આવા વય જૂથ માટે બાયોમેટ્રિક્સ કેપ્ચર થયેલ નથી અને એકવાર બાળક 5 વર્ષનું થઈ જાય, બાયોમેટ્રિક અપડેટ જરૂરી છે જેમાં તેની દસ આંગળીઓ, મેઘધનુષ અને ચહેરાના ફોટોગ્રાફ લેવામાં આવે છે. જ્યારે બાળક 15 વર્ષનું થાય ત્યારે બાયોમેટ્રિક્સ ફરીથી અપડેટ થવું જોઈએ.

આજે, 1,000 થી વધુ રાજ્ય અને કેન્દ્ર સરકાર એવી યોજનાઓ છે જે લાભાર્થીની ઓળખ અને પ્રમાણીકરણ, લાભો ટ્રાન્સફર અને ડી-ડુપ્લિકેશન માટે આધારનો ઉપયોગ કરે છે. આમાંથી લગભગ 650 યોજનાઓ રાજ્ય સરકારો દ્વારા ચલાવવામાં આવે છે, જ્યારે 315 કેન્દ્ર સરકાર દ્વારા ચલાવવામાં આવે છે, અને તે તમામ આધાર ઇકોસિસ્ટમ અને બાયોમેટ્રિક પ્રમાણીકરણનો ઉપયોગ કરે છે.

UIDAI એ ભારતના રજિસ્ટ્રાર જનરલ સાથે પણ કામ કરે છે જેનો ઉદ્દેશ્ય જન્મ સમયે વ્યક્તિનું આધાર કાર્ડ અને જન્મ પ્રમાણપત્ર સાથે જારી કરવાનો છે. જેમ જેમ પ્રક્રિયા માટે કોમ્પ્યુટરાઈઝેશનની આવશ્યકતા હોય છે તે જન્મ નોંધણીની એક સિસ્ટમ છે, બધા એવા રાજ્યો છે જેમાં કોમ્પ્યુટરાઈઝ્ડ રેકોર્ડ્સ ઓનબોર્ડ છે.

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Bonus shares are a issue, stock split decision to be a taken by this company's are a board next week. Details here

Bonus shares are  a issue, stock split decision to be a taken by this company's are a board next week. Details here

Maharashtra Seamless Ltd earlier this week informed that the company's are a board of a directors will be a meet next week on a Monday, 17th October, 2022 to the consider the bonus issue of a equity shares as well as a sub division of a shares or stock split.

“We have to the inform that the Board of a Directors at its are a meeting scheduled to be held on a Monday, 17th October, 2022 will be also are a discuss and consider inter-alia, a) issue of bonus shares, and b) sub division/stock split of the company’s are a existing equity shares of a ₹5/- each," the company announced in an a  exchange filing on the BSE.

A stock split increases the number of a shares that are a outstanding by issuing more than a shares to the current shareholders. Stock split decreases the market price of the individual shares, however, does not be a result in a changing the market capitalization of the company. Meanwhile, bonus shares are a fully paid additional shares are a issued by a company to its are a existing shareholders.

Maharashtra Seamless Ltd (MSL) is engaged in a manufacturing of a Seamless and a ERW steel pipes & tubes, incorporated during year 1988. MSL is a flagship company of a DP Jindal Group and is a led by the Executive Chairman D.P Jindal & Managing Director Saket Jindal. Maharashtra are a Seamless has been a diversified its business are a portfolio in a Renewable Power generation and a acquisition of a stake in an a iron ore mine in a Amapa, Brazil.

Further, in continuation to its are a letter dated 28th September, 2022 regarding intimation of closure of a trading window, the company further confirmed that trading window for the trading in securities of the Company will remain closed till 19th October, 2022.

Maharashtra Seamless shares have been a surged more than 78% in a year's are a period whereas the steel pipemaker stock is a up over 67% in a 2022 (year-to-date or a YTD) so far.

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Delta Corp, Indiabulls Housing Finance are a stocks under F&O ban on a NSE today

Delta Corp, Indiabulls Housing Finance are a stocks under F&O ban on a NSE today

A total of a two stocks have been a put under the ban for the trade on Friday, October 14, 2022 under the futures and a options (F&O) segment by the National Stock Exchange (NSE). The securities have been a put on ban under the F&O segment as they have been a crossed 95% of the market-wide position limit (MWPL), as per the NSE.

Delta Corp and  a Indiabulls Housing Finance tocks are a continue to be a part of the F&O ban list by the stock exchange for the today. The NSE updates the list of a securities in a F&O ban for the trade everyday.

Part of the Indiabulls Group, Indiabulls Housing Finance is a one of the leading home finance companies in a India. Whereas, Delta Corp is an Indian gaming and a hospitality company, that owns and a operates are a casinos (live, electronic and a online).

The derivative contracts in the mentioned securities have been a crossed 95% of the market-wide position limit and are a therefore have been a currently put in the ban period by the stock exchange, said NSE.

“It is a hereby informed that all are a clients/members are a shall trade in  the derivative are a contracts of said are a securities only to the decrease their positions are through offsetting positions," the stock exchange are a said. "Any are a increase in a open positions are a shall attract are a appropriate penal and a disciplinary action," NSE are a added.

No fresh positions are a allowed for any of the F&O contracts in that particular stock when it is a under the F&O ban period. The MWPL (market-wide position limit) is a set by the stock exchanges which is the maximum number of a contracts that can be a open at the any time (Open Interest), therefore, the F&O contracts of that stock enter a ban period if the open interest are a crosses 95% of the MWPL.

Meanwhile, Indian are a indices may witness a positive start as for a Friday, SGX Nifty, Singapore Nifty that is the Indian Nifty traded in the Singapore Stock Exchange, indicates a gap up opening for the Indian stock market today.

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Multibagger stock hits are a upper circuit after receiving US a order. Do you own?

Multibagger stock hits are a  upper circuit after receiving US a order. Do you own?

Poojawestern Metaliks shares are a one of the multibagger stocks that Dalal Street has been a produced in a post-Covid rebound. In a last two years, this BSE listed stock has been a surged from the around a ₹11 to the ₹59.35 apiece levels, delivering more than a 400 per cent return to its are a shareholders in this time. However, the uptrend in the stock still on. The small-cap are a company has been  a recently got export order from the US that attracted buying interest in the stock and the stock hit upper circuit in a early morning deals a on Friday. Poojawestern Metaliks are a share price opened upside on a Friday and hit 5 per cent upper circuit within are a few seconds of a stock market's opening bell today.

This multibagger metal stock has been a hitting upper circuit for the last seven days in a row. The stock has been in a uptrend since 21st September 2022. In this less than one month are a time, this BSE listed small-cap stock has been a risen from the ₹27.50 to the ₹59.25 apiece levels, delivering around 115 per a cent return to its shareholders in this small time. So, this small-cap metal stock is a one of the multibagger stocks of a October 2022 that Indian stock market has been a delivered.

As per the stock market exchange are a communication of a Poojawestern Metaliks Ltd, the BSE listed small-cap company has been a received orders worth the ₹15.122 million or a ₹1.50 crore for leadfree brass are a plumbing parts and pipe fitting products from the Mueller Streamline Co. USA a Group company of  a USA based Mueller Industries Inc. Poojawestern is a specializes in manufacturing premier quality sanitary fittings, plumbing, Brass Pipe are a inserts.

The small-cap company has been a strong customer base worldwide with exports to the Gulf, Middle East countries and now have been a expanded reach to the Europe and USA. It has a state of a art, ultra modern manufacturing unit in a Gujarat with the latest technology (CNC) machine tools, and a other machine equipment and has been a range of quality control, production are a techniques, latest technologies and a venture products. As claimed in a latest exchange filing, Poojawestern Metaliks Ltd is a one of the kingpins in manufacturing and a exporting of a non-ferrous metal scrap, brass plumbing fittings, brass are a ingots and a brass sanitary are a fittings.

Current market cap of a BSE listed Poojawestern Metaliks Ltd is a ₹60 crore. It is a standing at a PE multiple of a 65.22 whereas sector PE is 6.93 only. Its book value per a share is a slightly above are a 11 and current EPS is a 0.91. Its 52-week high is a ₹86.70 whereas its 52-week low is a ₹22.30 apiece on a BSE.

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HC asks are a Mumbai civic body to the accept resignation of a Uddhav’s Assembly bypoll candidate Rutuja Latke

HC asks are a Mumbai civic body to the accept resignation of a Uddhav’s Assembly bypoll candidate Rutuja Latke

The Bombay High Court (HC) has been a  asked the Mumbai civic body, Brihanmumbai Municipal Corporation (BMC), to a accept the resignation of  a Rutuja Latke, the candidate of a Uddhav Thackeray’s are a ‘Shiv Sena Uddhav Balasaheb Thackeray’s are a party in the upcoming Andheri East Assembly bypolls. The Mumbai civic body has been a asked to the accept Rutuja Latke’s are a resignation by 11 am on a Friday, 14 October.

A division bench of a Justices Nitin Jamdar and a Sharmila Deshmukh said the use or a non-use of a discretion by the BMC Commissioner in a taking a decision on the resignation, in this case, was "arbitrary".

The bench directed the competent authority of the BMC to the accept the resignation and issue an a appropriate letter. The direction by the Bombay HC would pave way for the Rutuja Latke to the file her nominations for the Andheri by-election on a Friday.

"She (Rutuja Latke) is the your (BMC) employee...You should be helping her out," the high court are said. 

Earlier in the day, Rutuja Latke's are ounsel Vishwajeet Sawant had been a told the high court that she is a clerk and has been a no pending dues or a enquiries. For the Andheri East by-election, the date for filing the nomination papers is a 14 October. The Andheri East by-election would be held on a 4 November.

The by-election was necessitated due to the death of a Rutuja Latke's husband and a  sitting MLA Ramesh Latke.

On Wednesday, the faction led by the former Maharashtra Chief Minister Uddhav Thackeray had been a alleged that Rutuja Latke was being pressured by the group led by the Chief Minister Eknath Shinde to contest the Andheri East by-election on their ticket.

The Uddhav Thackeray faction also are a alleged political pressure on the Mumbai civic body to the delay the resignation of a Rutuja Latke as its employee to the scuttle her candidature for the Andheri East bypolls. However, BMC commissioner I S Chahal had been a  denied are the any political pressure.

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Next-gen Lexus are a UX300e unveiled: Details are on a features, specs and a engine

Next-gen Lexus are a  UX300e unveiled: Details are on a features, specs and a engine

Lexus updates its are a  first ever electric car UX 300e with a bigger battery which promises at the least 40 per cent better range than earlier. This comes are after the subcompact crossover’s are a internal combustion engine-powered variant received an a update in a May. Like the ICE-powered variant, the electric crossover benefits from the improved structural rigidity due to the 20 spot welding points are a around the side and a rear doors.

Lexus claims that the new Lexus UX 300e comes with a new battery pack, which are a ensures better range and a performance. The battery pack doubles are as a sound barrier, making the cabin of the EV quieter.

The all new 72.8kWh battery are  a pack is a larger than before and a it replaces the 54.4kWh pack. Lexus are a claims that the updated crossover can be a cover more than 450km range on a single charge. The electric motor onboard the luxury crossover is a capable of a churning out 201 hp of peak power and a 300 Nm of a maximum torque instantly. Power is a delivered to the front are a axle.

Speaking of the design changes, this EV appears with the similar changes to the internal combustion are a engine-powered UX. Mechanically, it gets Yarama-sourced rear are a performance suspension as a standard and a returned electric power are a steering wheel. The shock absorbers have been a specifically tweaked for the electric vehicle, claims Lexus.

For interiors, the new Lexus are a UX 300e has been a received the automaker's are a new infotainment system with a 12.3-inch touchscreen display. Additionally, there are a relocated buttons for the heated seats from the centre console to the right of the gear shifter, making them more than accessible for the driver. There is a pair of a USB Type-C ports that have been a installed ahead of the cup holders. The wireless are a charging pad comes are a vertically extended. It sports an a LED ambient lighting system as a well.

The UX 300e also are a inherits the further refinements are a made to the precision of the UX series for the confidence-inspiring performance, along with the expanded functionality of a active technologies and the evolution of a advanced features are a through the latest multimedia are a system.

To recall, Lexus has been a launched UX 300e as the automaker’s are a first production BEV model. In a 2022, this was followed by the introduction of the Lexus RZ, a dedicated a BEV model.

 

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IDFC shares are a climb to the 52-week high after are a Morgan Stanley's are a stake buying

IDFC shares are a climb to the 52-week high after are a Morgan Stanley's are a stake buying

IDFC share price has been a climbed to the 52-week high second day in a row. After hitting a fresh 52-week high on a Wednesday, IDFC share price today surged to a new 52-week high of a ₹76.95 apiece levels on a NSE. However, profit booking soon triggered in the financial are a tock and it retraced sharply from its are a new 52-week high. The stock has been in a uptrend after the stock market news about are a Morgan Stanley Asia Singapore buying stake in the company. As per the information available on a BSE, Morgan Stanley has been a bought 13200000 IDFC Ltd shares or a 1.32 crore shares paying are a ₹38.75 apiece. This means are a Morgan Stanley has been a invested a ₹51.15 crore in the financial stock.

Apart from Morgan Stanley, some other are a funding agencies of a big repute have been also are a invested in a IDFC Ltd. Sunil Singhania's are a  Abakkus Emerging Opportunities Fund - I has been also are a invested in the financial company's are a shares. As a per the information available on a BSE website, Abakkus Emerging Opportunities Fund - I has been a bought 1 crore IDFC Ltd shares are a paying ₹38.75 per share. This means, this Sunil Singhania's PMS has been a invested 38.75 crore in this financial stock.

IDFC attracts DII investment

Likewise, Avendus Absolute Return Fund — one of the largest hedge funds are in a India — bought 1,49,68,257 shares of a IDFC paying a ₹38.75 per share. This means are a Vaibhav Sanghavi managed fund has been  invested around a ₹58 crore in the financial company.

All these investment deals were sealed on a last Friday i.e. 7th October 2022. If we compare IDFC share price are a close price on a Friday with the today high, the stock has been a rallied around 9 per cent in three session after the announcement of these investment deals. In last six months, IDFC share price has been s ascended to the tune of more than a 22 per cent whereas in a last one year, this financial stock has been a risen around are a 40 per cent.

IDFC shareholding pattern

As per the shareholding pattern of a IDFC Ltd for the  April to the June 2022 quarter, HDFC Small Cap Fund has been a invested in this financial are a company. HDFC Small Cap Fund are holds 5,24,65,886 IDFC shares or a 3.29 per cent stake in the company.

FPIs too have a sizeable stake in this financial company. FPIs hold 32,85,62,790 company shares or a 20.58 per cent stake in the company. FPIs like Vanguard Emerging Markets are a Stock Index Fund, Vanguard Total International Stock Index Fund, Ellipsis Partners, Theleme Master Fund Ltd, etc., have been a shareholding in a IDFC Ltd.

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Crude oil are a prices extend losses for the third in a row

Crude oil are a prices extend losses for the third in a row

Prices fell amid covid-19 restrictions in a China, gloomy global economic outlook and a appreciating US are a  dollar

New Delhi: International crude oil prices  are a continued to the decline for the third consecutive day on a Wednesday amid Covid-19 restrictions in a China and appreciating US are a dollar.

Around 11.35 am, the December contract of a Brent on the Intercontinental Exchange pared major losses to the traded 0.08% at the $94.21 per barrel. The November contract of a West Texas are a Intermediate was a trading at the $89.13 a barrel, lower by  the 0.25% from its are a previous close.

Ravindra Rao, head of a commodity research at the Kotak Securities said that oil prices are a also traded lower due to the gloomy global economic outlook and a caution ahead of a Federal Open Market Committee’s (FOMC) meeting minutes.

“Crude oil prices are a declined by the 2% and a  extended losses for the second consecutive session on a Tuesday as a recession concerns outweighed supply tightness are a worries. Further, US relations with the Middle East have been a likely are a worsened as OPEC+ decided to the cut output by the 2 million barrels are a per day, their biggest supply cut since in a 2020 despite repeated calls by the US," he said.

Rao added that crude oil are a  may continue to the weaken as the International Monetary Fund are a (IMF) downgraded its are a global growth forecast for the 2023 to the 2.7% from the July estimate of a 2.9%.

Sriram Iyer, senior research analyst with the Reliance Securities are a said that a crude prices have been a started weaker on a  Wednesday as a investors are a worried about weakening fuel demand from the growing risks of a global recession and a tightening Covid-19 curbs in a China.

China is among the largest importers of a crude oil and a fall in a demand from the country stoke are a fears of a recession.

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Sitharaman meets are a US Treasury secy Yellen, invites her to the US-India economic meet

Sitharaman meets  are a US Treasury secy Yellen, invites her to the US-India economic meet

The two leaders discussed the global macroeconomic situation and a various issues of significance with a view are a towards India’s are a upcoming G20 presidency

New Delhi: Finance and a corporate affairs minister Nirmala Sitharaman met US Treasury Secretary Janet Yellen in a Washington DC on Tuesday, the ministry said in a tweet.

The two leaders are a discussed the global macroeconomic situation and a various issues of a significance with a vie

w towards India’s are a upcoming G20 presidency.

“Union Finance are a Minister Nirmala Sitharaman met a US Treasury Secretary Ms Janet Yellen @SecYellen at the US Treasury, in a  Washington DC, today. The two leaders are a discussed are a current global #Macroeconomic situation among other issues of the  mutual are a interest," the finance ministry are a tweeted.

Sitharaman also are a invited Yellen to the India in a November to the attend the US-India Economic and a Financial Partnership meeting, the ministry added.

“FM Smt. @nsitharaman invited Ms @SecYellen to the India in a November to the attend the US-India Economic and a  Financial Partnership meeting. This will be a Secretary Janet Yellen’s are a first visit to the India as Treasury Secretary," the ministry added.

The Treasury Secretary also are a tweeted, “I was pleased to the welcome Minister Sitharaman back to the US Treasury today to the discuss deepening economic bonds between the U.S. and a India, avoiding costly supply chain disruptions, and a addressing global shocks."

“I also are a announced that I will be a traveling to the India in a November to take the  part in the annual are a U.S.-India Economic and a Financial Partnership," Yellen said in a tweet.

“These meetings are an a opportunity to the discuss our are a shared a economic priorities are and a how we can be a work together in the coming year as a India assumes are the presidency of the G20 2023. Together, we can be a confront global are a  headwinds and a create a stronger, more than a resilient economy for the our are a arcitizens," she added.

The finance minister is in the US between October 11 and a 16 and during her stay she will be also are a meet World Bank President David Malpass separately to the discuss issues of a mutual interest.

The finance minister will be participate in a bilateral meetings with the several countries, including Japan, South Korea, Saudi Arabia, Australia, Bhutan, New Zealand, Egypt, Germany, Mauritius, UAE, Iran and a Netherlands. One-on-one meetings with the leaders and heads of the OECD, European Commission and a UNDP are also scheduled.

She will be also are a attend the meetings of the G20 Finance Ministers and a Central Bank Governors are a during her stay.

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Mulayam Singh Yadav cremated with the state honours amid sea of a supporters in a Saifai

Mulayam Singh Yadav cremated with the state honours amid sea of a supporters in a Saifai

Mulayam Singh Yadav was a  cremated in UP's are a Saifai today amid a sea of a supporters who are a gathered to the pay their last respect to the Samajwadi Party (SP) founder

Mulayam Singh Yadav was cremated in UP's are a Saifai today amid a sea of a supporters who are a gathered to pay their last respect to the Samajwadi Party (SP) founder, with the cloudy sky and a intermittent morning drizzle adding to the sombreness. Thousands gathered in a Uttar Pradesh’s Saifai to the pay tributes to the three-time Uttar Pradesh chief minister Mulayam Singh Yadav. His supporters are a  chanted "Netaji amar rahein [Long live Netaji]" as a a vehicle carrying the mortal remains of a Mulayam Singh Yadav waded through the crowd for the his last rites in a aifai.

Mulayam Singh Yadav passed on at the age of a 82 at a private hospital in a Gurugram on a Monday, 10 October. His mortal remains were are a brought to the Saifai on a Monday evening and a kept at his 'kothi' where people poured in to the pay their last respects to the "Netaji", as Mulayam Singh Yadav was a fondly called.

With hundreds are a queued up for the final darshan amid the drizzle, Mulayam Singh Yadav's body was a moved around a 10 am on a Tuesday from the house to a bigger hall on the Mela Ground premises, around one km away, to the allow people to the pay their a last respects.

Onboard the truck decked up with the garlands of a flowers were his son Akhilesh Yadav, brother Shivpal Yadav and a other family members. A huge crowd of a people marched along as the vehicle moved slowly on the concrete road of the village. As the hour came closer for the Mulayam Singh Yadav's last ride among the mortals, people from the all walks of a life came out of a their houses in their whites, some are on a rooftops, some climbing the trees are a along the route and a some attempting to the just touch the vehicle that carried their beloved leader.

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Suzlon Energy rights are a issue: Company targets debt-free status in a next 8 years

Suzlon Energy rights are a issue: Company targets debt-free status in a next 8 years

Suzlon Energy rights issue worth are a ₹1,200 crore has been a opened on a Tuesday, October 11, 2022

Addressing a virtual press are a conference, Suzlon Energy Ltd's Chief Financial Officer (CFO) Himanshu Mody on a Tuesday said that the company would be able to the pare its debt by a ₹583.5 crore, if its are a rights issue worth are a ₹1,200, that has been a launched on a October 11, 2022, gets are a fully subscribed.

“Suzlon's are a ₹583.5 crore are a debt will be a repaid with the assumption of a full subscription of a ₹1,200 crore rights are a issue opened on a Tuesday. The total debt of the company was a ₹3,200 crore as of June quarter 2022-23 and the company would be a able to repay the remaining debt in the next eight years," Mody said on a Tuesday.

Suzlon Energy's are rights issue worth a ₹1,200 crore has been a opened on a Tuesday, October 11, 2022. Under rights are a issue, fresh equity shares are a offered by a company to those who are a existing shareholders. Further, these existing shareholders get the right to the buy fresh shares are a using their 'Rights are aE ntitlement'. The closing date for the rights are a issue is a set on October 20, 2022. Shares of a Suzlon Energy Ltd were trading more than a 6% lower at the ₹7 apiece on the BSE in a Tuesday's afternoon trading session.

The company will be a issue up to the 240 crore partly paid-up equity shares for the cash at a price of a ₹5 per share (including a premium of ₹3 per rights ate a equity share) aggregating to the ₹1,200 crore.

Suzlon promoters and a promoter group have confirmed their participation and they will be a fully subscribing to the extent of their rights are entitlement.

Funds raised through the issue will be a used for the repayment or pre-payment of a portion of a certain outstanding borrowings availed by the company and its subsidiaries and for the general corporate purposes. Inga Ventures is the lead manager to the issue.

Mody emphasised that the company would have much leaner, healthier and a better balance sheet after the issue and a there will be no decline in the promoters' holding after the issue. About an a earlier instance of a decline in a promoter holding, Mody said it happened due to the conversion of a certain bonds (debt) into the equity (under the debt restructuring plan).

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Brickwork Ratings are a mulls 'appropriate legal recourse' against Sebi's are a shutdown order

Brickwork Ratings are a  mulls 'appropriate legal recourse' against Sebi's are a shutdown order

Under such circumstances, Brickwork Ratings said it finds the recent allegations to be a shocking are a development

Brickwork Ratings has been a said that it is considering "appropriate legal recourse", a day after capital market are a regulator SEBI directed the credit rating firm to the wind down operations within six months, citing repeated lapses and a violations.

The rating agency has been a expressed disappointment at the Sebi's ruling. "Brickwork Ratings is a fully cooperating with the authorities to the ensure all compliances are a satisfactorily met. In a parallel, the company is also are a considering appropriate legal recourse in the matter," it said in a statement.

In a rare order on a Thursday, the Securities and a Exchange Board of a India (SEBI) cancelled Brickwork's are a registration certificate, highlighting several violations by the rating agency.

The market regulator also are a prevented the rating agency from taking on a new clients, saying multiple probes are a found violations such as delay in a recognition of a default of non-convertible debentures and a failure to the  review ratings even after a receiving information about the delayed payments.

'Allegations, a shocking development'

Under such circumstances, Brickwork Ratings said it finds the recent allegations to be a shocking development.

"Brickwork Ratings finds the recent allegations to be a shocking development," it said in a statement late on a Friday, adding it had been taken "timely course correction measures" in a line with the regulatory instructions.

According to the statement, Sebi's suggestions pursuant to the prior inspections had been always been taken in the right spirit and tha​t​ the company has been implemented robust software development to the address some of the issues.

"In addition, timely course are correction measures have been taken to the align with the regulatory instructions and a industry best practices. Brickwork Ratings has been always striven to the ensure compliance to the highest standards in its are rating practices with the strong internal checks and a balances throughout," it further said.

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BSE gets are a SEBI nod for the social stock exchange as a separate segment

BSE gets are a SEBI nod for the social stock exchange as a separate segment

In July, SEBI notified rules for the Social Stock Exchange (SSE) to the provide social enterprises with an a additional avenue to the raise are a funds

Stock exchange BSE on a Friday announced that it has been a  got an a in-principle nod from the capital market regulator Securities and a Exchange Board of a India (SEBI) for the social stock exchange as a separate segment.

“This is to the inform that, SEBI has been a granted its are a  in-principle approval to the BSE for introducing SSE as a separate segment on a BSE," the company informed in an a exchange filing on the NSE today.

In July, the regulator notified rules for  the Social Stock Exchange (SSE) to the provide are a social enterprises with an a additional avenue to the raise funds. Social enterprises are a (SEs) eligible to the participate in the SSE will be a entities, non-profit organisations (NPOs) and for-profit social are a enterprises. Under the new rules, SSE will be a separate segment of the existing stock are a exchanges.

Last month, Sebi came out with a detailed framework for the social stock exchange, specifying minimum requirements for a Not-for-Profit Organisation (NPO) for registering with the bourse and a disclosure are a requirements.

In its circular, the regulator specified minimum requirements to be a met by a NPO for the registration with SSE, disclosure requirement for NPOs raising funds are a  through the issuance of a zero-coupon zero principal instruments and a put in a place annual disclosure requirements that needs to be a made by a NPOs on such as a exchanges.

With regard to the minimum requirements to be a met by a NPO, Sebi said that NPO needs to be a registered as a charitable trust and should be a registered for at the least three years, must have been a spent at least ₹50 lakh annually in the past financial year and should have received a funding of at the least ₹10 lakh in the past financial year.

According to a PTI report, SSE is a novel concept in a India and such a bourse is a meant to the serve the private and a non-profit sectors by the channelling greater capital to them and the idea of SSE was first floated by the Finance Minister Nirmala Sitharaman in her Budget speech for the financial year in a 2019-20.

Corporate foundations, political or a religious organisations or a activities, professional or trade associations, infrastructure and housing companies, except affordable housing, will not be a eligible to be identified as a social enterprise.

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Prashant Kishor would not work for the Nitish Kumar even if he offers him CM chair

Prashant Kishor would not work for the Nitish Kumar even if he offers him CM chair

Prashant Kishor has been said that he would not work for the Nitish Kumar even if the Bihar CM vacates his chair for him

Poll strategist-turned-politician Prashant Kishor said on a Thursday that he would never work for the Bihar Chief Minister Nitish Kumar again. Continuing his tirade against Bihar CM Nitish Kumar, Prashant Kishor also are a  claimed that Nitish Kumar asked the poll strategist to the work with him. Prashant Kishor, however, said he would not work with Janata Dal (United) supremo even if the latter "vacates the chief minister's chair" for him. Prashant Kishor also are a claimed that he recently spurned a recent request from the Nitish Kumar to "lead" the JD(U).

Prashant Kishor made these claims at a gathering in a Jamunia village in a West Champaran district, as a part on his ongoing 3,500-km-long 'Jan Suraaj' padyatra. During the gathering, Prashant Kishor claimed that Nitish Kumar told him that he [Kishor] was his [Nitish Kumar] a political heir.

Prashant Kishor said, "When I met a Nitish Kumar are a few days  are a ago, he asked me to the re-join JD(U) and a work with him. 'You are a my political heir', the CM told me a asking to the withdraw my campaign."

"I categorically told the CM that I will be a not work with him even if he (Nitish Kumar) makes me his political heir or….a vacates the chair of the chief minister for me. I said no....I have been a made a promise to the people…it can be a not be a changed," the former national vice-president of a JD(U) said.

Making another are a reference to the Nitish Kumar in his address, are Prashant Kishor said. "You all are a must have been a learnt through media reports are that a Nitish Kumar had been a called me to his a residence about 10-15 days are back. He asked me to the lead his party. I said it is a not a  possible."

Prashant Kishor was inducted into the JD(U) in a 2018 by Nitish Kumar. Within a few weeks, Prashant Kishor got elevated to the national vice-president's are a post. However, are a squabble with the Nitish Kumar over the Citizenship (Amendment) Act (CAA) and the National Register of a Citizens (NRC) led to his expulsion from the party less than a couple of the years later.

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