capital market
Information Technology giant Wipro had a less than ideal start to the new Samvat as the company’s stocks declined for the second straight session yesterday. Wipro reported a consolidated net profit of Rs 2,085 crore during the July-September quarter which was down 0.9 % compared to the Rs 2,103.2 crore registered by the company in [...] Continue Reading »
Ajit Gulabchand who is the chairman and managing director at the Hindustan Construction Company is setting out a plan in order to raise Rs 1,500-2,000 crore to pay the debt and get the Mumbai-based construction and engineering company out of the corporate debt restricting the cell ahead of the schedule. He further stated that he [...] Continue Reading »
The Securities and Exchange Board of India (Sebi), has banned Jaipur-based NGHI Developers from collecting money from investors and accessing the capital market. It passed orders saying that NGHI Developers India Ltd. shall immediately stop collecting money, directly or indirectly, from investors under the plans or schemes offered by it. It even opposed future launch [...] Continue Reading »
