Lokpal clears Buch of conflict of interest allegations based on Hindenburg report
The Lokpal dismissed complaints against former Sebi chairperson Madhabi Puri Buch, which were based on a Hindenburg Research report, citing a lack of verifiable material. Allegations of impropriety and conflict of interest, including investments in offshore funds linked to Vinod Adani, were deemed untenable and unsubstantiated. The Lokpal emphasized that Buch had redeemed the investments before the Sebi investigation began.
Two Sharp with ET: From EV kings to crisis queens, Ola & Tesla tumble | NSE eyes mega IPO
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Dar Credit and Capital shares to list today. Check GMP ahead of debut
Dar Credit and Capital is set to list on the NSE SME platform after its IPO was oversubscribed 106 times. The NBFC's Rs 26.46 crore IPO, priced at Rs 60 per share, saw strong investor interest, with grey market premium indicating a potential 26.7% gain on listing.
Info Edge Q4 Results: Cons PAT skyrockets 667% YoY to Rs 463 crore, revenue jumps 14%
Info Edge announced a massive 667% jump in net profit for the March quarter. The profit reached Rs 463 crore. Revenue also increased by 14% to Rs 750 crore. The company's board proposed a final dividend of Rs 3.60 per share. This reflects strong financial performance compared to the previous year. The results indicate positive growth for the company.
Fear gauge India VIX spikes 8% in a week. Here are 3 tips to avoid a crash
Nilesh Jain, Head Vice President of Equity Research (Technical and Derivatives) at Centrum Broking, observed that market volatility has remained high over the last two to three sessions, with the India VIX climbing from about 15 to 19. He explained that this spike is largely due to a significant buildup of call writing positions, which is capping any short-covering attempts and establishing a firm resistance around the 25,000 mark.
KEI Industries, DCB Bank among 10 small-cap stocks analysts expect to gain up to 75%
Brokerages are optimistic about select smallcap stocks. Trendlyne data suggests potential gains in stocks like DCB Bank and PVR INOX. Analysts project returns of up to 75% for some. Other stocks with strong ratings include Pitti Engineering and Mahanagar Gas. Target prices indicate significant upside potential. These recommendations are based on expert analysis.
Bajaj Auto Share Price Live Updates: Bajaj Auto's Previous Day Closing Price
Brainbees Solutions shares in focus after Q4 net loss widens to Rs 111 crore YoY
Brainbees Solutions, FirstCrys parent firm, reported a Q4 net loss of Rs 111 crore, up from Rs 43 crore in the year-ago period. Revenue rose 16% YoY to Rs 1,930 crore. Despite quarterly setbacks, the company trimmed its annual loss and posted a 43% rise in adjusted EBITDA for the full FY25.
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