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Vedanta demerger: In a major relief for Anil Agarwal’s Vedanta Limited, the National Company Law Appellate Tribunal (NCLAT) has granted an interim stay on an earlier order passed by the National Company Law Tribunal (NCLT) rejecting the mining major’s demerger scheme. Following the announcement by the company, Vedanta share price witnessed a relief rally, rising…
Debt-ridden Vodafone Idea saw its share price rise by 3.6% in Wednesday’s session, May 15, closing at ₹7.23 apiece. The boost in the stock came after the company filed a fresh petition in the Supreme Court seeking relief on AGR (Adjusted Gross Revenue) dues. The company is requesting a waiver of over ₹30,000 crore, primarily…
The regulator may also look to modify the market-wide position limit (MWPL) across exchanges and link it to delivery volumes of stocks to prevent manipulation and cornering of stocks by any entity, the people cited above said on the condition of anonymity. MWPL refers to the total number of stock options and futures contracts one…
Stock market today: Indian markets have made a stellar comeback in recent sessions despite the continued volatility in the global and Asian markets, as domestic-focused factors such as easing in food inflation and rate cut by the RBI have made bulls take charge of the markets. Further, the tariff negotiations between India and the United…
(Corrects typographical error in headline) LONDON, April 15 (Reuters) – Coffee prices rose on Tuesday as investor focus returned to extremely tight stocks and relief in wider markets after U.S. President Donald Trump’s latest changes in tariff policy. Investors remain concerned that a global trade war could weaken economic growth, but major stock indexes have…
US stock indices edged higher on Tuesday after President Donald Trump hinted at potential exemptions for the 25% tariffs imposed on imports of autos and auto parts. But, worries overnew tariffs on pharma and semiconductor imports kept investors on edge. According to Federal Register filings, the Trump administration was proceeding with probes into imports of…