Apart from IFCI Factors, the other three entities are Shiva Cement's promoters -- Unicon Merchants, Akash Gupta and Preeti Gupta.
According to a Sebi order dated January 4, ARDIL had issued and allotted secured redeemable non-convertible debentures (NCDs) to at least 1,524 investors during the financial years 2011-12 and 2012-13 and raised an amount of over Rs 1.35 crore.
In its final order, the regulator has now revoked its directions against seven persons -- including two former CEOs Shreekant Javalgekar and Joseph Massey -- who had faced action for alleged insider trading in MCX shares.
Apart from renaming indices, IISL has announced closure of NIFTY Full Midcap 100 and NIFTY Full Smallcap 100 index with effect from April 2, 2018.
This is the highest finish for the home currency since April 29, 2015 when it had settled at 63.30.
The finance ministry on Thursday sought Parliament's nod for extra expenditure of Rs 80,000 crore towards recapitalisation of bad loans-saddled public sector banks through bonds.
Deficit concerns due to declining GST collection & additional govt borrowing have not hurt the equity markets much this time as FPIs, who take this data seriously, are not the only drivers and domestic retail money has witnessed a big surge.
The new norms will be applicable to all schemes of mutual funds with effect from February 1, 2018.
The dollar's gains against major world currencies after a strong US manufacturing data also impacted the rupee sentiment, a currency dealer said.
The Sensex opened a shade higher at 33,929.61 and advanced to 33,998.37, before falling to a low of 33,765.43.
TCS, Coal India Mahindra & Mahindra, Yes Bank, L&T, Hindustan Unilever, ITC and Tata Steel also gained up to 1 per cent in morning session.However, Dr Reddy's fell the most by 2.5 per cent, Tata Motors by 0.98 per cent and ONGC by 0.96 per cent.
Brokers said buying by domestic institutional investors (DIIs) and foreign funds amid a firm trend at other Asian bourses following yet another record close on Wall Street improved the market sentiment.
On Tuesday, the rupee closed at nearly 2-1/2 year high of 63.48, surging by 20 paise against the US dollar
Heavy dollar unwinding by speculative traders support the domestic currency.
However, the rupee lost steam soon and retreated to a low of 63.72 at 0930 hrs, down by 4 paise compared to previous close of 63.68 a dollar.
In October 2017, Sebi sent a second proposal suggesting that a “uniform procedure” be put in place for piloting all enforcement proceedings under the securities laws.
The retirement fund body is strategising with its consultants to gain best returns for its investment and reach a formula through which it can distribute the profit made to the subscribers.
Experts say that 2018 might not be smooth for the markets due to rising inflation, fiscal deficit and general elections in 2019.
Sensex kicks off 2018 with 244-point fall on profitbooking.
The auto industry has been one of the top robot-buying industries for years, and this trend is expected to continue, it said.
Analysts have cautioned that the market may experiences a bumpy ride in the new year.
In terms of equity volume, 770.77 lakh shares of the company were traded on BSE and over 68 crore shares changed hands at NSE during the day.
Sensex gaining 110 points and the NSE Nifty crossing the 10,500-point mark on widespread gains led by banking, FMCG and capital goods shares.
On Thursday’s trade all the public sector bank stocks ended the session on a lower note, except IDBI Bank. However, IDBI Bank closed the session just 0.58 per cent higher at Rs 60.4 on NSE.
The 30-share Sensex was up 76.71 points, or 0.22 per cent, to scale a new high of 34,087.32, breaching its previous intra-day record of 34,061.88 hit Tuesday.






