Page 36 - Ortfolio Allocation News Today

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the point of presence (PoP) regulations for introducing a new simplified system of only one registration for the National Pension System instead of multiple registrations required earlier, the Finance Ministry said on Wednesday.

Due to a vulnerability or security bug, the website of the Union ministry of corporate affairs (MCA) leaked the personal data of Ratan Tata, Mukesh Ambani, Gautam Adani, Virat Kohli, Shah Rukh Khan and lakhs of other directors of companies, alleges a security expert.

The directorate of enforcement (ED) has provisionally attached immovable and movable properties worth Rs36.57 crore of Reliance General Insurance Pvt Ltd (RGIPL) and Trinity Reinsurance Brokers Pvt Ltd (TRBPL) in a case related to the fraudulent awarding of tender of mediclaim insurance policy for the state government employees, employees and pensioners from Jammu & Kashmir (J&K).

Schneider Electric Infrastructure Ltd (SEIL) is one of the leading firms in energy management and industrial automation. Around 70% of its sales are from energy management solutions and the remaining from industrial process automation.

Through this weekly column, I have provided advice on various cases ranging from transfer or addition of name in share certificate, explaining the requirement and use of a succession certificate, or alternatively using a release deed to achieve the same purpose.

Epack is the second-largest room air conditioner (RAC) original design manufacturer (ODM) in India based on the number of units manufactured in FY22-23 through the ODM route. Epack started in 2003 as an original equipment manufacturer (OEM) for RAC brands.

On Thursday, 1898 stocks advanced, 1906 declined and 106 remained unchanged, with an advance decline ratio of 0.99 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.

All central government offices will remain closed for half-day on January 22 on the occasion of the Pran Pratishtha of Ram Lalla in Ayodhya.

Market regulator Securities and Exchange Board of India (SEBI) has clarified that the conversion of warrants into equity shares is not a corporate action as it is not caused by any action taken by the company.

The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent of Gross State Domestic Product, whichever is less.