Indian tribunal blocks regulator s order on Future chief, company says reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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Nifty futures on the Singapore Exchange traded 106 points, or 0.69 per cent, kiwer at 15,222 in signs that Dalal Street was headed for a gap-down start on Wednesday. Here are a few stocks which may buzz the most in today s trade:
Adani Ports and SEZ: The company said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT.
FRL: The Securities Appellate Tribunal (SAT) has stayed an order passed by market regulator SEBI that had banned Future Retail Chairperson Kishore Biyani and some other promoters from the securities market for one year for alleged insider trading.
The Securities Appellate Tribunal has stayed an order passed by market regulator SEBI that had banned Future Retail Chairperson Kishore Biyani and some other promoters from the securities market for one year for alleged insider trading.
The Bombay High Court (HC) has directed Schneider Electric President Systems to approach the Securities Appellate Tribunal (SAT) afresh in its dispute with the Securities and Exchange Board of India (Sebi), which has asked the former to either delist its shares or list on a national stock exchange within six months. The HC further said that SAT should look at this new appeal without being influenced by its earlier order dated November 26, 2019. The court also directed Sebi not to take any coercive action against the company for another three weeks. In the event the appeal is filed by the petitioner, the same would be decided by the Securities Appellate Tribunal without being influenced by its earlier order dated 26-11-2019 and its observations made therein shall be treated as prima facie, the HC observed. The HC also dismissed apprehensions expressed by the senior counsel for the petitioner (Schneider Electric) that SAT may not be able to provide an efficacious remedy consid