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Japanese firm Minebea Mitsumi settles takeover norms violation case with Sebi; pays Rs 17 lakh - Vimarsana News

Japanese firm Minebea Mitsumi settles takeover norms violation case with Sebi; pays Rs 17 lakh

Japanese firm Minebea Mitsumi settles takeover norms violation case with Sebi; pays Rs 17 lakh PTI Minebea Mitsumi Inc has settled with Sebi a case of alleged delay in making a public offer in respect of the acquisition of shares in Jay Ushin Ltd, on payment of a little over Rs 17 lakh towards settlement charges. This comes after Minebea Mitsumi approached the Securities and Exchange Board of India (Sebi) to settle the case. Consequently, Sebi, through a settlement order passed on April 19, said "the proceedings that may have been initiated for the defaults ... be settled qua the applicant"....

market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday - Vimarsana News

market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

NEW DELHI: Nifty reversed its two-session bearish trend with a broader rally and formed a big bullish candle on the daily chart on Tuesday. Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments said, “If we manage to get past this level, we should be headed to 14,800-14,900. The index has made a strong base at the 14,200 levels, which acted as good support." "Going ahead, earnings and global cues would remain on the participants’ radar. Besides, we’re also seeing noticeable buzz across the sectors in run up to Budget. We feel it would be prudent for ...