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Summer sun wears down red sanders task force in Andhra

Summer sun wears down red sanders task force in Andhra
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Stocks in news: Stocks in news: RIL, Shriram Finance, GPT Healthcare, Coal India, Oil India

Shriram Finance Ltd will replace UPL Ltd in benchmark Nifty 50 index with effect from March 28, the National Stock Exchange said on Wednesday.

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Brightcom Group: Sebi refuses to lift ban on Brightcom's Reddy, others

In its order, the capital market regulator noted that the prima facie findings that Brightcom Group had funded its own preferential allotments and had indulged in round tripping of funds continue to sustain.

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Stocks to Watch: Coal India, RIL, NTPC, Oil India, Shriram Finance, Venus Pipes, and Others

Stocks to watch: Shares of firms like Coal India, RIL, NTPC, Oil India, Shriram Finance, Venus Pipes, and others will be in focus on Thursday's trade.

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Brightcom Group tanks 7% after Sebi refuses to lift restrictions on promoter

SEBI had issued an interim order on August 22, 2023, and on February 28, the markets regulator issued a confirmatory order, confirming the directions it gave for 20 of the 25 noticees in the Brightcom Group case.

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Brightcom shares tank 7% after Sebi's confirmatory order; Shankar Sharma now free to sell stock

Shares of Brightcom Group Ltd (BCG) cracked about 7 per cent during the trading session Thursday after Sebi's confirmatory order.

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Brightcom Group: SEBI Suggests ED Examination in Overseas Loan Settlement by Ex-CMD Suresh Kumar Reddy

Confirming its interim directions against 20 entities in the Brightcom Group Ltd (BGL) matter, the Securities and Exchange Board of India (SEBI) suggested an examination and action if required by the directorate of enforcement (ED) in the settlement of loans advanced to M Suresh Kumar Reddy, former chairman and managing director (CMD) and his companies abroad through allotment of shares in India.

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SEBI issues confirmatory order on Brightcom Group; suggests further examination by ED

Of the directions given to 25 noticees in the interim order in August 2023, directions given to five stand changed in the final confirmatory order.

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Sebi's confirmatory order against Brightcom Group bars CMD from holding directorial role

The regulator has modified its directive against chief financial officer Narayan Raju by restraining him from holding the position of a director or a key managerial person only in Brightcom Group and its subsidiaries.

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Brightcom Group final order: SEBI suggests ED probe; Shankar Sharma free to sell BGL shares

Of the directions given to 25 noticees in the interim order in August 2023, directions given to five stand changed in the final confirmatory order.

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