In 2024, half of the companies listed on mainboard exchanges experienced a decline in their stock prices within a month of their listing, as investors seeking quick profits sold their shares soon after the debut. While the average listing day gains for Initial Public Offerings (IPOs) stayed consistent with 2023 at around 27%, data indicates … Read more
The Securities and Exchange Board of India (SEBI) has granted Spice Healthcare an exemption from the obligation to make an open offer to SpiceJet shareholders. This exemption pertains to Spice Healthcare’s acquisition of additional shares in SpiceJet through the conversion of warrants, as disclosed by the airline in a BSE filing on Saturday. As a … Read more
The Congress party has called for the resignation of SEBI Chairperson Madhabi Buch and a thorough investigation by a Joint Parliamentary Committee (JPC) into the alleged Adani “mega scam.” This demand comes after a media report raised concerns about possible conflicts of interest involving Buch.Congress General Secretary Jairam Ramesh pointed to an article by The … Read more