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Reliance Communications shares fell after receiving a show-cause notice from the Central Bank of India proposing to classify Rs 400 crore of loan accounts as fraud and report to the RBI. The company is under ongoing insolvency proceedings.
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News and Media
Charlie Kirk, a conservative figure, was shot at Utah Valley University. The incident occurred during a campus event. Kirk was addressing questions when the shooting happened. Panic ensued as the crowd dispersed. The shooter remains at large. The event sparked condemnation and discussions about political violence. Vigils and tributes were held in Kirk's honor. Police are investigating the incident.
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News and Media
Bandhan Mutual Fund's Innovation Fund has delivered impressive double-digit gains, outperforming the Nifty 500 TRI significantly since its launch. Prateek Poddar attributes this success to a long-term investment mindset, in-depth research, and diversified stock selection focused on companies demonstrating innovation through profit pool shifts and new product creation. The fund sees consumption as a key driver for future market growth.
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News and Media
Patanjali Foods' shares turned ex-bonus on Thursday, September 11, following a 2:1 bonus issue. Shareholders who held the stock by Wednesday's close are eligible to receive two additional shares for each share owned. While the bonus issue expands holdings, the stock's performance has been mixed, with a year-long decline contrasting recent gains over the past three months.
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News and Media
Attention traders! 37 million JSW Cement shares, representing 3% of equity and valued at $62 million, become available for trading today as the one-month shareholder lock-in period expires. This event, the largest among peers this month, is expected to increase liquidity but could also create downward pressure if investors choose to sell.
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News and Media
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