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In its December 2024 quarterly results, NSE Clearing, the exchange s unit responsible for clearing and settlement of its trades, reported a shortfall of ₹176.65 crore in its minimum liquid assets. The company informed Sebi in a letter dated January 9, that this deficit was primarily due to the non-receipt of ₹312.37 crore in dues from BSE.

Yields inched up at open and peaked at 6.7100% after a bigger-than-expected government borrowing target for next fiscal year.

Sebi had earlier returned Gaekwad s application, citing non-compliance with its regulations. Gaekwad said he is ready to establish an escrow arrangement upon Sebi s approval and sought necessary approval from the Reserve Bank of India. He has also appointed PL Capital Markets as the merchant banker for this bid.

Danny Gaekwad Developments & Investments has requested Sebi to allow a public announcement for competing offer against Burmans open offer for Religare Enterprises Ltd. They are also seeking to deposit Rs 60 crore in an escrow account and a bank guarantee of Rs 540 crore from RBI.

Drug maker Alembic Pharma on Monday reported Rs 138 crore net profit in Q3FY25, which is 23% year-on-year (YoY) decline compared to corresponding period of previous year, led by lacklustre growth in India business due to headwinds in the acute segment, despite strong sales growth in US and rest-of-the-world businesses.

Gland Pharma on Monday reported 7% year-on-year (YoY) rise in net profit to Rs 205 crores in Q3FY25.

HFCL reported an 11.95% fall in consolidated profit after tax to Rs 72.58 crore for Q3FY25. The consolidated revenue declined by 1.97% year-on-year to Rs 1,011.95 crore. On a standalone basis, HFCL posted quarterly revenue of Rs 960.94 crore, with a PAT of Rs 78.48 crore.

Nasdaq: Wall Street s main indexes dropped at the open on Monday as fears of a full-blown trade war and its impact on the global economy jolted markets around the world after President Donald Trump levied steep tariffs on Mexico, Canada and China.

A Religare Enterprises minority shareholder has filed an appeal against a Delhi High Court’s single judge’s order that refused to halt the Burman family s open offer to acquire an additional 26% stake in the company from public shareholders.