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Data showed MFs held YES Bank shares worth Rs 137 crore as on August 31 compared with Rs 155 crore at the end of July. During the month, they trimmed their holding in the private lender to 15.15 crore shares from 17.67 crore shares. Retail and HNI investors owned 32.32 per cent stake in the lender at the end of the June quarter.

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Alembic Pharmaceuticals Ltd., incorporated in the year 2010, is a Mid Cap company (having a market cap of Rs 15335.85 Crore) operating in Pharmaceuticals sector.

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The acquisition, which is similar to its purchase of Thyrocare in June, is part of the Mumbai-based company’s plans to position itself as a broader online healthcare firm, diversifying from being just an online medicine delivery platform.

NSE probes freak F&O trades

Updated at : 2021-09-15 08:20:01

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The NSE is looking into a series of freak trades that took place in its futures & options (F&O) segment in contracts on five of the most traded stocks — Reliance Industries, Bharti Airtel, HDFC, HDFC Bank and TCS.

Rakesh Jhunjhunwala and BofA Securities bought shares of Zee Entertainment Enterprises worth over Rs 225 crore through open market.

Shree Cement to invest Rs 4,750 cr in Rajasthan

Updated at : 2021-09-15 08:20:01

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Over the mode of financing, the company said it would be done through a mix of "internal accruals and debt".

New Delhi, Sep 14 (PTI) HCL Technologies on Tuesday said it has signed a pact with South Korean software company HANCOM Inc to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion.

NBFCs open their wallets as demand for credit surges

Updated at : 2021-09-15 07:20:01

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The demand for retail credit too is back on track, shrugging off the economic cost of the pandemic.

In another transaction, PGIM India Mutual Fund bought 270,000 shares of ESAB India at Rs. 2,235 apiece through a bulk deal on the NSE.

Sebi proposes to revise settlement rules

Updated at : 2021-09-14 23:20:01

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At present, entities are provided a window of 180 days in total to apply for settlement after receipt of the notice to show cause.

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