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Spot gold was down 0.2% at $1,918.29 per ounce by 0130 GMT. U.S. gold futures also slipped 0.2% to $1,918.40.

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Investment bankers are privy to price sensitive information such as pricing in share sales or deals by companies. Sources said Sebi is checking whether these bankers passed on information to their relatives.

Joyalukkas plans IPO to raise up to Rs 2,500 crore

Updated at : 2022-03-23 08:10:03

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Edelweiss Financial Services, Haitong Securities, Motilal Oswal Investment Advisors, and SBI Capital Markets are the merchant bankers to the issue, said one of the persons cited above.

Apple Inc, Microsoft Corp, Amazon.com Inc , Alphabet Inc and Tesla Inc gave the biggest boosts to the S&P 500 and the Nasdaq. The S&P 500 technology index rose 1.4% on the day, but remained down 10% for the quarter so far, among the sharpest declines of the major sectors.

BSE seeks info from Paytm on share price freefall

Updated at : 2022-03-23 00:30:03

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This is an all-time low for the company’s stock price. Paytm’s issue price was Rs 2,150 when it listed on the bourses last November.

The MSP of Raw Jute (TDN3 equivalent to TD5 grade) has been fixed at Rs.4,750 per quintal for 2022-23 season with an increase of Rs.250 over the previous year.

IHCL to launch QIP worth Rs 2,000 crore

Updated at : 2022-03-22 22:25:02

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In October last year, the company had announced plans to raise upto Rs 2000 crore by way of a way of a rights issue and another Rs 2000 crore through QIP subject to receipt of regulatory approvals.

Two sets of Nayara bonds were outstanding worth Rs 2,542 crore, according to Prime Database. Those were sold in December 2020 and August 2021, with five-year and three-year maturities, for Rs 257 crore and Rs 2,285 crore, respectively.

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Of the total cards in circulation, credit cards accounted for 7 per cent market share while debit cards represented 93 per cent.

It was not clear who sold these shares. The transaction was valued at Rs 29 crore. It comes barely days after Vanguard bought a stake in the company via a similar route.

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