Sebi slaps Rs 28.95 crore penalty on Suzlon, promoters over misleading financial disclosure

Capital markets regulator Sebi has imposed penalties totalling Rs 28.95 crore on Suzlon Energy, its chairman and managing director Vinod R Tanti, promoter Girish R Tanti and others for alleged misstatements in the company’s financial disclosures spanning several years, PTI reported.In a 96-page order issued on Friday, Sebi said Suzlon Energy Ltd’s financial statements did…

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Watch: Rahul Gandhi dons auto driver’s uniform, shares meal and interacts with them in Delhi | India News

NEW DELHI: Leader of opposition in Lok Sabha, Rahul Gandhi on Friday interacted with autorickshaw drivers in Delhi’s Bengali Market area, sitting down with them over lunch as they spoke about rising expenses and daily struggles.The Congress leader was seen wearing an autorickshaw driver’s uniform during the interaction at Todarmal Park. He also shared a…

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Gold, Silver Rate Today Live Updates: MCX Gold, MCX Silver prices drop; International gold prices move up as all eyes on US-Iran peace deal

Yesterday, spot gold fell below the 200 DMA support at $4395 before it recovered on the news that US and Iran have agreed to a preliminary deal that would extend the ceasefire by 60 days. As per the Memorandum of Understanding/preliminary deal, Iran will normalise traffic in Strait of Hormuz in thirty days. US and…

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A truce, $300 billion investment plan and Hormuz: What’s in the draft deal that can end US-Iran war

Representative image (AI) US and Iran mediators are now engaged in high-stakes negotiations aimed at ending the conflict, despite a fragile ceasefire in place and months of turmoil in the Middle East triggered by Donald Trump’s ambitious military campaign launched on February 28.The possible truce plan includes key bargaining points between the two sides, including…

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Forex reserves fall $7.5 billion to $681.4 billion as gold, foreign currency assets decline

India’s foreign exchange reserves fell by $7.511 billion to $681.384 billion in the week ended May 22, extending their decline for a second consecutive week, according to data released by the Reserve Bank of India (RBI) on Friday, reported PTI. The reserves had dropped by $8.094 billion in the previous reporting week to $688.894 billion….

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Paxos wins SEC approval to clear U.S. stocks on blockchain

Paxos Securities Settlement Company, LLC (PSSC) has received full registration to provide clearing and settlement services by the U.S. Securities and Exchange Commission (SEC). Stablecoin issuer Paxos said the regulatory milestone makes its subsidiary the first blockchain firm authorized to operate as a central securities depository (CSD) for traditional equities in the U.S., positioning it…

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Dk Shivakumar: Who will be Karnataka’s next CM? What DK Shivakumar said on ‘nameplate change’ | India News

NEW DELHI: Karnataka deputy chief minister DK Shivakumar on Friday remained tight-lipped over speculation surrounding the “nameplate” change in the state, following Siddaramaiah’s resignation as chief minister.“I will not open my mouth,” Shivakumar said when asked about the “nameplate change”.Earlier while speaking to reporters in Delhi, Shivakumar also declined to comment on Rajya Sabha nominations….

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