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Nifty futures on the Singapore Exchange traded 106 points, or 0.69 per cent, kiwer at 15,222 in signs that Dalal Street was headed for a gap-down start on Wednesday. Here are a few stocks which may buzz the most in today s trade:
Adani Ports and SEZ: The company said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT.
FRL: The Securities Appellate Tribunal (SAT) has stayed an order passed by market regulator SEBI that had banned Future Retail Chairperson Kishore Biyani and some other promoters from the securities market for one year for alleged insider trading.
The Securities Appellate Tribunal has stayed an order passed by market regulator SEBI that had banned Future Retail Chairperson Kishore Biyani and some other promoters from the securities market for one year for alleged insider trading.
SAT has also directed the Future Group promoters to deposit a sum of Rs 11 crore as an interim measure., , kishore biyani, future group, amazon india, reliance industries
SAT stays SEBI’s order banning Kishore Biyani, other Future promoters from markets
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Kishore Biyani. File
The Securities Appellate Tribunal (SAT) has stayed the order passed by market regulator SEBI, that had put a one-year ban on Future Retail Chairperson Kishore Biyani and some other promoters from the securities market.
SAT has also directed the Future Group promoters to deposit a sum of ₹11 crore as an interim measure.
“In a hearing held on February 15, 2021, the Securities Appellate Tribunal has stayed the effect and operation of SEBI’s order accusing the promoters of the Future Group of insider trading in the context of purchases of Future Retail shares made in March 2017,” Future Corporate Resources Private Limited (FCRPL) said in a statement.