The Securities and Exchange Board of India (Sebi) has directed that restrictions on redemptions from mutual funds may be imposed when there are circumstances leading to systematic crises that constricts market liquidity, repo
BHEL share price closed 2.61 per cent up at Rs 168.95 after the Heavy Industries & Public Enterprises Minister Anant Geete said that the government has no plans to divest part of its holding in the company.
Amtek Auto share price fell as much as 5.62 per cent in the early trade on Monday after the company on Saturday reported a consolidated net loss of Rs 987 crore for the year ended September against a net profit of Rs 848.21 c
Amtek Auto shares jumped as much as 12 per cent in the morning trade on Tuesday after the company informed BSE that it has appointed Morgan Stanley as advisors to assist in the group’s debt reduction plan.
J.P Morgan Asset Management Company (AMC) has received the approval from majority of their unitholders to segregate illiquid assets from J.P Morgan India Treasury Fund and J.P Morgan India Short Term Income Fund.
Amid rising concerns over mutual fund investors' exposure to distressed corporate bonds, regulator Sebi has widened its probe and has sought fresh details from the fund houses on such investment decisions.
Lenders to Amtek Auto have formed a joint lenders’ forum (JLF) to formulate a corrective action plan (CAP) for its Rs 6,500-crore term loans, sources told FE, adding that the JLF will also decide on the company's request fo
Lenders to the crisis-ridden Amtek Auto Group have decided to conduct a special audit of its books before taking a call on extending further loans to the Delhi-based auto component maker, according to banks.
Shares of Amtek Auto plunged 9 per cent, while that of its subsidiary Castex Technologies lost 5 per cent on Thursday after market regulator Sebi began a probe into alleged manipulation of the latter's stock price.
As a crisis continues at Amtek Auto, markets regulator Sebi has begun a probe into alleged share price manipulation at its listed subsidiary Castex Technologies through forced conversion of foreign bonds.