Stock market ends in green in a volatile session
At close, the Sensex was up 301.93 points or 0.36% at 83,878.17, and the Nifty was up 106.95 points or 0.42% at 25,790.25.
At close, the Sensex was up 301.93 points or 0.36% at 83,878.17, and the Nifty was up 106.95 points or 0.42% at 25,790.25.
In a latest development in the PMLA case involving industrialist Anil Ambani, former Yes Bank CEO Rana Kapoor on Monday joined the Enforcement Directorate’s (ED) investigation. Kapoor appeared at the ED headquarters in New Delhi for questioning.
Reliance Infrastructure Ltd on Monday announced that it has fully settled a loan of approximately Rs 273 crore, including interest, owed by its wholly owned subsidiary, JR Toll Road Pvt Ltd (JRTR), to Yes Bank.
The extension comes as the Mumbai-based bank has launched the search for a new CEO and is engaging with global recruitment firms.
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 29,60,000 on Yes Bank Limited for non-compliance with certain directions issued by the apex court on ‘Financial Statements Presentation and Disclosures'.
In the last one year, share price of Yes Bank has fallen by 84.18 per cent and 72.67 per cent since the beginning of this year.
The stock plunged 9.89 per cent to Rs 12.30 on the BSE.
The bank originally received 93 per cent subscriptions but after adding the anchor investors' portion the total numbers rose to 95 per cent.
FPO is the second round of public issue of shares by an already existing or listed public company.
As per the reports, the properties attached includes bungalow in Delhi at 40, Amrita Shergil Marg and his flats in Mumbai’s Worli and Indiabulls One.
