SEBI suspends trading of Bharat Global for misleading financials, ET LegalWorld
The Security Exchange Board of India (SEBI) has suspended trading in the scrip of Bharat Global Developers Ltd till further orders. The scrip saw a steep 105-times jump in its share price from ₹ 16.14 in November 2023 to ₹ 1702.95 in November 2024. The market regulator found the statements of Bharat Global to misrepresent […]
CCI clears JM Financial’s 43 pc stake buy in JM Fin Credit Solutions, ET LegalWorld
Fair trade regulator CCI on Tuesday cleared JM Financial’s proposed acquisition of a 43 per cent stake in JM Financial Credit Solutions Ltd. JM Financial Credit Solutions is an RBI-registered systemically important non-deposit-taking non-banking finance company (NBFC). It is a subsidiary of JM Financial Ltd (JMFL). It is engaged in wholesale lending activities with a […]