Treat the fall in Sensex as a buying opportunity – Motilal Oswal AMC CEO

The current volatility in the stock market is a good opportunity to put money into shares, said Aashish Somaiyaa, CEO of Motilal Oswal Asset Management Company. He said India continued to be in a ‘long term bull’ market and the fundamentals of the economy continue to be robust. “Any extraneous development which gives an opportunity […]

IiAS says Indian companies need to respect shareholders more

Institutional Investor Advisory Services India Limited (IiAS) has said that many Indian companies are disregarding the boundaries imposed on related party transactions brought in by new SEBI norms brought in over the last few years by passing vague enabling resolutions. IiAS is India’s leading proxy advisory firm and offers voting recommendations on shareholder resolutions. It […]

NSE files defamation suit for reports on algo-trading

NSE has today filed a defamation suit against an organization for publishing what it called unsubstantiated and misleading reports against the exchange. The suit also names the officials of the organization that published such reports, the exchange said. “The exchange has sought withdrawal of those reports etc, as well as, has made a claim of […]

Greenlam Industries lists on bourses today

Greenlam Industries, a specialist in laminates and veneers, got listed on the National Stock Exchange and Bombay Stock Exchange today. Last year, Greenply Industries had announced the demerger of its collective business and formed Greenlam Industries to manage the group’s decorative business with all its assets and liabilities. With the listing of Greenlam Industries today, […]