Sebi said in an ex-parte interim order dated September 27 that Ramit Chaudhri, the Infosys employee, and Keyur Maniar, a Wipro staffer, have been banned from trading in securities and that their demat and bank accounts have been frozen.
While appreciative of the scheme, electric vehicle (EV) makers say they would not qualify if the criteria remains the same for everyone. Most of the specialised EV makers are small and several such as Hero Electric, Ather Energy and Kinetic Green are startups.
Oil prices fell on Thursday, extending losses after official figures showed an unexpected rise in inventories in the United States although prices seem to have stabilised following a recent run of gains. Brent crude was down 11 cents at $78.53 a barrel by 0137 GMT, after falling 0.6% on Wednesday. U.S. oil fell 5 cents to $74.78 a barrel, having also declined by 0.6% in the previous session.
Gold prices inched up on Thursday but hovered near a seven-week low, constrained by a strong dollar and expectations of the U.S. Federal Reserve winding down stimulus measures soon. Spot gold was up 0.2% at $1,729.83 per ounce by 0054 GMT. Prices fell to their lowest level since Aug. 9 at $1,720.49 on Wednesday.
Exporters claim they have not been able to meet export obligations due to the pandemic. They say the government should either allow them to continue to avail the scheme by extending their time period or give them tax credit that they can adjust against future tax liabilities.
The government has been getting demands from various industry bodies and other stakeholders to extend the scheme to ensure continued support to eligible sectors and businesses.
Speaking at the telco’s 26th Annual General Meeting (AGM) on Wednesday, Kapania added that recently announced reforms will help preserve a healthy market structure of three private players - Reliance Jio, Bharti Airtel and Vodafone Idea (Vi).
​“CIL has taken up this on a mission mode. Availability of coal and subsequent supplies will be ramped up. Despatches to coal fired plants from October onward are aimed at 1.5 MTs per day going beyond 1.6 MTs in due course†said Satyendra Nath Tiwary, director (marketing), at Coal India.
Weighing in on a global debate, Vaishnaw said online platforms need to remunerate original creators and publishers of content "adequately" for all the intellectual property (IP) they produce.
Invesco Developing Markets Fund has moved to the NCLT against media major Zee Entertainment for not calling an EGM of the company.
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