Новости за 12.04.2024

Truong My Lan, chairwoman of Van Thinh Phat Holdings Group, has been sentenced to death for her role in a $12.5 billion financial fraud, the largest in Vietnam's history. The verdict is part of Vietnam's crackdown on corruption led by General Secretary Nguyen Phu Trong, with 84 defendants receiving sentences ranging from probation to life imprisonment. Lan's case highlights the pervasive nature of corruption in Vietnam's state and economy, with the "Blazing Furnace" campaign targeting senior officials and business executives.

Mamata Banerjee refutes BJP's terrorism allegations against West Bengal, highlighting prompt arrests. Accuses BJP of spreading falsehoods and misusing central agencies. Questions BJP's governance in various states during a rally in Cooch Behar.

HDFC Bank's stock reacts to MUFG's 20% stake purchase in HDB Financial Services at $9-10 billion valuation pre-IPO.

The National Company Law Appellate Tribunal (NCLAT) has halted insolvency proceedings against Deccan Charters, owned by Captain GR Gopinath, until April 26, 2024, following a plea by financial creditor Krone Finstock citing a default of Rs 10 crore. NCLAT directed a reply from Krone Finstock within four days and instructed the interim resolution professional to pause proceedings.

GSTR-1 deadline: The last date to file GSTR-1 for March 2024 tax period was April 11, 2024, however GSTN has recommended to the Central Board of Indirect Taxes and Customs (CBIC) that the deadline to file GSTR-1 be extended by one day to April 12, 2024. However as of 1 pm on April 12, 2024 no circular or notification from CBIC has come in this regard.

The market regulator has asked the MF houses to publish the stress test results on their respective websites by the 15th of every month. The main purpose of the stress test was to make mid and smallcap investors aware of the risks associated with and the impact of volatility on the portfolio.

On the technical charts, the RSI of the stock stood at 57.14.

Sensex and Nifty plummeted as FPIs sold off, influenced by US inflation and tweak in India-Mauritius tax treaty. Investors are also cautious on valuations, profit booking, and rising commodities prices. EPS growth is likely to moderate in Q4 earnings season which begins today with TCS.

​There is another provision like principal purpose test or MLI which further requires that the FPIs or any other investors which are based in Mauritius need to have a commercial rationale or a justification to be organised or to be based in Mauritius.

The stock quoted a 52-week high price of Rs 1560.3 and low of Rs 687.5.

German home appliances giant BSH Hausgeräte GmbH considers India, alongside Turkey, its second-largest emerging market and a key focus area. With double-digit growth in categories like built-in appliances and dishwashers, BSH eyes sustained growth, aiming for double-digit figures in 2024 amidst the Indian market's 7-8% growth rate.

Sudeep Shah, from SBI Securities, predicts market consolidation and bullish movement towards 22,950-23,000. He further Recommends Aditya Birla Capital and MCX stocks and anticipates positive trends in the pharma sector, specifically mentioning Concord Bio.

A total of 28,979 shares changed hands on the counter till 01:59PM (IST)

Upendra Kushwaha, former Union Minister and NDA nominee from Karakat Lok Sabha seat, has expressed concern over farmers in his constituency and Bihar not receiving minimum support prices and being vulnerable to middlemen. Kushwaha believes that the NDA government, led by Prime Minister Narendra Modi, has taken steps to eliminate middlemen and guarantee better prices for farmers' produce.

Zerodha Co-Founder Nikhil Kamath has alerted investors about not being part of any WhatsApp group that gives stock recommendations.

24Seven, a popular late-night convenience store in India, may face closure or seek new investors after its parent company, Godfrey Phillips India, announced its exit from the retail business division. The company's negative net worth as of March 31, 2023, stems from accumulated losses. The retail business generated Rs 396 crore in FY23, accounting for 9.3% of the total revenue for the Modi Enterprises-led company and the retail division.

Maldives explores paying imports in Maldivian Rufiyaa with India, China. Saeed aims for non-dollar payments, stronger Rufiyaa, bilateral trade. Currency swap plans with China in progress for Yuan or Rufiyaa payments.

A total of 7,670 shares changed hands on the counter till 01:49PM (IST).

The National Law School of India University in Bengaluru received a grant from the JSW Group for the redevelopment of its academic block and establishment of the 'JSW Centre on the Future of Law'. The grant will add four floors to the existing two-storeyed building and support research on the impact of technology on the legal system.

Greenhitech Ventures shares are trading with a GMP of Rs 15 in the unlisted market. This compares with an offer price of Rs 50 apiece, indicating healthy gains for investors on debut if the trends sustain.

​Coimbatore District ​BJP Secretary Ramesh has also been named in the FIR along with Annamalai. ​The BJP leader was reportedly in the region post 10 pm - the time limit dictated by the election code of conduct for parliamentary​ elections - after his campaign ran late.

Mahindra Group Chairman Anand Mahindra was recently left impressed with the newly-opened Thalassery-Mahe Bypass in Kerala.

A total of 256,796 shares changed hands on the counter till 01:44PM (IST)