Author: admin@thebankingtimes.in
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Russia appeals global aviation agency’s decision blaming it for downing MH17 over Ukraine in 2014
Russia is challenging the International Civil Aviation Organization’s ruling that held them responsible for the downing of Malaysia Airlines Flight 17 in 2014, appealing to the International Court of Justice. Moscow contests the ICAO’s decision on jurisdictional, legal, factual, and procedural grounds, alleging a biased investigation influenced by the Netherlands and Ukraine.
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VMS TMT’s Rs 148.50-cr IPO subscribed 102.26 times
The initial public offering (IPO) of TMT bars manufacturer VMS TMT Ltd garnered a whopping 102.26 times subscription on the closing day of share sale on Friday, driven by strong investors’ participation.
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Sebi’s tweak on capital gains simplifies securities transfer from nominee to legal heir. Check details
Sebi has simplified the process of transferring securities from nominees to legal heirs by introducing a standard reason code ‘TLH’. Effective January 1, 2026, this ensures exemption clarity under Section 47 of the Income Tax Act.
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Sebi proposes regular updates of NAVs by AIFs in depository systems
To promote transparency in the Alternative Investment Fund (AIF) ecosystem, Sebi on Friday proposed that AIFs should regularly update the net asset value (NAVs) of their units in the depository system.
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Norges Bank adds multibagger Cartrade Tech, 2 more smallcaps in Rs 209 crore worth bulk deals
Norway’s sovereign wealth fund, via Norges Bank, purchased shares worth Rs 209 crore in Cartrade Tech, Aarti Pharmalabs, and Tanla Platforms through bulk deals, highlighting confidence in select smallcaps despite mixed stock performances.
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Ashish Kacholia invests in Ganesh Consumer’s Rs 122 crore anchor round ahead of IPO
Ganesh Consumer Products raised Rs 122 crore from anchor investors ahead of its Rs 409 crore IPO opening on September 22. Marquee domestic and global funds subscribed shares at Rs 322 per share.
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Force Motors bulk deal: BNP Paribas sells shares worth Rs 122 crore in multibagger stock
BNP Paribas sold 65,610 Force Motors shares worth Rs 122 crore via a bulk deal at a 2% discount. Despite the sale, the stock remains a strong multibagger performer.
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VMS TMT IPO Allotment – Will You Get Lucky in 102x Oversubscription?
VMS TMT IPO Review VMT TMT vs Peers VMS TMT IPO allotment status is not available right now. Allotment status has been made available on 22 September 2025, as per the timeline provided in the red herring prospectus (RHP) of the IPO. The grey market premium (GMP) for VMS TMT has surged to approximately INR 19, indicating a potential…
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This new proposal could help workers fight age discrimination by giving them their day in court
The Protecting Older Americans Act would free workers from forced arbitration. Source: MarketWatch.com – Top Stories
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This new proposal could help workers fight age discrimination by giving them their day in court
The Protecting Older Americans Act would free workers from forced arbitration. Source: MarketWatch.com – Top Stories