Shutterstock.comOn the BSE, Ibull Real Estate(down 19.98 per cent), Sterling Tools(down 15.67 per cent), Apar Industries(down 14.78 per cent), Ceejay Finance(down 13.51 per cent) and Alacrity Sec(down 11.29 per cent) stood among the top losers in today's trade.
In the Nifty pack, 26 stocks closed in the green, while 22 stocks ended in the red.
The index closed 1.55 points up at 18265.95.
On the BSE, Galactico Corporate, Saumya Consultants, TCNS Clothing, Roni Households and Wardwizard Innov hit their fresh 52-week lows, while Mankind Pharma, Kerala Ayurveda, Graviss Hosp, Stylam Ind and Jai Balaji Inds touched their fresh 52-week highs in today's trade.
Tuesday, 09 May, 2023- Front Page
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- Govt Mulls New Framework to Put IBC Cases on Fast Track
The government is considering a creditor-led insolvency resolution mechanism under the bankruptcy law to fast-track settlement and ease the burden on the National Company Law Tribunal (NCLT), people aware of the development said.
In ‘Reverse Flip’, Razorpay Parent Returning to IndiaBengaluru headquartered digital payments firm Razorpay is in the process of moving back its parent entity to India from the US, amid tighter sectoral regulations, said two people aware of the matter.The development comes months after Walmart-owned online payments firm PhonePe shifted its holding company to India from Singapore.
GST Violations Case: MoF Refuses to Act on Insurers’ Plea, Refers Matter to IrdaiThe finance ministry has declined to intervene in a plea for relief made by the insurance industry, which is facing penal action from tax authorities for goods and services tax (GST) input tax credit violations.
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