Articles for tag: BGR, Disclosure, Energy, Fines, Investor, Jeopardizing, Lakh, Lapses, Market, Regulations, SEBI, Systems, Trust, Violation

September 24, 2024

Sebi fines BGR Energy Systems ₹9 lakh for serious disclosure lapses and violation of market regulations, jeopardizing investor trust.

BGR Energy Systems Ltd has been fined Rs 9 lakh by the Securities and Exchange Board of India (Sebi) for failing to meet disclosure requirements and violating Market regulations. A recent investigation revealed that the company did not comply with the Listing Obligations and Disclosure Requirements (LODR) rules, particularly concerning the late submission of audited ...

September 24, 2024

Market News

Business

India’s UPI seeks global expansion, negotiating digital payment systems in Africa and South America, aiming for launches by 2027.

India is actively working with several countries in Africa and South America to establish digital payment systems based on its successful Unified Payments Interface (UPI) model. Ritesh Shukla, CEO of NPCI International Payments Ltd, announced that two projects are expected to launch by early 2027, following agreements with Peru and Namibia earlier this year. The ...

September 23, 2024

Market News

Business

HFCL partners with General Atomics to develop drone detection systems, marking a pivotal advancement in defense technology.

HFCL, an Indian telecom company, has been chosen by General Atomics Aeronautical Systems to develop key sub-systems for their advanced unmanned aircraft systems. This collaboration marks a significant achievement for HFCL, showcasing its expertise in cutting-edge technology. Among the projects, HFCL is working on a drone detection radar, essential for modern surveillance operations. The company’s ...