SEBI restrains Omaxe, promoter-linked entities from markets for violation of MPS norms

IANS | September 26, 2026 9:48 AM

Mumbai, Sep 26 (IANS) The Securities and Exchange Board of India (SEBI) has found real estate developer Omaxe Ltd and certain promoter‑linked entities liable for routing company and group funds to acquire Omaxe shares in 2013 offer-for-sale (OFS), a move which allegedly faked compliance with minimum public shareholding norms.

India clocks 6 per cent rise in FDI at $19.81 bn during April-June

IANS | September 25, 2026 9:03 PM

New Delhi, Sep 25 (IANS) Foreign direct investment (FDI) flows into India recorded a 6 per cent increase to $19.81 billion in the April-June quarter of the current financial year compared to the corresponding figure of $18.62 billion in the same quarter of 2025-26 despite the global uncertainties, according to figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).