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The Economic Times

Last day to buy for eligibility! Multibagger smallcap stock goes for 1:10 stock split

Nandan Denim, a multibagger small-cap company, is attracting attention today as the board of directors has set September 19 as the record date for its 1:10 stock split. Consequently, today is the last opportunity for investors to purchase shares and qualify for the split. The company had approved the share sub-division earlier in June before announcing the record date in September.

The Economic Times

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

VST Industries, Laxmi Cotspin, Nandan Denim, Godfrey Philips and Mrs. Bectors Food Specialities, hit their fresh 52-week highs during the day.

Business Standard

DPIIT's copyright rule withdrawal to boost rights owners' position: Experts

The DPIIT'S withdrawal of the September 2016 office memorandum regarding extending the scope of a copyright rule to internet transmissions would bolster the position of copyright owners and aid them in negotiating better royalty rates, according to experts. Last week, the Department for Promotion of Industry and Internal Trade (DPIIT) withdrew an office memorandum regarding extending the scope of Section 31D to internet transmissions. In 2016, through an office memorandum, the government decided to include Internet broadcasting under the purview of the Copyright Act. DPIIT has said that in light of the decision of the Division Bench of the High Court of Bombay in the matter of Tips Industries Ltd vs Wynk Music Ltd, the office memorandum issued by the department on September 5, 2016, is "hereby rescinded". This section talks about statutory licences for the broadcasting of literary and musical works and sound recordings. Abhay JV, Partner, Shardul Amarchand Mangaldas & Co said that