Sift races ahead on road to Paris

Asia Securities Industry & Financial Markets Association (Asifma) has raised concerns about the Securities and Exchange Board of India (Sebi) proposal to introduce a T+0 settlement cycle. The industry association of top foreign portfolio investors (FPIs) has stated that this move could give rise to several issues, including the bifurcation of the market, liquidity fragmentation, and deterioration of market quality. In a discussion paper floated last month, Sebi has proposed a separate same-day settlement cycle that will run parallel to the existing T+1 cycle, where trades are settled the next day.

The Mumbai international airport has received an email threatening to blow up its Terminal 2, with the sender demanding one million dollars in Bitcoin to prevent the blast, the police said on Friday.

Suryakumar Yadav leads a sprightly bunch of 'Gen-Next' stars against a strong Australian side in a five-match T20 series, starting in Visakhapatnam on Thursday.

Suryakumar Yadav has been named captain for India's upcoming T20I series against Australia.

Post your health-related questions for rediffGURU Rebecca Pinto.

India's Shubhankar Sharma produced the best-ever result by an Indian at golf's oldest Major, the Open Championships, as he finished tied-eighth in Hoylake on Sunday.

Ten people were injured when the shuttle bus they were traveling in from Terminal-1 to 2 of the Kempegowda international airport in Bengaluru crashed into a pillar early on Sunday, airport authorities said.

Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle. About 200 stocks, which account for more than 80 per cent of India's market capitalisation, will be settled on a next-day basis, with effect from January 27. This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.

The Adani group will invest Rs 10,700 crore into Lucknow airport's expansion so that its annual passenger handling capacity zooms from 4 million passengers per annum (MPPA) to 39 MPPA. The airport's expansion plan received clearance from the Union environment ministry on December 15. However, the plan submitted to the ministry did not mention the deadline for the expansion.

The country's largest airline IndiGo and Air India have asked passengers to reach Delhi airport at least 3.5 hours prior to domestic departures.

In recent days, there have been complaints from passengers about long queues and waiting hours at the airport.

'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'

The check-in process at Mumbai international airport's T2 has been hit, with all systems going down. This has resulted in huge queues at all counters, affecting check-ins and passage drops.

Prime Minister Narendra Modi will on Friday inaugurate the Terminal 2 of the Kempegowda International Airport in Bengaluru that has been built at a cost of around Rs 5,000 crore, according to officials.

There was no damage to the plane and no one was injured, aviation industry sources said.

Khanna on his part was quick to issue a reprimand to the weightlifting team manager.

Sharvari rocks the sari... Esha sends love from Miami... Swara adds sunshine to her wardrobe...

Overseas investors, as well as other key stakeholders, such as brokers, custodians, and clearing corporations, are yet to iron out critical issues, even as the shift towards a shorter trade settlement cycle approaches new phases. Several industry players said foreign portfolio investors (FPIs) are still facing impediments over the trade confirmation timelines, foreign exchange (forex) bookings, and pre-funding requirements. This could potentially act as a roadblock when it comes to moving entirely to the new T+1 settlement cycle from next year.

Chasing his first win on the PGA Tour, India's Anirban Lahiri will take a one shot lead into the final day of The Players Championship after completing the third round with a 5-under 67 at TPC Sawgrass in Ponte Vedra Beach, Florida.

Currently, trades on the Indian stock exchanges are settled within two days, just like most major markets such as Singapore, Hong Kong, Australia, Japan, and South Korea. Indian exchanges, however, will be moving to T+1 settlement from February 25 in a phased manner.

Passengers coming from 'at-risk' countries to six major Indian airports have to compulsorily pre-book for the on-arrival RT-PCR test from December 20 onwards, the civil aviation ministry said on Tuesday.

Tim Southee will captain the T20 side.

The back to back Test series wins in Australia must rank as Ravi Shastri's greatest achievement as India's coach.

India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.

A global association for regulated funds that is leading efforts to shorten the settlement cycle for US equities has reached out to the Securities and Exchange Board of India (Sebi) with a plea to extend the T+1 implementation timeline by 18 months. The short transition period of four months does not provide foreign portfolio investors (FPIs), their services providers, and broker dealers sufficient time to make the necessary operational and compliance changes to accommodate a shorter settlement cycle, ICI Global said in its letter addressed to Sebi chairman Ajay Tyagi written a few days back. ICI Global carries out the international work of the Investment Company Institute (ICI), a global association for regulated funds, whose members manage assets of more than $42 trillion.

GoFirst, AirAsia India, Star Air and TruJet will resume all their domestic operations from Terminal 1 from October 20 midnight, the private airport operator said in a release.

Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi on Thursday defended the recent reforms announced by the regulator, such as peak margin norms and shortening of the trade settlement cycle, saying they were in the interest of investors. The moves were criticised by the broking community and the foreign portfolio investors (FPIs). Speaking to the media after his inaugural address at the CII Financial Markets Summit, Tyagi said: "The new peak margin norms are in everyone's interest.

The Securities and Exchange Board of India (Sebi) has introduced an optional T+1 settlement cycle for the markets. T+1 means that settlements will have to be cleared within one day of the actual transactions taking place. The regulator has put the onus on the stock exchanges to decide whether they want to opt for the shorter settlement cycle for any of the listed scrips. This can be done after giving a one-month prior notice to all stakeholders.

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Investing in unlisted shares is not difficult. At any given point, many investors and employees are willing to sell their holdings because they need money. Buyers can negotiate a price with them, suggests Sarbajeet K Sen.

The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA) has decide to once again consolidate its flight operations to one terminal -- T2 -- from April 21 amid the rising number of Covid-19 cases in the city.

The entire proceeds from the sale of Reliance Centre will be utilised only to service YES Bank debt.

The 50-year-old Englishman, who had served as batting coach of Sri Lanka cricket team, will step in the shoes of Neil McKenzie, who stepped down last August citing family reasons.

Sreesanth, who was part of the triumphant Indian squads in the 2007 World T20 and the 2011 World Cup, was earlier named in one of the squads for a local T20 tournament to be conducted by Kerala Cricket Association in Alappuzha from December 17.

Cummins was rested for the final ODI and will also miss the upcoming T20 series as part of his workload management.

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

At one stage, Rahul Tewatia was struggling on 17 from 23 balls, before he smashed his way to a remarkable 53 from 30 balls to help Rajasthan Royals make IPL history.

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

Several brokers used shares of dormant or inactive clients to provide margins for other more active clients. This prompted Sebi to rework its entire system of pledging.