Following the reduction in settlement cycle to T+2, the National Stock Exchange has introduced a 15-minute 'closing session' after normal market hours to provide investors opportunity to close their trading positions.
That it has been threatening to review this rule for a while is old hat anyway.
To boost fund raising from markets, Sebi on Thursday proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.
India's two largest bourses, the National Stock Exchange and the Bombay Stock Exchange, said on Monday that they are on course to shift to a T+2 rolling settlement cycle from Tuesday
GVK Skycity's 20-million sq ft commercial space will be bigger than that in BKC; bids invited for first phase.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
'On Sunday against South Africa, Shikhar Dhawan took the spotlight and eventually, the Man of the Match award, with a century, but it was Ajinkya Rahane's innings that held the key to India topping the 300 mark.' Prem Panicker's match report card, for Rediff.com.
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