News for 'Board of Trade'

Amid Annamalai buzz, DMK, AIADMK fight hard

Amid Annamalai buzz, DMK, AIADMK fight hard

Rediff.com17 Apr 2024

BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.

Sebi having second thoughts over its trading plans

Sebi having second thoughts over its trading plans

Rediff.com13 Mar 2018

The regulator had introduced trading plans to provide an opportunity for those holding possible insider information to legitimately trade, without violating insider trading regulations

Centre Assesses Threats As Sea Piracy Surges

Centre Assesses Threats As Sea Piracy Surges

Rediff.com29 Dec 2023

'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'

NSE makes fresh attempt to settle TAP regulatory investigation

NSE makes fresh attempt to settle TAP regulatory investigation

Rediff.com20 Jul 2023

The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse. The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022. "NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi.

Time To Be Cautious In Small And Midcap Funds?

Time To Be Cautious In Small And Midcap Funds?

Rediff.com18 Mar 2024

Those who cannot bear significant downturns (as much as 40 per cent) or have a short horizon should exit entirely.

Renault plans 5 new cars in 3 yrs, seeks regulatory clarity

Renault plans 5 new cars in 3 yrs, seeks regulatory clarity

Rediff.com10 Jan 2024

The Centre should provide a clear regulatory pathway that it will follow so that automobile companies can plan their investments and car launches accordingly, Venkatram Mamillapalle, managing director (MD) & chief executive officer (CEO), Renault India Operations, said on Tuesday. Renault is planning to launch five cars - including a B-plus segment sport utility vehicle (SUV), a C-segment SUV and an electric vehicle (EV) - in India in the next three years, he told reporters. In early 2022, the ministry of road transport and highways had announced that cars in India would be required to have six airbags from October 1, 2022.

Will RBI Governor Get An Extension?

Will RBI Governor Get An Extension?

Rediff.com9 Jan 2024

'After a long time, we have a governor who is approachable. The RBI's interactions with us are now much better.'

'This Election Captures The Evolution Of India From 2014 To 2024'

'This Election Captures The Evolution Of India From 2014 To 2024'

Rediff.com4 May 2024

'2019 was fought on delivery. But in 2024, you can see the before and after effects.'

CBI shuts case against firm founded by former Mumbai top cop

CBI shuts case against firm founded by former Mumbai top cop

Rediff.com29 Aug 2023

In its closure report submitted before a special CBI court New Delhi, the agency is understood to have said it did not find enough evidence to prosecute the accused.

Gukesh outwits Ian; Pragnanandhaa holds leader Giri

Gukesh outwits Ian; Pragnanandhaa holds leader Giri

Rediff.com19 Jan 2024

Grandmaster R Pragnanandhaa held tournament leader and defending champion Anish Giri of Holland to a draw on the day.

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Rediff.com25 Sep 2023

Entities belonging to the Burman family, the promoter of Dabur India, on Monday announced a Rs 2,116 crore open offer to shareholders of Religare Enterprises Ltd (REL) to acquire up to an additional 26 per cent stake in the company as part of its strategy to enter the financial services space. Post the open offer, the family's stake in the financial services firm is expected to increase to 51 per cent. The open offer is made to increase the family's stake and take control of REL and this will mark the entry of Burmans into the financial services space.

Meet IAF's Women Agniveers

Meet IAF's Women Agniveers

Rediff.com7 Mar 2024

'Training was incredible and thrilling, be it firing weapons, drill or 10 km runs and push-ups. It gave us unforgettable memories and inculcated soldier like qualities.'

Tatas to be India's first homegrown iPhone maker

Tatas to be India's first homegrown iPhone maker

Rediff.com27 Oct 2023

Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.

Adani hikes stake in two group companies

Adani hikes stake in two group companies

Rediff.com10 Sep 2023

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.

How India Inc plan to curb insider trading

How India Inc plan to curb insider trading

Rediff.com29 Jun 2018

India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.

RBI Rules Make It Difficult To Attract Talent

RBI Rules Make It Difficult To Attract Talent

Rediff.com5 Jun 2023

A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.

Modi, Hasina open first NE-Bangladesh rail link, can reach Kolkata faster now

Modi, Hasina open first NE-Bangladesh rail link, can reach Kolkata faster now

Rediff.com1 Nov 2023

The cross-border rail project near Tripura's capital Agartala and Akhaura in Bangladesh is expected to boost cross-border trade, and significantly reduce the travel time between Agartala and Kolkata via Dhaka.

Court Verdict Reopens Question On Hindu Identity

Court Verdict Reopens Question On Hindu Identity

Rediff.com13 Feb 2024

What should be made out of the Madras high court order involving non-Hindus' entry into Hindu temples, when many non-Hindus are among the hundreds of thousands that have been worshipping at these temples for generations, asks N Sathiya Moorthy.

Sebi's new rules for executing trades may open Pandora's box for MFs

Sebi's new rules for executing trades may open Pandora's box for MFs

Rediff.com23 Dec 2020

Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.

'US-India relationship is not only about trade'

'US-India relationship is not only about trade'

Rediff.com17 Oct 2017

'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'

Mobile trading gathers steam

Mobile trading gathers steam

Rediff.com11 Jul 2011

It's been just nine months since the Securities and Exchange Board of India (Sebi) gave its nod to mobile trading. But the trend has caught up with trades through uniform resource locator (URL)- and wireless application protocol-based systems.

Aarya 3 Review: Too many subplots

Aarya 3 Review: Too many subplots

Rediff.com9 Feb 2024

Aarya Aakhri Vaar should have been slicker and more polished than the first, or at least ended with a louder bang, observes Deepa Gahlot.

India's Startup Scorecard

India's Startup Scorecard

Rediff.com2 Apr 2024

For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.

Govt tightens trade union norms

Govt tightens trade union norms

Rediff.com4 Oct 2015

There have been several occasions when workers have raised an industrial dispute with employers demanding compensation for being retrenched due to continued illness

Sebi approves new insider trading rules

Sebi approves new insider trading rules

Rediff.com19 Nov 2014

Sebi also approved new delisting rules.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

How did investors miss Byju's numerous red flags?

How did investors miss Byju's numerous red flags?

Rediff.com18 Mar 2024

Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.

NSE withdraws plan to move Nifty Bank derivative contracts to Friday

NSE withdraws plan to move Nifty Bank derivative contracts to Friday

Rediff.com28 Jun 2023

The National Stock Exchange (NSE) has withdrawn its decision to change the expiry day for Bank Nifty derivatives contracts from Thursday to Friday. The move follows a "request" from the BSE, which settles its Sensex and Bankex derivatives contracts on Friday. The proposed change in Bank Nifty settlement was scheduled to be effective from July 6 with the first weekly expiry on July 14.

WhatsApp leaks force Sebi to scale up war on insider trading

WhatsApp leaks force Sebi to scale up war on insider trading

Rediff.com7 Apr 2018

Strengthening of rules governing insider trading is among the key proposals in the agenda set by Sebi for 2018-19, along with making improvement to the Prohibition of Insider Trading Regulations (PIT) and Prohibition of Fraudulent and Unfair Trade Practices regulations.

'2024 poll will be major event for mid/smallcaps'

'2024 poll will be major event for mid/smallcaps'

Rediff.com19 Dec 2023

'It will dictate the flow of funds into the index. We will maintain caution on mid/smallcaps.'

IPL: Kings XI Punjab trade Ashwin to Delhi Capitals

IPL: Kings XI Punjab trade Ashwin to Delhi Capitals

Rediff.com8 Nov 2019

Kings XI Punjab traded Ravichandran Ashwin to Delhi Capitals for Rs 1.5 crore and Karnataka spinner Jagadeesha Suchith.

Dark-fibre case: Sebi penalty against NSE quashed

Dark-fibre case: Sebi penalty against NSE quashed

Rediff.com14 Dec 2023

The Securities Appellate Tribunal (SAT) on Thursday quashed the markets regulator Sebi's order imposing a fine of Rs 7 crore on the National Stock Exchange (NSE) in the dark-fibre case. Additionally, the tribunal has set aside a fine of Rs 5 crore levied by Sebi on the exchange's former official Anand Subramanian. Further, it has partly set aside the regulator's order against former MD and CEO of NSE Chitra Ramkrishna, ex-official Ravi Varanasi and a few stock brokers, among others.

Sebi authorises mobile trades

Sebi authorises mobile trades

Rediff.com28 Aug 2010

In a move that would give a big boost to equity trading, the Securities and Exchange Board of India on Friday permitted mobile trading and smart order routing between stock exchanges.

Now, Sebi does not want RBI on its board

Now, Sebi does not want RBI on its board

Rediff.com28 Feb 2019

Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".

Backroom efforts on to resolve India-US trade tiff

Backroom efforts on to resolve India-US trade tiff

Rediff.com24 Mar 2019

Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.

Tax devolution to states seen at 32%, but lags 15th FC advice

Tax devolution to states seen at 32%, but lags 15th FC advice

Rediff.com2 Feb 2024

The Union government is projected to share about 32 per cent of central taxes with states during the financial year 2024-25 against the 15th Finance Commission's recommendation of 41 per cent. The Revised Estimates (RE) for FY24, too, show a similar share of states in the central taxes at 32 per cent. In absolute terms, however, there has been an increase in the amount devolved to states compared to the Budget Estimates (BE) for FY24 at Rs 11 trillion.

Discount vs traditional brokers: Cost dynamics, challenges ahead

Discount vs traditional brokers: Cost dynamics, challenges ahead

Rediff.com9 Oct 2023

The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Rediff.com9 Jan 2024

Mutual funds' equity buying remained elevated for the fifth consecutive month in December, taking the net equity purchase past Rs 1.7 trillion in 2023. The aggressive buying in December indicates that flows into equity funds are likely to have remained unaffected by the sharp run-up in the market last month. Mutual funds (MFs) bought equities worth Rs 23,000 crore last month (until December 28) compared to Rs 18,000 crore in November, shows data from the Securities and Exchange Board of India (Sebi).

Worsening Canada-India diplomatic ties may take a toll on FPI flows

Worsening Canada-India diplomatic ties may take a toll on FPI flows

Rediff.com27 Sep 2023

Deteriorating ties between India and Canada could have a bearing on flows into the domestic capital markets. At present, Canada is the seventh largest country for foreign portfolio investor (FPI) flows into India. According to the National Securities Depository Ltd (NSDL), the assets under custody (AUC) of FPIs domiciled in Canada stood at nearly Rs 1.8 trillion ($21 billion) at the end of August. Almost 85 per cent of these investments are in listed equity, while the remaining in debt and hybrid instruments.

WWE is now part of UFC

WWE is now part of UFC

Rediff.com14 Sep 2023

The merger forms TKO Group Holdings