C S Bhave has to work on the homework of his predecessor to speed up the processes in the market. He also has to contend with the bitter legal battle between Sebi and his organisation NSDL.
The Sensex, which saw a sharp fall of nearly 800 points on the first two days of the week, rebounded with a 180-point gain on Wednesday, while the index continued its northward run the next day too, surging by 300 points.
In Europe, the Sensex will be traded on the Eurex, the region's derivative leader, controlled by German operator Deutsche Brse and SIX Swiss Exchange AG.
The Bombay Stock Exchange is in the process of listing Sensex futures on Europe's largest stock exchange by market value, the Frankfurt-based Deutsche Borse AG.
Thermax Ltd has set up a wholly-owned subsidiary in Hong Kong named Thermax Hong Kong Ltd to exploit business opportunities in the Asia Pacific region.
Chikmagalur Kodagu Grameena Bank, a regional rural bank, would be merged with the Corporation Bank.
Oil companies, cement makers, IT stocks lead declines.
After a disastrous 2011, stock market investors are pinning hopes on next year. Top sell-side analysts believe though there is more pain ahead, 2012 is likely to end on a positive note.
Indian shares may not be able to build solid gains on last week's relief rally as concerns surrounding slowing growth in Asia's third-largest economy and lingering worries over euro zone debt crisis will continue to temper investors' enthusiasm.
Two individuals filed the petition in the high court of Andhra Pradesh
The directions have been issued by BSE in a circular to its member brokers.
Pantaloon Retail (India) Ltd on Friday said it would set up a joint venture company with Liberty Shoes Ltd for the business of footwear retailing.
The nine companies facing suspension are -- GCV Services, Indo-Pacific Software & Entertainment, IOL Netcom, Jai Mata Glass, Mahaan Foods Ltd, Midfield Industries, Priyadarshini Spinning Mills, Regency Trust and Suraj Industries.
Shriram Investments to mull rights issue.
Corporate giant Reliance Industries (RIL) on Tuesday said it has allotted 1.6 lakh shares to its employees under the Employees Stock Option Scheme (ESOP).
The good part is that even in the most beaten down sectors, there have been some select stocks that have given not just positive, but considerable, returns.
The minister added that the exchanges should not be discouraged by the failure of past attempts at launching such a dedicated platform for small exchanges.
The alleged synchronised or circular trading in these companies happened from March 1, 2009 to December 15, 2009 on the Bombay Stock Exchange.
The benchmark index of the Bombay Stock Exchange climbed above 17,000 points on Wednesday for the first time since May 2008.
The Bengaluru-based company had posted a net profit of Rs 1,456.4 crore (Rs 14.56 billion) in the year-ago period, it said in a filing to the Bombay Stock Exchange.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
Unilever, which derives 52-53 per cent of its $70-billion revenues from emerging markets, said it expected economic pressures to continue in 2013.
"We will complete the transformation within May 2007 and are talking to select foreign exchanges for a possible partnership," Bombay Stock Exchange Ltd managing director and CEO Rajnikant Patel said.
With FIIs getting back the voracious appetite for Indian stocks, they have put in over Rs 3,500 crore (Rs 35 billion) through just 62 bulk deals on the Bombay Stock Exchange in the first two months of the current financial year.
Index options safest in derivatives but can wipe out all the capital if attempted without knowledge.
After its stock fell 22 per cent on the Bombay Stock Exchange, education solutions provider Educomp Solutions filed a complaint with the Additional Commissioner of Police, Economic Offences Wing, Crime Branch (Delhi Police) to identify the source of malicious emails alleging account manipulation, and has sought action against them.
Foreign institutional investors have pulled out over 5,307 crore (Rs 53.07 billion) from the stock market in the last six days, amid the Bombay Stock Exchange's benchmark index Sensex's continuous downward journey during the period.
Ramesh Damani, stock broker, Bombay Stock Exchange, is known for prudent stock-picking. Though he prefers to be cautious while talking on individual stocks due to regulatory issues, in an interview with Business Standard, he drops a few hints about the current rally and the sectors he is betting on.
Shares of Anil Ambani-led Reliance Communications and Reliance Infrastructure gained five per cent each on expectation that rate cuts would help lower the interest cost burden of these companies.
'The Pakistan establishment keeps him well protected.'
Move follows 26 per cent acquisition in Ahmedabad's NMCE.
The new unlisted firm will include Wipro Consumer Care & Lighting (including furniture business), Wipro Infrastructure Engineering (hydraulics and water businesses) and Medical Diagnostic Product & Services business, Wipro said in a filing to the Bombay Stock Exchange.
Mahindra & Mahindra on Friday confirmed its bid to acquire the Romanian government's stake in SC Tractorul UTB SA, Brasov.
Closes 20 points lower on a bout of profit-booking.
IT firm Tech Mahindra on Monday said it will allot 45,000 equity shares under its employee stock option plan.
Appearing unruffled by over 600-point plunge in stock market on Thursday morning, finance minister P Chidambaram said every movement in the bourses did not require a comment.
