Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.
The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.
IWF scraps her weight category; Olympic weight category yet to be known.
Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."
Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
On May 7, WB held its first formal meeting with the IOC which signalled the start of a formal collaboration between the two organisations aimed at establishing a pathway for boxing to remain in the Olympic Games.
'Raising the entire amount in one go may not be prudent, given the market dynamics.'
The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.
'The retail industry is still growing in double digits.'
Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.
Five sports, including cricket and flag football, proposed for inclusion at the Los Angeles 2028 Olympics were approved by the International Olympic Committee executive board on Friday.
'I always considered him as a director, never an actor. Do you know he always considered other actors for his films first?' 'For Pyaasa, he wanted to cast Dilip saab; only when Dilip saab refused did Guru Duttji decide to do the role himself.'
Ireland were scheduled to host Afghanistan for one Test, three ODIs and three T20s in July.
The BJP-led Mahayuti alliance, which secured a landslide victory in the recent Maharashtra assembly elections, is set to form the new government in the state. Outgoing Chief Minister Eknath Shinde, his deputies Devendra Fadnavis and Ajit Pawar met Union Home Minister Amit Shah to finalize a power-sharing agreement. The alliance partners, BJP, Shiv Sena and NCP, will decide on ministerial berths at the meeting with Shah. Political circles are abuzz about the social equations in Maharashtra influencing the choice of the next Chief Minister.
The Centre on Thursday assured the Supreme Court that it will neither denotify Waqf properties, including "Waqf by user", nor make any appointments to the central Waqf council and boards till May 5.
ECB chief executive Richard Gould said they would not support a proposed global Twenty20 league bankrolled by Saudi Arabia.
'It is not as if Hindus are not being touched at all, and only Muslims are.'
As the Jaggi brothers - Anmol Singh Jaggi and Puneet Singh Jaggi - find themselves at the heart of the financial mismanagement in the Gensol-BluSmart saga, attention on the third BluSmart co-founder, Punit K Goyal, has taken a notably different turn.
Prime Minister Narendra Modi on Friday flagged off two specially designed Vande Bharat trains between Katra town and Srinagar city, reducing travel time between the two places by two to three hours and ensuring all-weather surface connectivity with the Kashmir valley.
'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'
The emergency meeting of the International Cricket Council's executive board could not achieve a consensus on the much-awaited Champions Trophy schedule and will reconvene on Saturday after Pakistan once again rejected the 'Hybrid' model of hosting the event.
PBKS-DC game also uncertain, say BCCI Sources
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.
'It's a tremendous accomplishment to have a father like Amitabh Bachchan and still be so sorted, to not taste the kind of success that he should have and yet be so balanced.'
Sonam Raghuvanshi, the prime accused in the Raja Raghuvanshi murder case who was initially reported missing in Meghalaya, apparently visited Indore after her husband was murdered and stayed in a rented flat for three days, a police official said on Tuesday.
'We have had several films on the caste system but they are all in different decades, when sensibilities were mature enough to comprehend.' 'Today, we are in a different zone of thought.'
The board of Religare Enterprises Ltd (REL) has rallied behind its embattled chairperson Rashmi Saluja, saying she had turned around the financial services company whose market cap has increased to about a billion dollars from under $100 million in March 2018. The board -- which is fending off an Rs 2,200 crore open offer by the Burman family -- said accusations had not only targeted Saluja but the entire Religare management that has made Religare debt free. "Our story has been one of resurgence under the guidance of the Board of Directors led by Saluja, executive chairman.
Without changes to the taxation rules, buybacks are expected to remain scarce.
'It shouldn't be that we travel to India and they don't come to our country. Idea is to settle it once and for all on equal terms.'
This will also be India's first T20 bilateral series in Bangladesh and first exclusive white-ball tour since 2014.
Former Pakistan captain blamed frequent changes in the team's management, coaches, and players for the chaotic situation.
Wagh Bakri Tea Group executive director Parag Desai died at a hospital in Ahmedabad while being treated for severe brain injuries suffered after a fall, a senior company official said on Monday. Desai, 50, suffered severe brain haemorrhage after falling on a hard surface while going for a walk outside his residence on the evening of October 15, the official said. "Desai fell and suffered a brain haemorrhage, and fainted.
No word on appointment of Shagun Kapur Gogia
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. The company's profit after tax in the three months ended March 2025 jumped 62 per cent from Rs 1,894.8 crore in the year-ago period.
Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.
