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.
ECB chief executive Richard Gould said they would not support a proposed global Twenty20 league bankrolled by Saudi Arabia.
India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.
'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.'
The executive board, which is expected to meet later this month, will discuss holding the session "remotely through a secure electronic system" on July 17, with a possible "electronic voting system" in place.
The rule in question states 'no communication with the crew is permitted from outside the boat using electric or electronic equipment'.
'It is not as if Hindus are not being touched at all, and only Muslims are.'
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.
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.
The truth about what triggered the fatal crash of the Dreamliner should not only help bring the guilty to book, but also outline the future course of action in aviation safety, notes Nivedita Mookerji.
Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.
The International Cricket Council board on Thursday recommended former South Africa wicketkeeper David Richardson's name as Haroon Lorgat's successor for the post of Chief Executive Officer.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
'Raising the entire amount in one go may not be prudent, given the market dynamics.'
The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.
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.
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 Financial Times report citing Altavilla's court testimony stated that, "Fiat will name chief executive Sergio Marchionne, Alfredo Altavilla, its head of business development, and Lucio Noto, former vice-chairman of ExxonMobil, to the board of new Chrysler." Altavilla also said Marchionne should be named chief executive and "spend a substantial amount of time in Detroit."
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 retail industry is still growing in double digits.'
PBKS-DC game also uncertain, say BCCI Sources
'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.'
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.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.
Former Pakistan captain blamed frequent changes in the team's management, coaches, and players for the chaotic situation.
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.
The two boxers had failed gender tests at World Championships in New Delhi last year
'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'
'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.'
The ICC Board will now begin the process to identify Allardice's successor.
This will also be India's first T20 bilateral series in Bangladesh and first exclusive white-ball tour since 2014.
The Pakistan Cricket Board is set to register its protest with the ICC for ignoring its CEO during the trophy ceremony in Dubai on Sunday.
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.
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.
Without changes to the taxation rules, buybacks are expected to remain scarce.
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.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
Mumbai Indians' fast bowler Ashwani Kumar, who took four wickets on his IPL debut, has been praised by teammate Ryan Rickelton for his pace and ability to swing the new ball.
