News for 'National Securities Exchanges'

Manipur: 2 'rioters' killed in firing; march to CM's house with bodies stopped

Manipur: 2 'rioters' killed in firing; march to CM's house with bodies stopped

Rediff.com29 Jun 2023

Unidentified "rioters" opened "unprovoked" fire at village Haraothel in Kangpokpi district of Manipur on Thursday morning, leading to tension in the area even as the army quoted "unconfirmed reports" to indicate some casualties.

Street Signs: Zomato's share snapback, DOMS soars at 60%, and more

Street Signs: Zomato's share snapback, DOMS soars at 60%, and more

Rediff.com18 Dec 2023

After a sharp rally in the equities market this year, investors could be better off rotating some funds towards the debt market. Experts believe several tailwinds could spur bond market returns over the next 12-18 months. These include India's robust macroeconomics, declining inflation, and the imminent passive flows of close to Rs 2.5 trillion on account of domestic sovereign bonds getting included in the JP Morgan global indices.

Tracking 140 years' journey of the Bombay Stock Exchange

Tracking 140 years' journey of the Bombay Stock Exchange

Rediff.com10 Jul 2015

The exchange moved through many ups and downs through the years.

Heavy exchange of fire on Indo-Pak border

Heavy exchange of fire on Indo-Pak border

Rediff.com16 Aug 2009

The Border Security Forces troops on Sunday foiled a pre-dawn infiltration bid by suspected militants in Ramgarh in Samba district on the Indo-Pak border in Jammu and Kashmir after a heavy exchange of fire with the ultras, prompting India to lodge a protest with the neighbouring nation over the incident.

UK Opposition protests as Braverman returns as home secretary

UK Opposition protests as Braverman returns as home secretary

Rediff.com26 Oct 2022

Braverman, 42, resigned from the cabinet of former prime minister Liz Truss last week, having breached the ministerial code by sending secure information from her private email.

Veteran vs young turks: Power struggle erupts in TMC

Veteran vs young turks: Power struggle erupts in TMC

Rediff.com2 Dec 2023

The internal party exchange unfolded amid an ongoing purported discord among party veterans, recognised as loyalists of Mamata Banerjee, and the younger generation, perceived as close to her nephew Abhishek.

Tribunal reserves order on Zee, Sony merger

Tribunal reserves order on Zee, Sony merger

Rediff.com11 Jul 2023

The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.

Sebi plans new outsourcing policy for exchanges, key entities

Sebi plans new outsourcing policy for exchanges, key entities

Rediff.com2 Jul 2015

There is a need for further focus and strengthening of guidelines.

NSE to reduce time for trades in unlisted market as it awaits IPO

NSE to reduce time for trades in unlisted market as it awaits IPO

Rediff.com6 Jun 2023

The National Stock Exchange of India (NSE), which is still awaiting regulatory approval for its initial public offering (IPO), is now planning to streamline the process of buying the unlisted stocks of the company, thereby reducing the time taken for such deals from about four months to just a week. The management of India's biggest stock exchange has affirmed that it is working to reduce the time taken. According to the analysts, certain approvals required at present from NSE for buying stocks, are adding to the processing time.

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.

What's in store for mutual fund investors in 2024?

What's in store for mutual fund investors in 2024?

Rediff.com30 Jan 2024

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.

About 700 listed firms vanish from regional exchanges

About 700 listed firms vanish from regional exchanges

Rediff.com5 Aug 2014

List of disappearing entities could see additions, for first time in 20 years.

Kovind leaves Raisina Hill, moves to bungalow once occupied by Paswan

Kovind leaves Raisina Hill, moves to bungalow once occupied by Paswan

Rediff.com25 Jul 2022

Former president Ram Nath Kovind on Monday moved to his new residence at Janpath road, the bungalow once occupied by former Union minister Ram Vilas Paswan.

Wealth managers advise clients to reduce their exposure to smallcaps

Wealth managers advise clients to reduce their exposure to smallcaps

Rediff.com26 Mar 2024

The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.

Markets crash: Pollster Pradeep Gupta 'open to probe'

Markets crash: Pollster Pradeep Gupta 'open to probe'

Rediff.com22 Jun 2024

Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.

MCX primed for volume surge after tech upgrade

MCX primed for volume surge after tech upgrade

Rediff.com23 Nov 2023

After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).

Why foreign brokerages remain bullish on Paytm stock

Why foreign brokerages remain bullish on Paytm stock

Rediff.com5 Mar 2024

Shares of One97 Communications (OCL), which provides financial services under the brand 'Paytm', and has a banking arm Paytm Payments Bank (PPBL), hit the 5 per cent upper circuit at Rs 428.10 on the National Stock Exchange (NSE) in Monday's (February 26) intraday trade. The up move in the stock on Monday came after the Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI), in post stock market hours, to look into the possibility of migrating PPBL customers, using the UPI handle '@paytm', to four-to-five other banks.

NCDEX, Skymet takes initial steps towards tradeable weather index

NCDEX, Skymet takes initial steps towards tradeable weather index

Rediff.com22 Aug 2023

India's leading commodity exchange, National Commodity and Derivatives Exchange (NCDEX), and private weather forecasting company Skymet took a significant step towards launching the country's first tradeable weather index on Monday (August 14) by entering into an agreement to deepen their understanding of the impact that weather has on agricultural commodities. The memorandum of understanding (MoU) between NCDEX and Skymet is a profound step in the direction of linking farmers with the weather in a scientific way, according to an official statement. Sources indicate that NCDEX and Skymet will conduct workshops and seminars across the country to educate farmers about how they can scientifically use weather forecasts to hedge risks.

SC refuses interim relief to Mahua, seeks reply from LS secy general

SC refuses interim relief to Mahua, seeks reply from LS secy general

Rediff.com3 Jan 2024

The Supreme Court on Wednesday sought a reply from the Lok Sabha secretary general on Trinamool Congress leader Mahua Moitra's plea challenging her expulsion from the Lower House.

Stock exchanges more profitable than most listed companies

Stock exchanges more profitable than most listed companies

Rediff.com20 May 2014

The NSE and BSE made Rs 965.5 crore (Rs 9.65 billion) and Rs 135.2 crore (Rs 1.35 billion), respectively, in profits for FY14.

No 'trial runs' in ensuring India's security

No 'trial runs' in ensuring India's security

Rediff.com24 Feb 2015

'The debate is not whether the Indian defence apparatus is in a state of disrepair, but whether it is capable of securing the defence of the country if any envisaged threat becomes real.'

'Nuclear threat' not behind no annual Modi-Putin meet this yr: Sources

'Nuclear threat' not behind no annual Modi-Putin meet this yr: Sources

Rediff.com10 Dec 2022

"Reports of PM Modi not meeting Putin due to nuclear threat is baseless. The meeting is not taking place due to scheduling issues," sources told ANI.

PM Modi suggests 4 focus areas for Afghanistan in meeting with NSAs

PM Modi suggests 4 focus areas for Afghanistan in meeting with NSAs

Rediff.com10 Nov 2021

The need for an inclusive government in Kabul and a zero-tolerance stance on the use of Afghan territory by terrorist groups are among four aspects that Prime Minister Narendra Modi listed on Wednesday for countries in the region to focus on in the backdrop of the developments in the war-torn nation.

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Cooperation must for regional security: Modi at Central Asia summit

Cooperation must for regional security: Modi at Central Asia summit

Rediff.com27 Jan 2022

India and five Central Asian countries on Thursday decided to establish a joint working group on Afghanistan at the senior officials' level, ministry of external affairs secretary (West) Reenat Sandhu said.

India's first public InvIT for road, highway projects in the works

India's first public InvIT for road, highway projects in the works

Rediff.com8 Aug 2023

After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust

How safe is your money at banks and stock exchanges?

How safe is your money at banks and stock exchanges?

Rediff.com18 Jul 2017

Recent incidents suggest these safeguards perform well in simulated conditions and mock drills, but often fall short when actual threats emerge.

NSE lifts lid on dabba trading, tippers, issues warnings to 24 platforms

NSE lifts lid on dabba trading, tippers, issues warnings to 24 platforms

Rediff.com18 May 2023

New-age tech tools and 'mystery shoppers' are helping the country's top bourse stay ahead of the curve against dabba trading platforms and entities dolling out unsolicited investment tips. In the past one month, the National Stock Exchange (NSE) has issued close to two dozen warnings and advisories against such activities. "We saw a rise of dabba trading or illegal trading platforms after the pandemic.

Dawood not in Pakistan, says Nawaz Sharif's security advisor

Dawood not in Pakistan, says Nawaz Sharif's security advisor

Rediff.com26 Sep 2013

India's most wanted fugitive Dawood Ibrahim is not in Pakistan, a top Pakistani official has said.

Sebi wants govt banks as 'public' shareholders in stock exchanges

Sebi wants govt banks as 'public' shareholders in stock exchanges

Rediff.com19 Mar 2014

The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.

Modi thanks Qatari Emir for release of Navy veterans

Modi thanks Qatari Emir for release of Navy veterans

Rediff.com16 Feb 2024

Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

India-Germany ties a model of success, says Modi, as 2 nations sign $10.5 bn green deal

Rediff.com2 May 2022

Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use of clean energy.

Quad nations vow better cooperation to check Chinese influence

Quad nations vow better cooperation to check Chinese influence

Rediff.com6 Oct 2020

In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.

Rajnath discusses regional security with Iranian counterpart

Rajnath discusses regional security with Iranian counterpart

Rediff.com6 Sep 2020

'Had a very fruitful meeting with Iranian defence minister Brigadier General Amir Hatami in Tehran. We discussed regional security issues including Afghanistan and the issues of bilateral cooperation,' Singh said in a tweet.

Cash levels in smallcap mutual fund schemes swell as valuations turn lofty

Cash levels in smallcap mutual fund schemes swell as valuations turn lofty

Rediff.com23 Feb 2024

The cash pile within smallcap mutual fund (MF) schemes has grown over the past few months amid a relentless rally in stocks in this space. While fund managers usually don't make cash calls, incessant inflows and valuation discomfort have forced their hand. At the end of January, the top 10 schemes had over Rs 12,160 crore in cash, compared to Rs 8,700 crore in August 2023.

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

Sebi to tweak 'fit & proper' regime for bourses, clearing corporations

Sebi to tweak 'fit & proper' regime for bourses, clearing corporations

Rediff.com20 Jul 2023

The Securities and Exchange Board of India (Sebi) is mulling changes to the 'fit & proper' criteria for market infrastructure institutions (MIIs), such as stock exchanges, in a bid to segregate the role of an individual from the entity, said sources. Under the current framework, wrongdoing by senior personnel could lead to a debarment of the MIIs such as stock exchanges, depository participants and clearing members-with quite a few such instances in the past. Additionally, Sebi is also mulling to introduce a clause through which any order passed against an MII will not affect their operations, unless it is specifically mentioned so in the order.

Will BSE's Tweaks Affect Nifty?

Will BSE's Tweaks Affect Nifty?

Rediff.com17 Apr 2023

'It is like a chicken-and-egg situation.' 'All these product tweaks are innovative, but traders won't move unless there is liquidity.' 'And liquidity cannot be generated until traders move.'

Foreign portfolio investors: The back-seat driver in market dashboard

Foreign portfolio investors: The back-seat driver in market dashboard

Rediff.com15 Aug 2023

After pumping in close to $20 billion in the preceding five months, foreign portfolio investors (FPIs) have yanked out $220 million from domestic stocks this month. The selling by overseas funds has led to turbulence in the domestic markets, with benchmark indices swinging wildly recently.

Worst not over for bank stocks; sit on the sidelines for now, say analysts

Worst not over for bank stocks; sit on the sidelines for now, say analysts

Rediff.com3 Feb 2024

Investors should view any bounce-back in bank stocks as an opportunity to exit the pack, analysts suggested, as the worst may not be over yet. The recent quarterly results of HDFC Bank and Axis Bank disappointed the Street, triggering a marketwide selloff by foreign institutional investors, especially in banking counters. While HDFC Bank, which was the anchor for the market correction during the past week, ended 2 per cent higher amid short covering on Wednesday, Axis Bank's shares settled 3 per cent lower.