The Securities and Exchange Board of India's (Sebi's) technical advisory committee has been mandated to probe the trading halt at National Stock Exchange (NSE) and fix accountability. The committee after a detailed examination would send its findings and recommendations to whole-time member Madbhi Puri Buch, to decide the future course of action, said two people in the know. The panel, which is currently chaired by Ashok Jhunjhunwala of IIT Madras, is learnt to have sought an explanation over two key issues from NSE: One on the effectiveness of interoperability as it was unable to migrate the trading positions; the other on laxity in switching it to the disaster recovery site.
India's first indigenous nuclear-powered submarine is a considerable achievement -- and should have an impact on security strategy
Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter.
Two lessons from the closure of the Barak investigation: be careful with investigations, and buy from the US or Russia through transparent protocols. Premvir Das examines
BSE-200 companies's list shows that 96 companies had woman directors.
The former McKinsey India head is presently on board of many big Indian conglomerates.
Crisil's experience is that these reports improve volumes for the companies covered.
Chinese leaders may well respond to challenges with heightened rhetoric.
Tharoor questioned the alleged arrest of leaders and said, "if we alienate them, who's left?"
The Nobel Prize for Malala may have caused deep divisions across the globe and disturbed the peace, while the award to OPCW, though not without critics, may have served the cause of peace by eliminating a weapon of mass destruction from the face of the earth, says Ambassador T P Sreenivasan.
None of the overseas recruits of eight IPL franchises have expressed any apprehensions about travelling to India. And there are multiple practical reasons why the T20 extravaganza will be held as per schedule.
'We had to convince our people that we were doing nothing that would erode our strategic programme. We were all the time arguing that we are not doing anything, which will remotely impact on our strategic programme.'
'At a time when the entire India-US relationship needs to be defined by President Trump and Prime Minister Modi, a fresh look at the liability issue has become urgent,' says Ambassador T P Sreenivasan, former Governor for India at the IAEA.
The decision wasn't surprising as almost all the senior players in unison, had made it clear that the contracts offered by the Sri Lanka Cricket wasn't to their liking
'There is no danger of the suggestion being accepted in a hurry, as we are still discussing the design of an IFS tie and trainee officers are still taught how to handle forks and knives.'
Intelligence agencies have warned of a possible terror threat ahead during the Republic Day celebrations by Pakistan-based terror groups who may use Afghan IDs to sneak into India and carry out attacks.
To be at Kakkathuruthu when the sun sets, according to National Geographic, is a surreal experience. Ambassador T P Sreenivasan tells us how the tiny island gradually charmed him.
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself
When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.
As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.
To persist with talks in the face of continuing terrorism that puts hundreds of Indian lives at stake is not only naive but morally repugnant and ethically unacceptable. It is time to see through this charade and abandon a path of high risk and no returns, says Vivek Gumaste.
No theory would ever justify the public humiliation of the acting head of the consulate of a friendly country. Whatever be the eventual solution, grievous damage has been done to her personally and to the relations between the two countries, says Ambassador T P Sreenivasan.
Of the 80 new appointments, 51 women are becoming directors.
Asked if Ganguly would be cornered at the meeting, he laughed and cited an example.
For development finance institution to succeed now, the government must stand like a rock behind it and be patient.
The ban has been in force since last Friday.
'As a person who has seen the treasure, I am worried about its safety.'
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Humanitarian intervention has little meaning unless the international community is willing to engage in the aftermath, says Shyam Saran.
'India's military posture has become significantly stronger than China's on the 3,500-kilometre Line of Actual Control.' 'This is enhancing confrontation between the two sides,' points out Ajai Shukla.
Meanwhile, India has cancelled all visas issued to foreign nationals coming from China as it stepped up efforts to combat the spread of novel coronavirus after 150 passengers were identified with symptoms of the deadly virus and sent to isolation units.
Ashish Chauhan, MD & CEO of BSE, says it is prudent for investors to deal with more than one exchange as a risk management strategy.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
'Rather than encouraging transparency, the opacity of electoral bonds adds to the murkiness,' argues Amit Tandon.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
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