News for 'Place de la Bourse'

Indian bourses can raise $100-150 bn capital every year: BSE

Indian bourses can raise $100-150 bn capital every year: BSE

Rediff.com25 Sep 2014

Some of the newer regulations are such that they are even better than many advanced countries such as in the Americas and the Europe.

Technical glitch hits NSE, trading halted at 11.40 am

Technical glitch hits NSE, trading halted at 11.40 am

Rediff.com24 Feb 2021

The largest stock bourse in the country, NSE on Wednesday said trading across segments came to a halt at 11.40 am due to connectivity issues.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

Sensex surges 813 pts on Survey's growth projection

Sensex surges 813 pts on Survey's growth projection

Rediff.com31 Jan 2022

In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid. NSE Nifty rallied 237.90 points to 17,339

Rail stocks may chug along till Budget; book profit selectively: Analysts

Rail stocks may chug along till Budget; book profit selectively: Analysts

Rediff.com16 Dec 2022

The dream-run in railway stocks may soon run out of steam, caution analysts. The rally, which has lasted nearly a year, may meet time-wise correction post the Union Budget announcements as investors begin scalping profits. "There is going to be a build-up in expectations for the sector from the Union Budget, which is still two-odd months away.

HDFC Sec halts cash trading on NSE for brief while over tech glitch

HDFC Sec halts cash trading on NSE for brief while over tech glitch

Rediff.com1 Mar 2021

Domestic brokerage HDFC Securities blocked trading in NSE's cash segment for its clients for a limited period due to a "technical glitch".

BSE aims 10-times faster trades; eyes most advanced bourse slot

BSE aims 10-times faster trades; eyes most advanced bourse slot

Rediff.com28 Sep 2014

It aims is to bring the response time down to 20 micro-seconds within the next three years.

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Analysts raise target on Bank of Baroda post Q4, see up to 29% upside

Rediff.com25 May 2023

Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Rediff.com13 Feb 2023

The Centre has no objection to a proposal for setting up a panel of domain experts to look into strengthening the regulatory mechanisms for the stock market, the Supreme Court was told on Monday while it was hearing pleas relating to the Adani stocks rout after the Hindenburg report.

ED records statement of ex-NSE MD Chitra Ramkrishna in money laundering case

ED records statement of ex-NSE MD Chitra Ramkrishna in money laundering case

Rediff.com24 May 2022

The Enforcement Directorate has recently recorded the statement of former NSE managing director and chief executive officer Chitra Ramkrishna, lodged inside Delhi's Tihar jail, as part of a money laundering investigation against her and others, officials said Tuesday. The proceedings for recording the statement were conducted on two occasions inside the jail. The statement has been recorded under the criminal sections of the Prevention of Money Laundering Act (PMLA), they said. Ramkrishna is lodged in the Tihar jail after she was arrested by the Central Bureau of Investigation (CBI) on March 6 in the alleged National Stock Exchange (NSE) co-location scam case and investigation linked to other governance irregularities at the bourse.

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Rediff.com10 Feb 2023

The Supreme Court on Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani group's stock value.

7 Adani stocks faced regulatory surveillance since 2019

7 Adani stocks faced regulatory surveillance since 2019

Rediff.com7 Feb 2023

Amid a political furore over a meltdown in the Adani group shares, stock market data shows it is not only the plunge now but the sharp surge of the past also drew regulatory attention and enhanced surveillance. Adani group stocks have taken a huge beating on the bourses, losing billions of dollars in market value, after US-based activist short-seller Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. The Adani group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.

Karachi bourse declares PIA 'defaulter'

Karachi bourse declares PIA 'defaulter'

Rediff.com16 Apr 2004

Pakistan International Airlines, heralded by the Pervez Musharraf government as a major success story, may hit a major air pocket with the Karachi Stock Exchange declaring it a 'defaulter,' a media report has said.

'Hum Adani ke hain kaun': Cong targets Modi govt over Hindenburg report

'Hum Adani ke hain kaun': Cong targets Modi govt over Hindenburg report

Rediff.com6 Feb 2023

Adani group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. The group has maintained it complies with all laws and disclosure requirements.

FPIs allowed to deal in exchange-traded commodity derivatives

FPIs allowed to deal in exchange-traded commodity derivatives

Rediff.com30 Jun 2022

The Securities and Exchange Board of India's (Sebi's) board on Wednesday allowed foreign portfolio investors (FPIs) to trade in exchange-traded commodity derivatives. The move, it said, "will enhance liquidity and market depth, as well as promote efficient price discovery." Overseas investors will only be allowed to deal in non-agricultural commodity derivatives and only cash-settled contracts.

NSE in firefighting mode to minimise reputational harm after Sebi's order

NSE in firefighting mode to minimise reputational harm after Sebi's order

Rediff.com28 Feb 2022

The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.

ED grills ex-Mumbai CP Sanjay Pandey in NSE co-location case

ED grills ex-Mumbai CP Sanjay Pandey in NSE co-location case

Rediff.com6 Jul 2022

The agency recorded his statement under criminal sections of the Prevention of Money Laundering Act (PMLA), officials said.

What led to the trading glitch in Feb? NSE explains

What led to the trading glitch in Feb? NSE explains

Rediff.com22 Mar 2021

The National Stock Exchange (NSE) on Monday said failure of telecom links as well as that of storage area network system led to the outage last month and that steps are being taken to address the issues. Between primary and NDR (Near Disaster Recovery) sites, NSE said it has multiple telecom links with two service providers to ensure redundancy. In a detailed statement on the outage that happened on February 24, the bourse said various measures have been taken and others are under implementation to address the issues.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

BSE plans international exchange in Gujarat, commodity bourse

BSE plans international exchange in Gujarat, commodity bourse

Rediff.com20 Jan 2015

BSE is world's largest exchange in terms of listed companies and figures among top 10 globally on various other parameters.

PHOTOS: Hundreds line streets to remember 34 victims killed in Brussels attacks

PHOTOS: Hundreds line streets to remember 34 victims killed in Brussels attacks

Rediff.com23 Mar 2016

Tears spilled as friends, family and strangers gathered in solidarity at Brussels' main square to hold vigils for loved ones lost in Tuesday's terror attacks.

NSE co-location case: Probe shifts towards money trail, illicit gains

NSE co-location case: Probe shifts towards money trail, illicit gains

Rediff.com21 Feb 2022

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.

10 Safe Stocks To Bet In Volatile Market

10 Safe Stocks To Bet In Volatile Market

Rediff.com20 Mar 2023

10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.

BSE chief on Sensex and the bourse's bold plans

BSE chief on Sensex and the bourse's bold plans

Rediff.com13 Jul 2010

'We have a lot of hope from mobile, algorithmic trading and the small and medium enterprise segment. The journey has just begun.'

'Stay invested, buy quality stocks, exit weaker ones'

'Stay invested, buy quality stocks, exit weaker ones'

Rediff.com25 Aug 2021

'Stocks of weaker companies may see the correction continue, but the ones that are relatively bigger and stronger will see investor interest come back.'

MobiKwik to delay IPO; turns to private market

MobiKwik to delay IPO; turns to private market

Rediff.com9 Mar 2022

With the stock market turning choppy, fintech start-up MobiKwik, which had filed a draft red herring prospectus (DRHP) to raise around $250 million through an initial public offering (IPO), is now looking to raise money from the private market. "We will raise private money but we are not in dire need. "The business was profitable for the first time in the December quarter on a top line of around Rs 150 crore and that will be maintained in the March quarter also. We are generating cash," said Upasana Taku, co-founder of MobiKwik.

BSE, NSE come out with guidelines on tech glitches

BSE, NSE come out with guidelines on tech glitches

Rediff.com17 Dec 2021

Leading stock exchanges BSE and NSE have put out comprehensive guidelines for handling technical glitches at members' end in order to prevent disruptions. Under the new framework, members will have to pay Rs 20,000 per day in case of failure to report the incident to the exchanges within the required timeline, BSE and NSE said in separate circulars. The guidelines outline technology infrastructure and system requirements that a member should put in place to prevent any incident of business disruption resulting from technical glitches.

Ola, Uber score 0 in gig worker rankings

Ola, Uber score 0 in gig worker rankings

Rediff.com5 Jan 2022

Fairwork focuses on five principles of fair gig work: Fair pay, fair conditions, fair contracts, fair management, and fair representation.

Sensex rallies 437 points; Nifty reclaims 13,600

Sensex rallies 437 points; Nifty reclaims 13,600

Rediff.com23 Dec 2020

HUL was the top gainer in the Sensex pack, spurting around 3 per cent, followed by Infosys, M&M, ITC, SBI, IndusInd Bank, Bajaj Finance, Asian Paints, TCS and Bharti Airtel. On the other hand, Titan, PowerGrid and NTPC were among the laggards.

BSE shortlists 5 foreign bourses for stake sell of

BSE shortlists 5 foreign bourses for stake sell of

Rediff.com6 Jan 2007

The Bombay Stock Exchange is learnt to have shortlisted London, Nasdaq, Deutsche Borse, New York, and Singapore stock exchanges for the proposed sale of its 26 per cent stake.

Sensex pares gains; ends down 237 points

Sensex pares gains; ends down 237 points

Rediff.com13 Apr 2022

Equity indices gave up early gains to close in the red for the third session on the trot on Wednesday, weighed by selling in banking and finance counters amid inflationary pressures and persistent foreign fund outflows. A weak rupee and lacklustre global cues also kept buying sentiment in check, traders said. The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93. On similar lines, the broader NSE Nifty dipped 54.65 points or 0.31 per cent to close at 17,475.65.

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Rediff.com23 Jul 2021

Shares of Zomato on Friday zoomed nearly 53 per cent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.

Board gives 'in-principle' nod for SBI to invest in Yes Bank

Board gives 'in-principle' nod for SBI to invest in Yes Bank

Rediff.com6 Mar 2020

The SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board of SBI discussed the matter at a meeting on Thursday, it informed the exchanges.

Sensex tanks 1,407 pts as new COVID-19 strain in UK triggers global selloff

Sensex tanks 1,407 pts as new COVID-19 strain in UK triggers global selloff

Rediff.com21 Dec 2020

All Sensex components ended in the red, with ONGC leading the pack by tanking around 9 per cent. IndusInd Bank, M&M, SBI, NTPC, ITC, Axis Bank and PowerGrid shed up to 7 per cent.

M-cap: Wipro out of top-20 most valued cos list, D-Mart grabs 20th spot

M-cap: Wipro out of top-20 most valued cos list, D-Mart grabs 20th spot

Rediff.com5 Feb 2020

Reliance Industries Limited is the country's most valued firm with a m-cap of Rs 9,17,953.13 crore followed by TCS Rs 8,04,980.33 crore.

Sensex rebounds 453 points; IT stocks shine

Sensex rebounds 453 points; IT stocks shine

Rediff.com22 Dec 2020

HCL Tech was the top gainer in the Sensex pack, rallying around 5 per cent, followed by Tech Mahindra, Infosys, PowerGrid, Sun Pharma, L&T and Nestle India. NSE Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.

Another Chinese invasion, albeit with a difference

Another Chinese invasion, albeit with a difference

Rediff.com30 Jan 2019

Shanghai Gold Exchange plans to open a centre at GIFT City, in partnership with BSE or NSE

Keen to invest in unlisted shares? Read this

Keen to invest in unlisted shares? Read this

Rediff.com28 Apr 2021

Investing in unlisted shares is not difficult. At any given point, many investors and employees are willing to sell their holdings because they need money. Buyers can negotiate a price with them, suggests Sarbajeet K Sen.

Sebi starts probe against Infosys, BSE too has questions

Sebi starts probe against Infosys, BSE too has questions

Rediff.com23 Oct 2019

Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways.