News for 'Place de la Bourse'

Sensex tanks 894 pts on global sell-off; Yes Bank sinks over 55%

Sensex tanks 894 pts on global sell-off; Yes Bank sinks over 55%

Rediff.com6 Mar 2020

Tata Steel was the top laggard in the Sensex pack, cracking over 6 per cent, followed by SBI, IndusInd Bank, HDFC, ICICI Bank and ONGC. Bajaj Auto, Maruti and Asian Paints were the only gainers.

Bank stocks drag Sensex down 661 points at close

Bank stocks drag Sensex down 661 points at close

Rediff.com14 Jul 2020

Shares of the HDFC duo led the fall in the indices, shedding up to 2.94 per cent. IndusInd Bank, Axis Bank, Maruti, Bajaj Finserv, PowerGrid and SBI were among the other major laggards.

Sebi bars NSE from accessing securities market for 6 months

Sebi bars NSE from accessing securities market for 6 months

Rediff.com30 Apr 2019

Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.

Infosys drags Sensex down 335 points

Infosys drags Sensex down 335 points

Rediff.com22 Oct 2019

Other losers were Tata Motors, Bharti Airtel, HCL Tech and Bajaj Finance, shedding up to 3.51 per cent. The broader NSE Nifty too tumbled 73.50 points, or 0.63 per cent, to settle at 11,588.35.

Sensex soars 879 pts as India begins to unlock

Sensex soars 879 pts as India begins to unlock

Rediff.com1 Jun 2020

Bajaj Finance was the top gainer in the Sensex pack, rising around 11 per cent, followed by Titan, Tata Steel, SBI, M&M, HDFC, IndusInd Bank and Reliance Industries. On the other hand, Sun Pharma, Nestle India and UltraTech Cement were among the laggards.

Police fire water cannon at hooligans at Brussels shrine

Police fire water cannon at hooligans at Brussels shrine

Rediff.com27 Mar 2016

Riot police fired water cannon at far-right football hooligans who invaded a square in the Belgian capital that has become a memorial to the victims of the Brussels.

Why are foreign banks marching out of retail banking?

Why are foreign banks marching out of retail banking?

Rediff.com27 Mar 2022

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.

DoT engages with banks to find solution for telecom sector

DoT engages with banks to find solution for telecom sector

Rediff.com8 Aug 2021

The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund infusion to stay afloat. There was a meeting of DOT officials and senior bankers on Friday on the issue of Vodafone, sources said, adding that banks have been asked to look for a solution within the prudential guidelines. According to sources, senior officials from the country's biggest lenders State Bank of India and Bank of Baroda were also present among others in the meeting. More such meetings are expected to take place in the coming days, they said.

Surat set to get global diamond exchange in 3 years

Surat set to get global diamond exchange in 3 years

Rediff.com23 Oct 2017

Contract finally given for Rs 2,400-cr project, with GIFT City-like features

Investors bet big on cyclicals as economic recovery gathers pace

Investors bet big on cyclicals as economic recovery gathers pace

Rediff.com18 Feb 2021

sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.

'We saw a lot of first-time investors entering the capital markets'

'We saw a lot of first-time investors entering the capital markets'

Rediff.com19 Aug 2021

'A lot of first-time users who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals.'

BSE to penalise brokers for delayed data filing

BSE to penalise brokers for delayed data filing

Rediff.com5 Oct 2016

The Bombay Stock Exchange on Wednesday put in place a graded penalty mechanism, with fines starting from Rs 10,000 for brokers who fail to make timely submission of risk-based supervision data and prolonged non-compliance leading to disablement of trading terminals.

Sensex nosedives 2,713 pts; Nifty gives up 9,200-mark

Sensex nosedives 2,713 pts; Nifty gives up 9,200-mark

Rediff.com16 Mar 2020

All Sensex components ended in the red. IndusInd Bank was the top loser, followed by Tata Steel, HDFC, ICICI Bank, Axis Bank, Infosys and ITC. According to traders, volatility heightened in global markets as US Federal Reserve's interest rate cut stoked concerns over an impending economic recession.

Stock exchanges will face penalties for tech glitches: Sebi

Stock exchanges will face penalties for tech glitches: Sebi

Rediff.com5 Jul 2021

Stock exchanges and other market infrastructure institutions as well as their top officials are liable to face penalties for lapses in handling and recitfying technical glitches, with Sebi putting in a place a stricter compliance system driven by "financial disincentives". The markets watchdog has come out with a detailed Standard Operating Procedure (SOP) for Market Infrastructure Institutions (MIIs) less than five months after a technical glitch halted trading at the country's largest bourse NSE for nearly four hours. There will be a "financial disincentives" structure for MIIs -- stock exchanges, clearing corporation and depositories -- for any business disruption beyond pre-defined time, according to a circular issued on Monday.

Voda, Airtel take on Rel Jio in exchanges, signal the fight is on

Voda, Airtel take on Rel Jio in exchanges, signal the fight is on

Rediff.com18 Jan 2021

Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.

Xi's foreign policy bad for India-China relations

Xi's foreign policy bad for India-China relations

Rediff.com27 Sep 2021

Chinese foreign policy will acquire a more ideological and less pragmatic character. It will be conducted with more nationalist overtones, predicts former foreign secretary Shyam Saran.

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.

Windfall for brokers in BSE public offer

Windfall for brokers in BSE public offer

Rediff.com11 Sep 2016

Reports have suggested Rs 400-650 as the possible IPO price

BSE seeks extra caution to avoid flash crash

BSE seeks extra caution to avoid flash crash

Rediff.com2 Nov 2012

The directions have been issued by BSE in a circular to its member brokers.

Singapore Exchange mulls more India-based products

Singapore Exchange mulls more India-based products

Rediff.com13 Jan 2014

Singapore Exchange plans to launch more India-based products to provide opportunities for global investors interested in tapping the Indian market.

BSE proposes new transaction tax structure in capital markets

BSE proposes new transaction tax structure in capital markets

Rediff.com5 Jan 2015

Pitching for a slew of reforms in the Indian capital markets, leading bourse BSE has suggested the government bring in a new transaction taxation structure and besides seeking tax pass through status for Infrastructure Investment Trusts (InvITs).

NSE top-ranked globally for equity trades for 2nd year in 2013

NSE top-ranked globally for equity trades for 2nd year in 2013

Rediff.com20 Jan 2014

NSE recorded almost 145 crore (1.45 billion) equity trades on its platform last year, a gain of 3 per cent from 2012, making it the biggest among 51 global peers, according to data with the World Federation of Exchanges.

NSE pushed to 2nd spot in trade volumes; Nasdaq No 1

NSE pushed to 2nd spot in trade volumes; Nasdaq No 1

Rediff.com16 Nov 2014

They are followed by Shenzhen SE, NYSE and Shanghai SE, as per an analysis of data compiled by the World Federation of Exchanges

Sebi announces steps to prevent flash crashes

Sebi announces steps to prevent flash crashes

Rediff.com14 Dec 2012

Sebi suggests there should be checks on the quantity ordered and the margin available with the exchange, indicating brokers' exposure limits.

Steps to protect investors against stock crash soon: Sebi

Steps to protect investors against stock crash soon: Sebi

Rediff.com23 Nov 2012

Last month, the National Stock Exchange witnessed 'flash crash', when the Mumbai-based brokerage Emkay Global Financial Services sent the exchange index tumbling as much as 15.5 per cent in just a few seconds, creating a panic among traders.

Why brokers are unhappy with revised stamp duty norms

Why brokers are unhappy with revised stamp duty norms

Rediff.com2 Feb 2019

'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'

Govt nod for SBI-led group to take over Yes Bank?

Govt nod for SBI-led group to take over Yes Bank?

Rediff.com5 Mar 2020

The government has given a go-ahead to State Bank of India and other financial institutions to take over capital-starved Yes Bank, and an announcement is likely to be made soon, highly places sources said on Thursday. The board of SBI, the country's largest lender, is meeting in Mumbai on Thursday, but it could not be immediately ascertained whether the takeover of Yes Bank is on the agenda. Yes Bank, which is grappling with bad loans, is looking to raise fresh capital but the plans are facing uncertainties.

NSE logged in largest equity trades in Sep

NSE logged in largest equity trades in Sep

Rediff.com1 Nov 2012

As per the latest data compiled by the World Federation of Exchanges, a total of 11.64 crore trades took place in the equity segment of NSE in September this year, making it the world's largest exchange on this category.

BSE, NSE among top 10 exchanges in Asia-Pacific region

BSE, NSE among top 10 exchanges in Asia-Pacific region

Rediff.com26 Oct 2012

Tokyo SE Group topped the list followed by Hong Kong Exchanges, Shanghai SE and Australian SE in the top-four. The Indian bourses are fifth and sixth.

Infosys denies knowledge of any fresh complaint

Infosys denies knowledge of any fresh complaint

Rediff.com13 Dec 2019

Infosys pointed out that it is not uncommon for plaintiffs' lawyers to issue press releases or other media communications asking potential plaintiffs to contact them in order to apply for lead plaintiff status in an existing lawsuit. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.

World's 10 largest stock exchanges

World's 10 largest stock exchanges

Rediff.com4 Nov 2011

Trillions of transactions take place in these bourses making investors poorer or richer...

Lockdown 3.0: Several mfg cos resume operations; many retailers open

Lockdown 3.0: Several mfg cos resume operations; many retailers open

Rediff.com4 May 2020

The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.

Sebi to propose one time registration system for brokers

Sebi to propose one time registration system for brokers

Rediff.com8 Aug 2014

The new system would ensure cost efficiency.

NSEL case: CBI files criminal case against Jignesh Shah, Sebi officials

NSEL case: CBI files criminal case against Jignesh Shah, Sebi officials

Rediff.com26 Aug 2014

Though the agency did not include former Sebi chief CB Bhave and ex-member KM Abraham in the case, it recommended departmental action against the two.

Nasdaq halt: Sebi reviews Indian stock exchange systems

Nasdaq halt: Sebi reviews Indian stock exchange systems

Rediff.com23 Aug 2013

While the systems in place at leading Indian bourses are considered to be very robust and can withstand any possible technical glitches, it is advisable to conduct a precautionary check after an unprecedented three-hour trading halt at a large exchange like Nasdaq, a senior Sebi official said.

Govt's 15% stake sale in NBCC gets going

Govt's 15% stake sale in NBCC gets going

Rediff.com20 Oct 2016

As much as 9 crore shares will be sold over two days, with institutional investors getting to bid on the first day and retail ones getting a chance on Friday.

Choppy day: Sensex ends 70 points up

Choppy day: Sensex ends 70 points up

Rediff.com11 Mar 2010

The BSE Midcap and the smallcap indices were flat today.

BSE lays down new norms for share settlement, tendering

BSE lays down new norms for share settlement, tendering

Rediff.com1 Jul 2015

The acquirer would need to place an order before tendering period.

After blockbuster IPO, IRCTC makes grand debut on stock market

After blockbuster IPO, IRCTC makes grand debut on stock market

Rediff.com14 Oct 2019

The company's market valuation stood at Rs 10,972 crore in morning trade.

FM soothes crest fallen market

FM soothes crest fallen market

Rediff.com17 Oct 2007

Minutes after the carnage at the bourses, government on Wednesday said it is not in favour of banning Participatory Notes and hoped that "the initial sense of alarm in stock markets" will quieten as the day progresses.