News for 'United Stock Exchange of India'

SIT raises red flag on tax evasion through stock exchanges and P-notes

SIT raises red flag on tax evasion through stock exchanges and P-notes

Rediff.com25 Jul 2015

Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes

Upcoming IPOs That Dalal Street is Whispering About

Upcoming IPOs That Dalal Street is Whispering About

Rediff.com24 Sep 2025

Dalal Street is buzzing with excitement, as some of the most-awaited IPOs are gearing up to hit the market. While some of these big companies are planning to join the stock exchanges towards the end of 2025, others are likely to be available for trading by the first half of 2026.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Rediff.com29 Jun 2025

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.

Was Maduro's Capture A Warning Shot To China?

Was Maduro's Capture A Warning Shot To China?

Rediff.com24 Jan 2026

China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.

BSE Sensex tops other assets classes by a hefty margin in 40 years

BSE Sensex tops other assets classes by a hefty margin in 40 years

Rediff.com9 Jan 2026

The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rediff.com3 Dec 2025

The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

BSE calls off merger of GIFT City unit with NSE

BSE calls off merger of GIFT City unit with NSE

Rediff.com24 May 2024

The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India International Exchange (India INX), with NSE International Exchange (NSE IX), a similar unit floated by rival National Stock Exchange (NSE), according to sources familiar with the development. BSE and NSE had been in discussions for the merger for over a year, but it has yielded no results, they said.

Higher prices, demerger to boost margins, unlock value for Vedanta

Higher prices, demerger to boost margins, unlock value for Vedanta

Rediff.com27 Dec 2025

Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.

How To Buy Gold Wisely In 2026

How To Buy Gold Wisely In 2026

Rediff.com15 Dec 2025

From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Sensex gains 270 pts on fag-end buying in banking stocks

Sensex gains 270 pts on fag-end buying in banking stocks

Rediff.com8 Jul 2025

From the Sensex firms, Kotak Mahindra Bank, Eternal, Asian Paints, NTPC, Bharat Electronics Ltd, Adani Ports, Infosys and State Bank of India were among the major gainers. However, Titan tumbled over 6 per cent. Trent, Axis Bank, Maruti and Hindustan Unilever were also among the laggards.

How Jane Street Made Rs 36,500 Crore

How Jane Street Made Rs 36,500 Crore

Rediff.com7 Jul 2025

SEBI alleges Jane Street placed bets on the stock market falling and then acted in a way to make the market actually fall so it could win its bet.

Sensex ends down 386 points on foreign fund outflows

Sensex ends down 386 points on foreign fund outflows

Rediff.com24 Sep 2025

Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services and Axis Bank were the major laggards. However, Power Grid, Hindustan Unilever, NTPC and HCL Tech were among the gainers.

India's Startup Dreams, Ready to Bloom

India's Startup Dreams, Ready to Bloom

Rediff.com17 Sep 2025

Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

MFs Vs PMS: What Fits Your Portfolio?

MFs Vs PMS: What Fits Your Portfolio?

Rediff.com16 Sep 2025

MFs offer scale, simplicity, liquidity, and tax efficiency, and are an excellent vehicle for disciplined SIP investing. PMS is better suited for larger portfolios with equity allocation of Rs 3 crore to Rs 5 crore.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

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.

3 key drivers for the markets this week

3 key drivers for the markets this week

Rediff.com21 Sep 2025

The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.

Exchange route mandatory for sub-Rs 25 crore ETF deals from Tuesday

Exchange route mandatory for sub-Rs 25 crore ETF deals from Tuesday

Rediff.com2 May 2023

Buying and selling of exchange trade fund (ETF) units worth less than Rs 25 crore will now have to take place compulsorily on the stock exchange platform, according to a new rule which comes into effect on Tuesday. The fresh norm, which comes into being after two deferments, is aimed at boosting liquidity and reducing tracking error. At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.

Do Gold and Index ETFs Actually Deliver?

Do Gold and Index ETFs Actually Deliver?

Rediff.com23 Aug 2025

When we talk about Exchange-Traded Funds (ETFs), a few of their features that strike our mind are their low cost, easy-to-understand composition, and simple trading. While Index ETFs have always been popular among investors, Gold ETFs have garnered interest in recent years due to gold prices fluctuating near their all-time highs. But from a long-term investing context, do these ETFs really deliver?

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

It's Pouring Car Discounts!

It's Pouring Car Discounts!

Rediff.com18 Aug 2025

For hatchbacks and sedans, offers range between Rs 40,000 and Rs 80,000 while SUVs and multi-purpose vehicles carry benefits exceeding Rs 1 lakh.

Sebi opens sandbox to fractional share pitch

Sebi opens sandbox to fractional share pitch

Rediff.com30 Jul 2025

The Securities and Exchange Board of India (Sebi) has approved a proposal from a startup to test fractional shares in its innovation sandbox, marking a potential shift in the Indian equity landscape. This represents a change in stance from 2021, when Sebi rejected a similar proposal in the regulatory sandbox, primarily due to concerns over the custody of fractional shares.

Can China Successfully Challenge The US?

Can China Successfully Challenge The US?

Rediff.com16 Apr 2025

If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.

IndusInd Bank Officials Face Insider Trading Probe

IndusInd Bank Officials Face Insider Trading Probe

Rediff.com28 Mar 2025

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

Wockhardt exits US generics biz, to focus on innovation

Wockhardt exits US generics biz, to focus on innovation

Rediff.com12 Jul 2025

Mumbai-based pharma major Wockhardt, which is gearing up to launch its promising antibiotic candidate Zaynich soon, on Friday announced a shift in its United States (US) operations. The Indian pharma giant revealed that it has decided to exit the generics pharmaceutical segment in the country.

Sebi may allow MF units to be traded on exchanges

Sebi may allow MF units to be traded on exchanges

Rediff.com24 Sep 2009

The Securities and Exchange Board of India is now planning to enable investors to buy and sell mutual fund units through stock exchanges. Fund houses will also be allowed to sell new fund offers (NFOs) through exchanges, helping them to save on distribution costs.

Ola Electric is accelerating profitability drive

Ola Electric is accelerating profitability drive

Rediff.com27 Feb 2025

Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories, and last-mile deliveries. The strategic move is expected to boost EBITDA margins by almost 10 percentage points, besides improving inventory management and faster customer deliveries, sources directly familiar with the matter said.

China-Russia Bhai Bhai: What India Can Expect

China-Russia Bhai Bhai: What India Can Expect

Rediff.com30 May 2025

China appears determined to upgrade Pakistan's military capabilities, sufficient to ensure local parity with India, alerts former foreign secretary Ambassador Shyam Saran.

NSE and BSE IFSC units may file for merger by September end

NSE and BSE IFSC units may file for merger by September end

Rediff.com14 Sep 2023

The proposal to merge the Gujarat International Finance Tec-City (GIFT City) units of the National Stock Exchange (NSE) and BSE has reached an advanced stage, and both bourses could file an application before the National Company Law Tribunal as early as this month, according to a top regulatory official. Sources indicate that the merger proposal has received approval from their respective boards. Both the NSE and BSE are arch rivals when it comes to onshore trading.

Investing In ETFs: What You Must Know

Investing In ETFs: What You Must Know

Rediff.com6 Jan 2025

'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

India enters the elite club of world's 10 largest stock markets

India enters the elite club of world's 10 largest stock markets

Rediff.com7 Nov 2014

India, with m-cap of about $1.6 trillion, is ahead of Switzerland.

Insider trading norms for MFs to be applicable from Nov 1

Insider trading norms for MFs to be applicable from Nov 1

Rediff.com22 Oct 2024

All transactions in the units of an asset management company's mutual funds exceeding Rs 15 lakh executed by designated persons, trustees, or their immediate relatives must be reported to the compliance officer within two business days from such transactions, Sebi said on Tuesday. The threshold of Rs 15 lakh could be either in a single transaction or multiple transactions within a quarter, per PAN, across all schemes except exempted ones. The new rules will be applicable from November 1, the Securities and Exchange Board of India (Sebi) said in a circular.

No terror funds in stock markets: Govt

No terror funds in stock markets: Govt

Rediff.com12 Aug 2009

The government on Tuesday ruled out any surreptitious entry of terrorist outfits into the stock market and said that sufficient caution has been administered to the stock exchanges to look out for any suspicious entry into their activity.

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

Rediff.com13 Jun 2025

'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'