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.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
A suspected intruder was shot dead early Thursday by the Border Security Force along the Indo-Pak border in Pathankot where the force is on high alert following the January 2 terror attack on air force base.
The whistle-blower may strongly feel about the issues he had raised.. the regulator will follow the due legal process and decide, Balakrishnan said.
Where Binny slipped up badly was in gauging the level of transparency and governance that is expected by a global strategic investor, says Indrajit Gupta.
iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.
Slamming Narendra Modi for his charge of 'criminal negligence of security' at his rally, Bihar Chief Minister Nitish Kumar on Monday dubbed his Gujarat counterpart as an "expert in cultivation of falsehood" and said terrorists in a way helped the Bharatiya Janata Party in its "otherwise flop" rally.
From 1952 to 1967, each of the three Lok Sabhas sat for an average of 600 days and more than 3,700 hours. In comparison, the 15th Lok Sabha -- from 2009 till 2013 -- has met for just 345 days and 1,331 hours, says Shreya Singh
Pakistani intelligence agencies have seized the records of two federal ministries to investigate an alleged institutional lapse in objecting to "Indian aggression" on sharing of river waters and securing international carbon credits on disputed hydropower projects, a media claimed on Saturday.
Home Minister Rajnath Singh, Defence Minister Manohar Parrikar, Finance Minister Arun Jaitley, National Security Advisor Ajit Doval, Army Chief General Dalbir Singh Suhag besides other senior officials attended a meeting with Prime Minister Narendra Modi.
Belgian league leaders Antwerp secured a shock 1-0 win over Tottenham Hotspur and AC Milan extended their unbeaten run to 23 games as they won 3-0 against Sparta Prague in the Europa League on Thursday, while Arsenal cruised to a 3-0 win over Dundalk.
Images from Day 9 of Wimbledon at the All England Lawn Tennis and Croquet Club in London, on Wednesday.
The eight terrorists had escaped from the Central Jail in Bhopal in the wee hours, killing a security guard and scaling the prison wall with the help of bed sheets, following which some officials responsible for jail security have been suspended.
Prime Minister Narendra Modi has made a stunning entry into the top 10 list of Twitter users with a vast following, rocketing to the #2 spot.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Congress general secretary Digvijay Singh on Thursday stuck to his claim that the the Batla House encounter in New Delhi was "fake" even as Home Minister P Chidambaram insisted that the gunfight between security forces and terrorists was "genuine".
After a barren first quarter, Manpreet scored in the 21st and 26th minutes while drag-flicker Harmanpreet Singh converted a penalty corner in the 36th as India registered their second consecutive win of the tournament.
A 32-point questionnaire on alleged lapses in security for former prime minister Benazir Bhutto will be sent to Pervez Musharraf following the government's decision to include the former military ruler in the probe into her assassination, Pakistani officials have said.
The government said on Thursday that it was committed to demutualisation and corporatisation of stock exchanges to prevent recurrence of securities scams.
A book has claimed that the United States army personnel, who has been accused of downloading and passing thousands of secret documents to WikiLeaks, was able to copy them due to a lapse in security. Specialist Bradley Manning, 23, who downloaded the material in Iraq, had 'unrestricted access' to millions of classified documents 'with virtually no supervision or safeguards', revealed extracts from the book.
Early this year the US along with the United Kingdom and France approached the United Nations's sanctions committee for the ban on Azhar.
'It is nobody's contention that uncomfortable questions regarding national security should not be raised. But that is a topic for another day and another time when the immediate threat has faded,' argues Vivek Gumaste.
Eight terrorists of the banned Students Islamic Movement of India escaped from the Central Jail in Bhopal on Monday by killing a security guard and scaling the prison wall with the help of bed sheets, following which some officials responsible for jail security have been suspended.
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
The statement said that towards ensuring financial stability for the family, Infosys takes into account the statutory payments to be made as per the company policy.
The Naxalites who once claimed to be the protectors of poor people are now brutally killing the civilians. On the part of security personnel, a small lapse is landing the poor people in trouble. Monday's stunning incident in Dantewada that killed 35 civilians and policemen when Naxalites blew up a passenger bus stands witness to how the 'saviours' of poor tribals are turning into slaughterers.
With the deadline for furnishing details of permanent account number lapsing on December 31, a quarter of the 98.5 lakh (9.85 million) demat accounts will be frozen from January 1.
A day after the discovery of a crude bomb on board a Bengaluru-Thiruvananthapuram Kingfisher flight exposed the glaring lapses in security, the police are now considering the possibility of the incident being an 'in-house job'."Preliminary investigations have revealed that there are several unregistered unions which are trying to get the better of each other. Our probe suggests that the bomb could have been placed in a bid to embarrass the company," said a police officer.
The matter pertains to the Rs 173.8 million severance offer given to former CFO Rajiv Bansal in October 2015 when he was allegedly forced to step down due to differences with then chief executive Vishal Sikka over the acquisition of Israeli technology firm Panaya for $200 million.
Filing your Income tax returns electronically through the internet is a simple, easy and convenient process.
Filing your Income tax returns electronically through the internet is a simple, easy and convenient process.
The regulator in its notice alleged violations of the code of conduct because Chanda Kochhar reportedly had not disclosed the conflict of interest arising out of business dealings among ICICI Bank, Videocon and NuPower Renewables, led by her husband, Deepak Kochhar.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
Earlier, China had extended the "technical hold" on India's move to get Azhar designated as a terrorist by the UN.
Mrigank Warrier reports on life -- beyond masks and PPE suits -- of frontline medical personnel at vaccination centres.
World Number one Simona Halep and Japan's Naomi Osaka are among the players nominated for the Women's Tennis Association (WTA) Player of the Year award.
Amid reports of an increase in infiltration bids, the Centre on Tuesday directed the Border Security Force to set up a real time intelligence sharing grid and seal all vulnerable points along the Indo-Pak border.
A round-up of Saturday's action in the Premier League.
The students are demanding the removal of vice chancellor M Jagadesh Kumar from his post.
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