Page 2 - Cdsl

Stocks to watch: Hero Moto, NMDC, HDFC Bank, Centrum Capital, VIL, CDSL

Two-wheeler maker Hero MotoCorp will hike its vehicle prices by up to Rs 3,000 from July to partially offset the impact of the higher commodity prices

Nifty needs to hold 11,600 for further up-move: CapitalVia Global Research

As per weekly option data, huge call writing on higher strikes ranging from 11,700 to 12,000 is witnessed which shows Nifty would face resistance in the zone of 11,800

CDSL IFSC branch in Gujarat gets recognition as foreign depository

The objective of the branch is to make IFSC the ''go-to'' location for global investors and be the preferred choice amongst the financial markets

CDSL reports 68% jump in profit after tax at Rs 48.87 cr for Sept quarter

In comparison, the depository had posted a profit after tax (PAT) of Rs 29.06 crore in the same quarter preceding fiscal, Central Depository Services (India) Limited or CDSL said in a statement

How to sniff and dodge financial scams and keep your wealth intact

Here are some tools that will help you detect a scam from a mile away and avoid touching one even with a 10-foot barge pole

Sebi steps up oversight of MII boards, seeking to protect shareholders

Regulator takes a close look at appointments after shareholder directors of NSE, BSE quit

BSE, CDSL: What charts indicate for stock exchange, depository stocks

The stock price of CDSL has doubled In less than three months.

CDSL gets UIDAI nod for e-KYC authentication for opening accounts online

CDSL said it will facilitate intermediaries to offer seamless online account opening using Aadhaar-based e-KYC

Nifty view & technical calls from HDFC Securities: Buy L&T Infotech, CDSL

Technical calls from Mr. Nandish Shah, Technical & Derivatives Analyst, HDFC securities

CDSL becomes first depository to open branch in IFSC at GIFT City

CDSL earns revenue from transaction charges, account maintenance and settlement levy paid by depository participants

Sebi approves CDSL proposal to set IFSC branch in Gujarat's GIFT City

Central Depository Services (India) Ltd on Monday said it has received approval from markets regulator Sebi for setting up its IFSC (International Financial Services Centre) branch at the GIFT City in Gujarat. CDSL will be the first depository to launch its branch operations from the precincts of IFSC in the GIFT city. "Adding to the list of many firsts, CDSL besides being the first listed depository in India would also be the first depository to set-up its branch at the IFSC Center at GIFT City. We are fully committed to bring in the world class sophistication and services in the products as permitted from time to time. "Additionally, I am sure that it would contribute to the development of the market with the introduction of delivery-based trading to the existing suite of the products traded on the exchanges at the IFSC Center. It would also enable issuers to list their issuances like bonds & depository receipts thereby enhancing the value proposition for the IFSC Center," Nehal

BSE to sell 4% stake in Central Depository Services through OFS mechanism

The exchange will sell 41.8 lakh equity shares, representing 4 per cent of its stake in CDSL through offer for sale route, according to information available with the NSE

How the Karvy case brought another three dozen brokers under Sebi's radar

Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country

DHFL hits over 10-year low after CDSL freezes promoters' shareholding

DHFL defaulted on multiple commitments after it was in trouble due to the non banking financial companies (NBFC) crisis which started after the fallout of IL&FS.

DHFL promoters' holding frozen for delay in first quarter results

However, sources close to DHFL said the company is going to declare its results in few days and is arranging a board meeting for the purpose

CDSL freezes DHFL promoters' holding over delay in announcing Q1 results

Leading depository CDSL has frozen shareholding of debt-ridden mortgage lender DHFL's promoters because of delay in announcement of the company's financial earnings, sources said on Monday. The decision has been taken after the company failed to announce its first quarterly results, they said. However, sources close to Dewan Housing Finance Corporation Ltd (DHFL) said the company results are expected to be announced in next few days, for which the board meeting is expected to be called for, they added. DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments. The Wadhawan family, which owns a little over 39 per cent in the DHFL, has been looking at various ways of coming out of the stress. These include selling stakes in group entities, including in the flagship to the extent of giving up half of their stake. Sources on Monday said CDSL, which allows investors to deposit securities

CDSL sees best listing day gain since D-mart

Shares of Central Depository Services (CDSL) gained 75 per cent during their stock market debut on Friday, the best listing day performance since March, when Dmart operator Avenue Supermart's shares had more than doubled. Shares of CDSL closed at Rs 260.7; the issue price was Rs 149. The stellar debut followed a huge response for its Rs 525-crore Initial Public Offer (IPO), which saw 170 times more demand than the shares on offer. The shares only traded on the National Stock Exchange, hit a high of Rs 270 and a low of Rs 250, with a total of Rs 1,315 crore changing hands. At the closing price, CDSL's market capitalisation was Rs 2,734 crore."The debut was in line with the expectations. The company's IPO was one of the most subscribed in the history of Indian capital markets. CDSL has provided a unique investment opportunity, as it is the first depository to list," said Dharmesh Mehta, managing director, Axis Capital. P S Reddy, managing director of CDSL, says the potential for the ...

CDSL to launch Rs 524-cr IPO on June 19

Central Depository Services India (CDSL) will launch its much-awaited initial public offering (IPO) on June 19. Promoter BSE will sell 26 per cent stake in the depository in the IPO to comply with the shareholding requirement imposed by market regulator Securities and Exchange Board of India (Sebi). The exchange currently holds 50.05 per cent stake in CDSL. To meet Sebi norms, it had to bring down its holding to minimum of 24 per cent by March 31, 2017. The market regulator, however, has extended the deadline till June 30. CDSL's Rs 524-crore IPO will close on June 21 and the listing will take place before June 30.The IPO entirely comprises of secondary share sale of 35.2 million shares which are being offered in the price band of Rs 145 to Rs 149 per share. Besides BSE, State Bank of India, Bank of Baroda and Calcutta Stock Exchange will be offering their 4.57 per cent, 2.08 per cent and 0.96 per cent stake in the IPO.The offering will comprise of 33.65 per cent of paid-up equity ...