The majority of incremental customer acquisition is now happening from tier-2 cities
Share sale firms up state-owned defence firm's chances of MSCI India inclusion
The generic equivalent of Latuda tablets has been launched in the US markets
The stellar growth was despite a 20 per cent year-on-year fall in cash market volumes during the 9MFY23
The last date for submitting queries by interested bidders is December 29, 2022, and that for submission of bids is January 27, 2023 as per the expression of interest (EoI)
NSE has almost a monopoly in the equity derivatives segment and 93 per cent market share in the equity cash segment
The ED on Tuesday opposed in the Delhi High Court the bail plea of former MD of National Stock Exchange Chitra Ramkrishna in a money laundering case related to alleged illegal phone tapping of NSE employees, saying she was the mastermind behind the criminal conspiracy in the matter. The Enforcement Directorate (ED) told Justice Jasmeet Singh that the proposal for call interception and monitoring, which was in the guise of study of cyber vulnerability, was processed through Ramkrishna who was the deputy managing director at the relevant time, and that she identified the telephone numbers and the employees for monitoring. It said that all the approvals were either processed through her or given by her and that the illegal interception was co-terminus with her tenure at NSE. She represented NSE at an initial meeting for the award of the contract. The telephone numbers and the employees who were identified for monitoring were identified by her. "We have statements of multiple people w
The stock market in India will remain closed today for Dussehra
A Delhi Court on Monday dismissed the bail application of former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna in a money laundering case related to the alleged illegal phone tapping and snooping of NSE employees. Special Judge Sunena Sharma denied the relief, saying the stage was not set to allow the bail. During the hearing, the ED had opposed the bail plea, saying the investigation was ongoing in the matter and she was directly or indirectly indulging in the crime. The ED's Special Public Prosecutor N K Matta had told the court that from 2009 to 2017, former NSE CEO Ravi Narain, Ramkrishna, Executive Vice President Ravi Varanasi and Head (Premises) Mahesh Haldipur and others conspired to cheat NSE and its employees and for the said purpose iSEC Services Pvt Ltd was engaged for illegal interception of phone calls of employees of NSE in the guise of Periodic Study of Cyber vulnerabilities of NSE. The top officials of NSE issue
NSE had started MD & CEO selection process in March. Vikram Limaye was eligible for another five-year term but opted out
The Delhi High Court on Tuesday sought the CBI's stand on a bail plea filed by National Stock Exchange (NSE) former group operating officer Anand Subramanian in the co-location scam case. Representing the accused, senior advocate Vikas Pahwa argued that an incomplete chargesheet has been filed in the case and sought a mandatory bail under the Criminal Procedure Code as well as on merits. Justice Sudhir Kumar Jain then issued a notice seeking the CBI's response. The former GOO was arrested by the CBI on February 24 and was remanded to custodial interrogation. He was sent to judicial custody on March 9. In his bail plea filed through advocate Alok Tripathi, Subramanian has stated that a trial court wrongly dismissed his plea for default bail in the matter by an order passed on May 28. An FIR in this case was registered in May 2018 amid fresh revelations about irregularities at the country's largest stock exchange. The CBI is probing the alleged improper dissemination of information
In INR value terms, retail holding in companies listed on NSE reached an all-time high of Rs 19.16 lakh crore from Rs 19.05 lakh crore on December 31, 2021, an increase of 0.56 per cent
The NSE submitted its detailed response along with a report of forensic investigation conducted by Ernst & Young (E&Y) wherein it was concluded that the said unknown person was Subramanian
Ramkrishna hit the headlines after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayas in the appointment of Subramanian as NSE's group operating officer and advisor to MD
According to Primeinfobase.com, an arm of Prime Database Group, retail shareholding in NSE-listed companies touched an all-time high of 7.32 pc in December
Network aims to curb digital monopolies
The count is 30% less than the total demat accounts in the country. This is because several investors have multiple demat and trading accounts with more than one broker
National Stock Exchange (NSE) has directed its members, including stockbrokers, to discontinue the sale of digital gold on their platforms by September 10. The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold. Securities and Exchange Board of India (Sebi), through a letter dated August 3, informed the exchange that the said activity is in contravention of Securities Contracts (Regulation) Rules (SCRR), 1957, and the members should refrain from undertaking any such activities. The SCRR rules restrict all members from engaging, either as principal or employee, in any business, other than that of securities or commodity derivatives, except as a broker or agent, not involving any personal financial liability. Accordingly, NSE directed members not to carry out such activity and comply with the regulatory requirements at all times. "Members, currently engaging in the activity, shal
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts will be included in the Nifty indices from September 30, according to new eligibility criteria announced by the NSE
The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance