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Discount brokers take giant strides; now account for 57% of active clients

The majority of incremental customer acquisition is now happening from tier-2 cities

Discount brokers take giant strides; now account for 57% of active clients
Updated On : 24 Mar 2023 | 11:23 AM IST

HAL disinvestment: Offer for sale subscribed two-fold after slow start

Share sale firms up state-owned defence firm's chances of MSCI India inclusion

HAL disinvestment: Offer for sale subscribed two-fold after slow start
Updated On : 23 Mar 2023 | 11:11 PM IST

Lupin Pharma launches Lurasidone Hydrochloride Tablets in US

The generic equivalent of Latuda tablets has been launched in the US markets

Lupin Pharma launches Lurasidone Hydrochloride Tablets in US
Updated On : 21 Feb 2023 | 2:51 PM IST

NSE Q3 net profit rises 55% to Rs 1,826 cr; revenue up 35% to Rs 3,263 cr

The stellar growth was despite a 20 per cent year-on-year fall in cash market volumes during the 9MFY23

NSE Q3 net profit rises 55% to Rs 1,826 cr; revenue up 35% to Rs 3,263 cr
Updated On : 08 Feb 2023 | 11:36 PM IST

Govt to sell 50.79% in NMDC's steel plant at Nagarnar, invites bids

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)

Govt to sell 50.79% in NMDC's steel plant at Nagarnar, invites bids
Updated On : 01 Dec 2022 | 10:19 PM IST

Britannia stock jumps 10%; NSE H1FY23 consolidated PAT jumps 53%

NSE has almost a monopoly in the equity derivatives segment and 93 per cent market share in the equity cash segment

Britannia stock jumps 10%; NSE H1FY23 consolidated PAT jumps 53%
Updated On : 07 Nov 2022 | 4:31 PM IST

Chitra Ramkrishna mastermind behind conspiracy, ED tells Delhi High Court

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

Chitra Ramkrishna mastermind behind conspiracy, ED tells Delhi High Court
Updated On : 01 Nov 2022 | 11:10 PM IST

Stock market closed today for Dussehra; all trading holidays for 2022

The stock market in India will remain closed today for Dussehra

Stock market closed today for Dussehra; all trading holidays for 2022
Updated On : 05 Oct 2022 | 9:26 AM IST

Court dismisses NSE ex-CEO Ramkrishna's bail plea in money laundering case

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

Court dismisses NSE ex-CEO Ramkrishna's bail plea in money laundering case
Updated On : 29 Aug 2022 | 12:31 PM IST

Vikram Limaye's tenure ends at NSE, sources say no successor named yet

NSE had started MD & CEO selection process in March. Vikram Limaye was eligible for another five-year term but opted out

Vikram Limaye's tenure ends at NSE, sources say no successor named yet
Updated On : 15 Jul 2022 | 11:24 PM IST

HC seeks CBI stand on ex-NSE GOO Subramanian's bail in co-location case

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

HC seeks CBI stand on ex-NSE GOO Subramanian's bail in co-location case
Updated On : 31 May 2022 | 4:57 PM IST

Retail investors share in NSE listed companies reach all-time high of 7.42%

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

Retail investors share in NSE listed companies reach all-time high of 7.42%
Updated On : 04 May 2022 | 12:49 PM IST

Mysterious Himalayan 'yogi' had been flagged in NSE co-location scam probe

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

Mysterious Himalayan 'yogi' had been flagged in NSE co-location scam probe
Updated On : 18 Feb 2022 | 8:31 PM IST

Amid raids on ex-MD, Cong questions silence of PM, FM on NSE's functioning

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

Amid raids on ex-MD, Cong questions silence of PM, FM on NSE's functioning
Updated On : 17 Feb 2022 | 2:55 PM IST

Retail shareholding in NSE-listed companies hits 7.32% in December

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

Retail shareholding in NSE-listed companies hits 7.32% in December
Updated On : 10 Feb 2022 | 3:03 PM IST
Updated On : 22 Nov 2021 | 6:10 AM IST

Buoyant stock market takes India's unique investor base past 50 million

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

Buoyant stock market takes India's unique investor base past 50 million
Updated On : 25 Oct 2021 | 5:41 PM IST

NSE bans members from selling digital gold after Sebi flags concerns

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

NSE bans members from selling digital gold after Sebi flags concerns
Updated On : 26 Aug 2021 | 2:14 AM IST

REITs, InvITs to be included in Nifty indices from September 30: NSE

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

REITs, InvITs to be included in Nifty indices from September 30: NSE
Updated On : 24 Aug 2021 | 8:21 PM IST

The road ahead for State Bank of India

The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance

The road ahead for State Bank of India
Updated On : 06 Jun 2021 | 9:54 PM IST