Page 11 - National Stock Exchange

IIT prof among new members on NSE board, Mohandas Pai and two others exit

Currently, the country's largest bourse has eight board members, which includes four PIDs and three shareholders

Bandhan Bank gets RBI relief on opening of branches, subject to conditions

The bank has been allowed to open new branches, provided 25% of all new banking outlets opened in a financial year are in unbanked rural centres

Sebi to come out with circular to prevent Karvy-like incidents: Ajay Tyagi

Tyagi said also said KSBL has told the NSE that it would pay fund shortfall of Rs 678 crore by March

NSE adds 3 mn new investors in 2019, crosses 30 mn investors in Jan 2020

The exchange also crossed the milestone of 30 million registered investors in January 2020, it said in a statement.

Explained: How concentrated index makes CPSE ETF risky for investors

Among the positives of the offer, the Nifty CPSE Index's valuations are more reasonable than that of front line indices

Yes Bank sells shares worth Rs 5.7 crore in Reliance Power via open market

The lender sold the shares at an average price of Rs 1.91 apiece, which took the total deal value to over Rs 5.77 crore.

'Volfefe' index effect: Global derivative volumes hit a record in 2019

The NSE was the top destination globally in terms of the number of derivatives contracts traded

Realty check: Prestige to Sobha, south Indian developers hold the edge

Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets

Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case

It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015

NSE colocation case: Sebi acquits Ravi Narain, 8 other exchange officials

The order came after an investigation by the Securities and Exchange Board of India against several former and current NSE employees and stock brokers in the co-location matter

Real estate woes impacting core sectors; working with RBI for solution: FM

Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector. Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector. "The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help the people who are affected in the realty sector," she said at an NSE event. It can be noted that after the July budget roiled the market and business sentiment, the government has rolled back many of the tax measures and also went to the extent of drastically cutting corporate tax to 22 percent--making the biggest tax giveaways to the tune of Rs 1.3 lakh crore. Admitting that the so far announced measures have not helped revive the sentiment in the real estate, she said since August the government

Active clients' growth remains weak amid tightening of regulatory norms

Brokers say investors yet to buy the pitch of a broader market revival

NSE to introduce cross margining facility from Friday to increase liquidity

The facility will be made effective from January 10, 2020, NSE said in a circular.

NSE approaches Sebi for IPO, hopes to launch public issue by September

The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares

SBI planning to sell 5 million shares representing 1.01% stake in NSE

Currently, State Bank of India (SBI) holds 5.19 per cent stake in the exchange

Bharat Bond ETF makes National Stock Exchange debut, lists at Rs 1,000

The three-year category received applications for Rs 6,982 crore worth of units, a subscription of 2.3x, against the issue size of Rs 3,000 crore

To test systems, BSE to conduct mock trading for various segments on Dec 4

The mock trading on Saturday is scheduled for commodity derivatives, equity derivatives, currency derivatives and equity segments

Karvy names group CEO for financial services biz in management reshuffle

Group is restructuring its overall business into two verticals - financial services and non-financial services - in a move aimed at improving governance and functioning

Co-location case: Sebi needs to prove basis for disgorgement, NSE tells SAT

The counsel argued that the exchange should have also been given chance to explain its position on the disgorgement order

NSE asks investors to be careful in executing PoA with stock brokers

The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account