Nsdl

NSDL warns brokers 'opting out' of demat nomination without investors' nod

Some brokers were opting out on behalf of investors who hadn't submitted choice of nomination and whose trading accounts will become inactive after March 31 if they don't exercise their choice by then

NSDL acquires 5.6% stake in govt's e-commerce project ONDC for Rs 10 crore

Leading depository NSDL on Wednesday said it has acquired a 5.6 per cent stake in the Union government's Open Network for Digital Commerce for Rs 10 crore. National Securities Depository Limited (NSDL) invested an amount of Rs 10 crore in ONDC under the private placement route, the depository said in a statement. "This strategic deal will further strengthen the digital ecosystem to take digital e-commerce to the people of India," Padmaja Chunduru, MD and CEO at NSDL, said. ONDC is an initiative of the Commerce Ministry to create an open public digital infrastructure, while NSDL has played a key role in transforming the Indian securities market by facilitating, holding and transfer of securities in dematerialised form. NSDL demat account holders are serviced through the Depository Participants from 58,000 service centres. Its investors are present in 99 per cent of pincodes in India and are spread across 189 countries. "We are glad to have NSDL as a stakeholder which would be of ..

Dematerialisation: A digital revolution in Indian finance

Exactly 26 years ago, India embarked on a very ambitious path in digital finance leading to remarkable results. It is time for more such reforms

Irdai set to meet insurance CEOs on dematerialisation of policies

This initiative was started by insurance regulator a few years ago, but did not take off as the operational challenges and associated cost for insurers outweighed customer convenience

New milestone: Demat accounts surpass 100 million for the first time

The tally was less than 41 million before Covid-19 pandemic

India at 75: 20 milestones for Indian markets between 1995 and 2002

From the launch of the Nifty50 to the Ketan Parekh scam and the slump in the aftermath of the 9/11 terror attacks, here are the 20 biggest events for stock markets from 1995 to 2002

Rupee ends at new low as global risk fears spur rush to safe-haven dollar

The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%

Indian stocks set to post their worst half-year performance in two years

Among sectors, the largest decline was seen in metal & information technology (IT) stocks, while relative outperformance was seen in auto counters

How rupee shrugged off the fragile tag and outperformed despite shocks

The domestic currency has fared better than many of its emerging market peers

Sebi panel to improve governance norms for market infra bodies

The committee is entrusted to make recommendations regarding the role played by the governing board and committees of MIIs

NSE scouts for new MD & CEO; though Limaye is eligible for 5-year extension

Current MD and CEO Vikram Limaye's five-year tenure ends this July, and he is eligible for another five-year term

Street signs: New demat accounts rise, F&O stock list swells, and more

Market watchers say it will be interesting to see if the pace of addition continues if the market continues to remain volatile

Padmaja Chunduru appointed MD, CEO of National Securities Depositories

Her appointment has been ratified by the shareholders of NSDL at its meeting held on September 29

Street signs: HDFC Bank back in 'red flag' list, Sansera GMP at 15% & more

A red flag gets activated whenever the foreign shareholding is less than 3 per cent of the permissible limit, which in HDFC Bank's case is 74 per cent

NCLT Mumbai orders freeze of Videocon group promoters' assets

It has directed the erstwhile promoters of Videocon group to disclose in an affidavit their moveable and immovable properties/assets

NSDL provides more clarity on frozen funds of Adani group-linked FPIs

Some of these funds include Albula Investment Fund, Cresta Fund, and APMS Investment Fund-famous for their investments in Adani group stocks

Sebi asks for ultimate beneficial owners' information in Adani firms

The custodians are directed to provide information in 15 days

No control over FPI disclosures, narrative was 'twisted': Gautam Adani

Adani said a section of the media indulged in "reckless" reporting on administrative actions of regulators, which resulted in a sharp fall in share prices

FPIs continue to pay higher tax on dividends despite Budget relief

NSDL readying a platform to make it easier for companies to deduct appropriate tax

Four of six Adani Group shares locked in 5% upper circuit limit

Adani Ports and Special Economic Zone (APSEZ) and Adani Enterprises were rallied 7 per cent and 6 per cent, respectively, in intra-day trade on the BSE