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Stock exchanges

Reliance's O2C jitters: A refining challenge that's crimping growth

IPO moves and new energy clarity: Key upside risks for the conglomerate

Reliance's O2C jitters: A refining challenge that's crimping growth
Updated On : 21 Jul 2024 | 11:11 PM IST

Tyger Capital to list by next year, targets Rs 20,000 crore book

Gaurav Gupta said that in keeping with growing business, company expects to take on board 600 people in the current financial year as it is opening 60-65 new branches for broadening its network

Tyger Capital to list by next year, targets Rs 20,000 crore book
Updated On : 04 Jul 2024 | 11:55 PM IST

The bigger the pain, the sooner you will get the money: Rajesh Magow

Rajesh Magow of MakeMyTrip reveals the secret for startups to negotiate this funding winter

The bigger the pain, the sooner you will get the money: Rajesh Magow
Updated On : 28 Mar 2024 | 11:43 PM IST

Stock exchanges impose fines on Dish TV over board irregularities

Leading bourses BSE and National Stock Exchange have again imposed penalties on DTH operator Dish TV over composition and lack of quorum for its Board meeting, according to a regulatory filing by the company. The company has again received notices, imposing fines on February 22, 2024, said Dish TV on Friday. The stock exchange notices, in which NSE and BSE both separately imposed a total penalty of Rs 4.26 lakh, were placed before the Board of the company, which met on Friday. "National Stock Exchange of India Limited and BSE Lt had issued notices dated February 22, 2024, to the Company in respect of Noncompliance with the requirements pertaining to the composition of the Board for the quarter ended December 31, 2023, and constitution of Audit Committee & Stakeholder Relationship Committee for the quarter ended September 30, 2023," it said. Stock exchanges "have imposed fines on the Company for the said non-compliances" with regulations 17(1), 18(1) and 20 of the SEBI Listing ...

Stock exchanges impose fines on Dish TV over board irregularities
Updated On : 15 Mar 2024 | 10:53 PM IST

NSE crosses 9 cr unique investors mark; adds last 1 cr in 5 months

The National Stock Exchange (NSE) on Friday said its unique registered investors have surpassed 9 crore, with the latest 1 crore additions taking place in just five months. The investor base has seen more than three-fold jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion, and strong market performance. "The unique registered investors on the National Stock Exchange of India crossed 9 crore on February 29, 2024," the bourse said in a statement. Besides, the total number of client codes registered with the exchange reached 16.9 crore. This includes all client registrations done till date. Notably, clients can register with more than one trading member. Unique investor registrations at NSE have seen an accelerating trend over the last few years. While the increase from 6 to 7 crore unique investors took about nine months, the next crore investors came in eight months, and the jump from 8 to 9 crore took only five ..

NSE crosses 9 cr unique investors mark; adds last 1 cr in 5 months
Updated On : 01 Mar 2024 | 8:38 PM IST

IOC, Gail and ONGC fined for failure to appoint directors on their board

Listing norms require companies to have independent directors in the same proportion as executive or functional directors. They are also required to have at least one woman director on the board

IOC, Gail and ONGC fined for failure to appoint directors on their board
Updated On : 25 Feb 2024 | 3:42 PM IST

BSE Q3 results: Profit doubles to Rs 108 cr, revenue up 76% at Rs 431 cr

Leading stock exchange BSE Ltd on Monday said its net profit doubled to Rs 108.2 crore in December quarter. In comparison, the exchange had posted a net profit of Rs 51.6 crore in the year-ago period, BSE said in a statement. The bourse achieved its highest quarterly revenue ever at Rs 431.5 crore in the October-December period of the current fiscal, marking a surge of 76 per cent from Rs 245 crore registered in the year-ago period. The exchange's mutual distribution platform, BSE StAR MF, saw the total number of transactions soaring 60 per cent to reach 10.9 crore in the third quarter of the current fiscal from 6.86 crore in the corresponding quarter last year.

BSE Q3 results: Profit doubles to Rs 108 cr, revenue up 76% at Rs 431 cr
Updated On : 05 Feb 2024 | 5:44 PM IST

BSE, NSE cut daily trading limit on Paytm shares to 10% after market rout

The new 10% limits will be applicable from Monday, the Bombay Stock Exchange and the National Stock Exchange said on their websites

BSE, NSE cut daily trading limit on Paytm shares to 10% after market rout
Updated On : 03 Feb 2024 | 7:33 PM IST

Prepping for IPOs, startups shore up ops and focus on profitability

Companies cutting costs to improve financial health, strengthening corporate governance systems

Prepping for IPOs, startups shore up ops and focus on profitability
Updated On : 29 Jan 2024 | 3:50 PM IST

Global stock index edges up, dollar falls after US inflation reading

The MSCI world equity index, which tracks shares in 49 nations, gained 0.12%, after earlier hitting its highest level in almost two years

Global stock index edges up, dollar falls after US inflation reading
Updated On : 27 Jan 2024 | 8:13 AM IST

Margin risk for city gas distribution players on higher LNG prices

Till date gas consumption in FY24 is up 15 per cent YoY after three years of declines

Margin risk for city gas distribution players on higher LNG prices
Updated On : 06 Dec 2023 | 11:00 PM IST

Regulator Sebi proposes steps to boost appeal of social stock exchanges

Sebi's latest proposals are aimed at boosting the appeal of social stock exchanges

Regulator Sebi proposes steps to boost appeal of social stock exchanges
Updated On : 29 Aug 2023 | 9:22 PM IST

Increased surveillance by Sebi, stock exchanges ruins microcap party

Nearly two-thirds of them have underperformed the small-cap index so far this year

Increased surveillance by Sebi, stock exchanges ruins microcap party
Updated On : 24 Aug 2023 | 11:51 PM IST

Jio Financial Services to list on Monday; MFs to sell 145 million shares

Listing could see Rs 3,800 crore worth of selling by passive MFs

Jio Financial Services to list on Monday; MFs to sell 145 million shares
Updated On : 19 Aug 2023 | 12:03 AM IST

Social Stock Exchange: Tax benefits among the industry's top demands

This issue is being taken up with Sebi and the Centre by the bourses

Social Stock Exchange: Tax benefits among the industry's top demands
Updated On : 15 Aug 2023 | 9:33 PM IST

Stock market holiday for Bakri Eid shifted to Thursday instead of Wednesday

The rescheduling of the holiday led to changes to the timelines for derivatives expiry as well as initial public offerings

Stock market holiday for Bakri Eid shifted to Thursday instead of Wednesday
Updated On : 27 Jun 2023 | 8:38 PM IST

Bourses freeze Orchid Pharma promoters' shares for failing to meet norms

Orchid Pharma on Wednesday said stock exchanges have started freezing the shares of its promoters for the company's failure to comply with market regulator Sebi's minimum public shareholding norms within the stipulated time period. Under Sebi norms, listed companies are required to have a Minimum Public Shareholding (MPS) of 25 per cent and stock exchanges can take action against companies, including freezing of promoters' shares, for non-compliance. In a regulatory filing, the company said its directors have been informed that they shall not hold any new position as director in any other listed entity. "The Directors at the meeting of Board of Directors held on May 10, 2023, have been informed that they shall not hold any new position as director in any other listed entity and that the action of freezing has been initiated by the stock exchanges against the promoters and promoters," Orchid Pharma said. The company stated that in its effort to maintain minimum public shareholding a

Bourses freeze Orchid Pharma promoters' shares for failing to meet norms
Updated On : 17 May 2023 | 11:47 PM IST

India needs over 1 vibrant exchange, tweaking products to enliven BSE: CEO

India needs more than one vibrant exchange, and the BSE is tweaking its capital market products to revitalise the bourse and offer greater flexibility to investors, a top official said. The goal is to encourage technology providers, brokers and end users to actively participate in the BSE, he said. "India requires more than one active exchange, and hence the need to make the BSE more vibrant. We trying to differentiate by tweaking our product offerings," the bourse's MD & CEO Sundararaman Ramamurthy said in an interview to PTI. After taking over the bourse's charge in January, Ramamurthy has taken several measures to reinvigorate the BSE. "We are re-launching Sensex and Bankex derivatives with lower lot sizes and a new expiry cycle of Friday from May 15. The launch of Sensex 30 and Bankex derivatives will provide investors an opportunity to trade these popular and well-tracked indices,'' he said. "We will also be approaching the regulator for introducing weekly options expiries on

India needs over 1 vibrant exchange, tweaking products to enliven BSE: CEO
Updated On : 23 Apr 2023 | 10:04 PM IST

Sebi introduces framework for scheme of arrangement by clearing corps

Capital market regulator Sebi on Tuesday introduced a framework for 'scheme of arrangement' by unlisted stock exchanges, clearing corporations and depositories. A scheme of arrangement is a court-approved agreement between a company and its shareholders or creditors. At present, there is no specific provision for unlisted Market Infrastructure Institutions (MIIs) -- stock exchanges, clearing corporations and depositories -- to file the draft scheme of arrangement with Sebi prior to filing the application before any court or tribunal. Further, the process to be followed by unlisted MIIs in case of a scheme of arrangement is currently not specified. Under the new framework, Sebi said that unlisted MII desirous of undertaking a scheme of arrangement will have to file the draft scheme of arrangement along with a non-refundable fee with the regulator for obtaining the observation letter or no-objection letter before filing such a scheme with any court or tribunal. The provision may not

Sebi introduces framework for scheme of arrangement by clearing corps
Updated On : 28 Mar 2023 | 6:59 PM IST

Managing director Mohanty named LIC interim chairperson as Kumar era ends

Takes charge on March 14 for three months, faces challenges of LIC's falling market share and share price, apart from depleted value of its holdings in Adani group

Managing director Mohanty named LIC interim chairperson as Kumar era ends
Updated On : 13 Mar 2023 | 12:01 AM IST