Shares of IndusInd Bank have surged 47% in November - third-most among Nifty companies
Leading stock exchanges BSE and NSE have declared Anugrah Stock & Broking as a defaulter and have expelled the brokerage house from respective memberships. The move comes days after a similar action was taken by the stock exchanges against Karvy Stock Broking. "The exchange has declared Anugrah Stock & Broking Pvt Ltd, a corporate trading member, of the exchange as defaulter... also expelled the said trading member... with effect from November 27, 2020," BSE said in a circular on Friday. Investors having any outstanding claims against the brokerage house have been asked to file their claims with the exchange within 90 days (by February 25, 2021), it added. In a separate circular on Thursday, NSE said the trading member has been "expelled from the membership of the exchange... and has been declared as defaulter... with effect from November 26, 2020, after close of market hours". On November 13, markets regulator Sebi suspended Anugrah Stock & Broking Pvt Ltd (ASBPL) till ...
Shortages in reporting shall be considered as shortfall of margin collection and a penalty will be levied on the clearing member of the custodian participant
Future Retail - one of country's top retailers - has been locked in a bitter dispute with Amazon over its $3.4 billion retail assets deal with Reliance Industries
The National Stock Exchange has declared Karvy Stock Broking as a defaulter for non-compliance with the regulatory provisions of the bourse
All that happened in the markets today.
Hexaware on Monday said trading of its shares on the National Stock Exchange will be suspended from November 2 on account of voluntary delisting by the IT company
Currently, NSE holds between 25 per cent and 100 per cent stakes in these entities through its arm NSE Investments
The initiail public issue plans to raise Rs 4400 crore from investors and will be the third REIT offer after Embassy and Mindspace REITs
While in terms of volume this has been a busy month, the cumulative amount, Rs 7,123 cr, being raised is relatively low
Technology helping newer, more agile playe sto add customers faster
This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent
The issue size is likely to be around Rs 2,200 crore, up from Rs 1,500 crore
The cut-off date for Registrar to provide acceptance details is September 29, 2020, while the settlement date has been revised to September 30, 2020, the filing said
As per NSE''s bulk deal data, promoter of Amber Enterprises, Kartar Singh, offloaded 275,000 shares of the firm for Rs 50.63 crore
Regulator takes a close look at appointments after shareholder directors of NSE, BSE quit
The regulator already has a strict framework in place dictating the appointments and tenures of board members at stock exchanges, clearing corporations and depositories
Sebi imposed a penalty of Rs 50 lakh on National Stock Exchange for making changes in compensation policy for senior management level people without taking prior approval from the markets regulator
Experts say spike can be attributed to limited availability of dealing room staff
The issue price represents a 1.9 per cent premium to the floor price determined based on the pricing formula as prescribed under SEBI Regulations