Page 26 - Nse

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

After NSE, BSE set to introduce cross-margining facility from Wednesday

Cross-margining allows traders to transfer excess margin from one account to another account to satisfy margin maintenance requirements to offset positions

Top headlines: Wadia withdraws case against Tata, Walmart fires 56 execs

From the latest on Nusli Wadia's defamation suit against Ratan Tata to Walmart's firing of top India execs, read all the top headlines here

Sebi sends supplementary notice to NSE over appointment irregularities

This supplementary notice was sent on December 16, and follows a show-cause notice sent on October 9, 2019

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 slashes quantum of penalty on stock brokers for 'abnormal trades'

The decision was taken following protest from trade bodies that were seeking a withdrawal of these fines citing impact on trade volume

New margin norms imposed by NSE may hit mid, small cap segments hard

Norms on providing margins were issued by the National Stock Exchange of India last week

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

10 firms to list commercial papers on BSE for Rs 7,185 cr issue size

Leading stock exchange BSE on Friday said 10 companies have filed applications with the bourse to list their commercial papers (CPs) for a total issue size of Rs 7,185 crore. Bajaj Finance Ltd, National Fertilizers Ltd, Network18 Media & Investment Ltd, TV18 Broadcast Ltd, Bajaj Housing Finance Ltd, SBI Cards and Payment Services Ltd, Axis Finance Ltd, Aditya Birla Money Ltd, ICICI Home Finance Company Ltd and Standard Chartered Investments and Loans (India) Ltd are the firms that have made applications to list their CPs with the exchange, BSE said in a release. Post process, the effective date of listing of CPs with the exchange will be January 6, it added. "Till date, 59 issuers have done 381 issuances of commercial papers and have successfully listed CPs of Rs 1,28,745 crore on BSE. The weighted average yield of these issuances is 6.09 per cent with an average tenor of 132 days," the exchange added. CP is an unsecured money market instrument issued in the form of promissory ...

Sebi confirms ban on BRH Wealth Kreators, 7 others from securities market

In October 2019, the bourse forwarded a report of its preliminary observations of BMA to Sebi and it was observed that the entity prima facie failed to comply with Sebi regulations

Top headlines: Tata-Mistry fight goes to SC, PMI at 7-mth high, and more

From Tata-Mistry fight to December PMI, read today's top headlines here

NTPC may acquire NEEPCO through debt; awaits clarity on THDC stake buying

Company executives said they would evaluate several funding streams, including the bond market

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

government bonds launches interest rate options on 10-year government bonds

As per the statement, interest rate options are based on the underlying government 10-year bonds -- the 7.26% 2029 bond and the 6.45% 2029 bond

Girish Chandra Chaturvedi to succeed Ashok Chawla as NSE chairman

His appointment comes at a time when the exchange is working on limiting the fall-out of the scandal at Karvy Stock Broking

National Stock Exchange appoints Girish Chandra Chaturvedi its chairman

The position was vacant since Ashok Chawla resigned as the chairman of the NSE in January

NSE launches Nifty Bharat Bond Index series to track 'AAA' rated bonds

Sources said NHAI, NHPC, NTPC, REC, PFC and Nuclear Power Corporation of India Ltd would be in the index.

GMR Infra to Dish TV: NSE identifies eight firms for surveillance action

Leading stock exchange NSE has shortlisted eight companies, including Future Enterprises and GMR Infrastructure, that have higher levels of pledged shares by promoters, for surveillance action. The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment. Jindal Steel & Power, Dish TV India, Gayatri Projects, Max India, Sadbhav Infrastructure Project and Sequent Scientific are the other six companies identified for surveillance action, according to a circular. "The applicable rate of margin in equity and equity derivatives segment shall be 35 per cent or existing margin, whichever is higher with effect from December 5 on all open positions as on December 4 and new positions created from December 5," the bourse said. It also noted that shortlisting of securities under this surveillance measure is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company. In

Top events today: New telco tariffs, RBI MPC to begin meet and more

From Airtel, Voda Idea hiking tariffs, Telangana court hearing vet's rape case to Bihar CM Nitish Kumar beginning his tour against climate change, Business Standard brings you top events of the day.