Page 27 - Nse

Karvy fiasco: NSDL's decision to transfer securities puts lenders in a spot

NSDL has transferred securities, against which loans were given, to clients

Sebi denies Karvy's plea to use PoA, cites illegal transfer of client money

The markets watchdog further said clients of Karvy who seek to sell securities through the broker may do so by using electronic or physical Delivery Instruction Slip only

No interim relief for Karvy as Sebi refuses permission to enrol new clients

The Securities and Exchange Board of India (Sebi) order also highlighted the alleged misuse of power of attorney (PoA) by Karvy

NSE commodities segment gets CBDT recognition, traders to get tax benefit

The approval will benefit traders in relation to trading in commodity derivatives segment of the NSE as the derivative income will be treated as business income

BSE to sell 4% stake in Central Depository Services through OFS mechanism

The exchange will sell 41.8 lakh equity shares, representing 4 per cent of its stake in CDSL through offer for sale route, according to information available with the NSE

Aditya Birla Finance is now 1st firm to list commercial papers on exchanges

ABFL is a well-diversified non-banking finance company (NBFC) with a long-term credit rating of AAA (stable) from both ICRA as well as India Ratings

Sebi puts Karvy-HNIs nexus under scanner, EY conducts forensic audit

Regulatory sources say their prime objective is to ensure that innocent clients whose funds and securities are stuck with the brokerage are returned safely

YES Bank sells over 1.7 million shares of Reliance Capital for Rs 2.8 crore

So far, the lender has offloaded over 4.72 million shares of Reliance Capital

How the Karvy case brought another three dozen brokers under Sebi's radar

Karvy is among the country's top 10 brokerage companies, with 244,000 customers in the country

Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt

Edelweiss Financial Services Ltd and Axis Capital will manage the company's initial share-sale. Shares of the company will be listed on the BSE and NSE.

Sebi bans Pine Animation, 72 others from market for platform manipulation

The entire modus operandi of the case was first allot shares of the company on a preferential basis

Former petroleum secretary Girish Chaturvedi in line for NSE top job

Former secretary and erstwhile SBI deputy MD inducted as public interest directors

NCDEX ties up with NSE Indices to launch AGRIDEX, India's first agri index

Leading commodities such as guar seed, guar gum, soybean, chana, mustard seed, and jeera, etc, will be the index's constituents

NSE asks trading members to safeguard investor data amid rise in frauds

The move comes after Sebi communicated to the NSE that certain fraudsters are collecting data of clients who are already into trading in exchanges and send them bulk messages

Market Wrap, Oct 25: Sensex closes at 39,058, gains 12% in Samvat 2075

The S&P BSE Sensex added 38 points or 0.10 per cent to end the Samvat 2075 at 39,058 levels. The NSE's Nifty50 index ended at 11,584, up just 1 point or 0.01 per cent

NSE launches new smart beta index to track performance of M-cap companies

The beta index includes top-50 companies from its parent Nifty Midcap 150 Index, selected based on their 'quality scores', NSE Indices, an NSE group company, said in a statement

BS jury picks five best fund managers in the debt and equity category

Given the focus on safety and quality, the task of choosing money managers in the debt category was tougher than that for equity funds

National Stock Exchange system hit by glitch in final minutes of trade

Sources said the exchange is looking to ascertain the reason for the glitch. Some officials said the problem occurred due to a connectivity issue with one of the internet services providers, Sify

SAT gives four weeks to NSE, ex-officials to file reply in co-location case

NSE and the people punished, challenged the order at the SAT on May 21

NCDEX's agri index launch by Diwali, chooses NSE IT to manage product

The index will have 10 Sebi-approved agri commodities. Once open for trading, the NCDEX index for agri and MCX index for non-agri commodities will theoretically complete a basket