Business Standard

Page 30 - Nse

NSE board to discuss EY cash segment audit

EY's findings are critical for the NSE's consent plea filed with market regulator Sebi in the co-location matter

NSE board to discuss EY cash segment audit
Updated On : 19 Oct 2017 | 12:59 AM IST

NSE discontinues advance collection of service charges from October

Top stock exchange NSE has decided to discontinue advance collection of service charges, including transaction fee related to cash market, equity derivatives as well as currency derivatives segments, from this month. Besides, the exchange would not collect in advance annual charges for applications related to connectivity and co-location. The move is effective for all new requests from October 2017, a circular issued by NSE said. The exchange has decided to discontinue advance collection of service charges "to improve member experience and based on members' feedback". "Annual advance transaction charges shall be discontinued in cash market, F&O and CD segments," it said. As per the exchange, it "shall raise appropriate bills on the member at the end of each month for services consumed during that month". However, the exchange said interest free security deposits (IFSD) and one time charges, if any, wherever applicable would be collected in advance.

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Updated On : 08 Oct 2017 | 3:07 PM IST

NSE aims for listing in second half of 2018

NSE chief Vikram Limaye said a listing by March would be 'very difficult', and a more realistic time frame would be the second half of next year

NSE aims for listing in second half of 2018
Updated On : 29 Sep 2017 | 12:08 AM IST

NSE adds three firms to broad Nifty 50 index, removes four constituents

The exchange will remove ACC, Bank of Baroda, Tata Power and Tata Motors deferential voting rights

NSE adds three firms to broad Nifty 50 index, removes four constituents
Updated On : 28 Aug 2017 | 7:44 PM IST

Only 48 out of 331 suspected shell companies listed on NSE

The leading bourse would report to the Sebi about the 48 companies after collecting the information

Only 48 out of 331 suspected shell companies listed on NSE
Updated On : 09 Aug 2017 | 10:19 PM IST

NSE files consent application to settle co-location issue

Sources said the NSE had not put any settlement amount in the consent application

NSE files consent application to settle co-location issue
Updated On : 21 Jul 2017 | 12:35 AM IST

Former NSE head Chitra Ramkrishna earned Rs 23 cr during her 8-month stint

She quit as the Managing Director and CEO of the country's premier bourse on December 2 last year

Former NSE head Chitra Ramkrishna earned Rs 23 cr during her 8-month stint
Updated On : 17 Jul 2017 | 5:25 PM IST

NSE technical glitch shows switchover to back-up site isn't easy

The banking sector was recently spooked by incidents of data breach and attempts of cyber-heist

NSE technical glitch shows switchover to back-up site isn't easy
Updated On : 15 Jul 2017 | 1:54 AM IST

NSE accepts Ravi Narain's resignation, may settle probe with Sebi

Narain had put in his papers amid Sebi intensifying its probe into alleged lapses

NSE accepts Ravi Narain's resignation, may settle probe with Sebi
Updated On : 08 Jun 2017 | 9:42 PM IST

NSE plans to settle 'unfair access' case through consent mechanism

The National Stock Exchange (NSE) is plans to settle the allegations of preferential access to certain brokers at its co-location facility through the so-called consent mechanism. The decision in this regard was taken at the exchange's board meeting held on Wednesday, said two people with the direct knowledge of the development.NSE will soon appoint lawyers through whom it will enter into talks with Sebi for a consent settlement, said a source.Under consent settlement, an alleged wrongdoer can settle proceedings with Sebi without admitting or denying guilt by paying a monetary penalty and, or following any other directions, such as suspension, directed by the regulator. This route helps avoid lengthy proceedings.The exchange is seen to settle the "unfair access" controversy in which it has been embroiled with the market regulator since 2015."The board was of the view that the organisation is suffering due to the overhang of the case. It decided it would be better to pay a monetary ...

NSE plans to settle 'unfair access' case through consent mechanism
Updated On : 08 Jun 2017 | 1:46 AM IST

NSE starts operations in Gift City

Exchange aims to capture market share from global financial markets

NSE starts operations in Gift City
Updated On : 05 Jun 2017 | 11:48 PM IST

NSE algo controversy heads for closure

Sebi has sought inputs and explanations on alleged lapses at the exchange

NSE algo controversy heads for closure
Updated On : 29 May 2017 | 11:18 PM IST

NSE announces effecting changes in these 5 indices from May 26

Leading bourse NSE has announced changes in five indices including Alpha 50, High Beta 50 and Low Volatility 50 as part of its quarterly review. Nifty 100 Low Volatility 30 and Nifty Midcap Liquid 15 index will also see changes. The changes will become effective from May 26, NSE said in a circular. Under the changes, Bank of India, Dewan Housing Finance Corporation, Federal Bank, Infibeam Incorporation, Lakshmi Vilas Bank, JM Financial, MRF, Natco Pharma, Sun TV Network, Mangalore Refinery & Petrochemicals and Rural Electrification Corporation will be included in Nifty Alpha 50 index. While Tata Motors, Tata Steel, Grasim Industries, Bharat Financial Inclusion, Capital First, GHCL, Godrej Consumer Products, Mahindra & Mahindra Financial Services, Marico, SRF and Sundram Fasteners will move out of the index. Further, Delta Corp, Edelweiss Financial Services and JM Financial will enter Nifty High Beta 50 index replacing Ashok Leyland, PTC India and Wockhardt. In the Nifty .

NSE announces effecting changes in these 5 indices from May 26
Updated On : 11 May 2017 | 9:14 AM IST

Co-location issue could delay NSE equity offer

Nod for Rs 10,000-cr IPO after Sebi addresses issue, says Tyagi

Co-location issue could delay NSE equity offer
Updated On : 27 Apr 2017 | 3:21 AM IST

NSE to delist Deccan Chronicle, Koutons Retail, 17 others

Leading bourse NSE has decided to delist as many as 19 firms including Deccan Chronicle Holdings Ltd and Koutons Retail India Ltd from its platform from next month. This is in addition to 70 companies that were delisted by NSE in August and March. The National Stock Exchange said it has now "decided to delist (withdraw the admission to dealings in) equity shares of the following companies with effect from May 12, 2017 as per Chapter V of Sebi (Delisting of Equity Shares) Regulations, 2009". Chapter V of Sebi deals with compulsory delisting. The market regulator has been pushing for delisting of over 4,200 listed firms whose shares are not being traded. The companies to be delisted include Coral Hub, Evinix Accessories (currently known as Evinix Industries), Nuchem Ltd, Spanco Ltd, Parekh Platinum , Pasupati Fabrics, Pearl Engineering Polymers, Polar Industries, Vikash Metal & Power and Taksheel Solutions. Besides, NSE said, Koutons Retail, Ankur Drugs and Pharma, Ashco

NSE to delist Deccan Chronicle, Koutons Retail, 17 others
Updated On : 23 Apr 2017 | 2:27 PM IST

NSE cuts fee on options, currency derivatives to deepen market

The move follows changes in transaction charges by rival BSE

NSE cuts fee on options, currency derivatives to deepen market
Updated On : 09 Apr 2017 | 12:46 PM IST

NSE IPO: Algo issue resolution and defreezing of funds needed, say experts

Lack of closure to the algo controversy could weigh on sentiment, say experts

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Updated On : 31 Mar 2017 | 12:04 AM IST

Why has NSE 'unfair access' issue dragged so long?

A look at key sequence of events in the NSE unfair access issue

Why has NSE 'unfair access' issue dragged so long?
Updated On : 30 Mar 2017 | 12:30 PM IST
Updated On : 04 Mar 2017 | 12:30 AM IST

Finmin questions Sebi on NSE co-location audit

Why self-audit by NSE, why weren't charges probed under your supervision, Ministry asks regulator

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Updated On : 23 Feb 2017 | 12:53 AM IST