New Delhi: Leading stock exchanges BSE and NSE have put out comprehensive guidelines for handling technical glitches at members’ end in order to prevent disruptions. Under the new framework, members will have to pay Rs 20,000 per day in case of failure to report the incident to the exchanges within the required timeline, BSE and…Continue Reading
New Delhi: has raised Rs 5,000 crore debt capital by issuing bonds on a private placement basis, the bank said on Friday. The board of directors of the bank had in April this year approved to raise funds by issuing debt securities. “Pursuant to the same, the bank has allotted 50,000 senior unsecured redeemable long…Continue Reading
SynopsisThe regulator has asked the intending bidders to make their own independent enquiries regarding the measurement, nature, type, classifications, encumbrances, litigations, attachments, and liabilities of the properties put on auction.New Delhi: Markets regulator Sebi on Friday said it will auction eight properties of Vishwamitra International Infra on December 27 to recover investors’ money. These properties…Continue Reading
New Delhi: Capital markets regulator Sebi on Friday directed custodians and designated depository participants to publish investor charters on their websites and make disclosures about complaints received by them. They are required to disclose on their respective websites the monthly data on complaints received and their redressal latest by 7th of succeeding month, Sebi said…Continue Reading
New Delhi: Markets regulator Sebi on Friday extended the timeline for submission of comments on proposals related to market-making mechanism in the corporate bond market to January 16, 2022. In a bid to enhance liquidity in the secondary market for corporate bonds, Sebi proposed a market-making mechanism in the corporate bond market in November 2021.…Continue Reading
Home minister Amit Shah urged UP’s fishermen community to vote for his party at a joint rally with the Nirbal Indian Shoshit Humara Aam Dal (Nishad) in Lucknow on Friday. He said that BJP would try to fulfill all demands of the community and highlighted the Centre’s schemes for Backward castes. Nishad partyrepresents interests of…Continue Reading
New Delhi: Capital markets regulator Sebi on Friday tweaked operational guidelines pertaining to the listing of commercial papers in order to bring uniformity in requirements. To ease the compliance burden on listed entities, Sebi in August consolidated existing procedures pertaining to issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities…Continue Reading
Mumbai: Markets watchdog Sebi has asked the broking community to strengthen data/cybersecurity firewalls to secure their customers from cyber fraudsters and develop technologies to ease the process of investing in the markets. Addressing the Association of National Exchange Members of India (Anmi), Sebi executive director GP Garg on Friday urged brokers to draw the maximum…Continue Reading
Indian President Ram Nath Kovind, who attended the golden jubilee celebrations of Bangladesh’s independence, inaugurated the renovated Ramna Kali Mandir in Dhaka during his visit to the country. The historic mandir is dedicated to the Hindu Goddess Kali and while addressing the Indian community, the President said that he sees the occasion as “a blessing from Maa…Continue Reading
Hip-hop artist Kanye West’s third-party 2020 presidential campaign hid ties and payments to Republican operatives, in possible violation of federal law, according to documents obtained by The Daily Beast. West, a longtime friend of former President Donald Trump, launched his dubious bid in the summer of 2020, although he did very little actual campaigning and failed to…Continue Reading