SME Times News
-
Home SEBI seeks detailed report from NSE on 'trading halt'
Taking note of the around four-hour-long "trading halt" on the National Stock Exchange (NSE), SEBI has directed the bourse to carry out a detailed analysis of the incident and submit its report to the regulator at the earliest.In a statement, the capital market regulator has also told NSE to explain the reasons for trading not migrating to the disaster recovery site.
- 3 hrs ago
-
Home Embargo lifted on pvt banks to conduct govt business
The government has lifted the embargo on private sector banks to undertake Central and state government business, which is still a forte of the public sector banks and three large private players in a limited way -- ICICI Bank, Axis Bank and HDFC Bank.With the permission, all banks would be allowed to conduct government-related banking transactions such as taxes and other revenue payment...
- 3 hrs ago
-
Home 5G's selective roll out in India by 2021 end
By the end of this year, India is expected to join the select club of countries like the US, Canada, the UK and many European Union nations where 5G technology has already been launched.The Department of Telecommunications (DoT), under the Communications Ministry, in a detailed note submitted to a parliamentary committee recently, held that "the specific time frame" for the rolling out of 5G...
- 3 hrs ago
-
Economy India, AIIB sign agreement to improve Assam power transmission
India and the Asian Infrastructure Investment Bank (AIIB) on Tuesday signed a $304 million loan agreement for the Assam Intra-State Transmission System Enhancement Project to improve reliability, capacity and security of the power transmission network in the northeastern state.The project aims to strengthen Assam's electricity transmission system by constructing 10 transmission...
- 4 hrs ago
-
Home SEBI to impose pre-expiry margins to curb negative pricing
In a bid to curb negative pricing and strengthen the risk management framework, SEBI has decided to impose pre-expiry margins on cash settled contracts wherein the underlying commodity is deemed susceptible to reach the level of near zero or negative prices.A circular by the Securities & Exchange Board of India (SEBI) said that in case of these contracts, pre-expiry margins shall be...
- 4 hrs ago
-
Home Gail to be excluded from Nifty50
Bellwether stock index Nifty50 will remove energy major Gail from the stocks that comprise its weightage, NSE Indices said on Tuesday.The Index Maintenance Sub-Committee (IMSC) of NSE Indices decided to make the changes, as part of its periodic review.In Gail's place, Tata Consumer Products will be included in the index from March 31, 2021. Besides, the changes will be effected in Nifty Next50, Nifty500...
- 4 hrs ago
-
Home NBFCs need to plan for an effective IBOR transition: EY India
India's NBFCs need to plan for an effective IBOR (Interbank Offered Rate ) transition, as majority of LIBOR (London Interbank Offered Rate) rates are likely to be phased out by the end of 2021, EY India report said.In financial parlance, LIBOR refers to one of the most common series of benchmark rates referenced by contracts measured in trillions of dollars across global...
- yesterday
-
Economy I-T Dept conducts raids on Pune-based group
Income Tax Department carried out search and seizure operations last week at 34 different locations across Maharashtra on a group based in Pune's Sangamner whose entities are largely engaged in packaging and sale of tobacco and related products, generation and distribution of power, FMCGs sale, and real estate development. During the course of the search operation, hand-written notes and Excel...
- yesterday
-
Economy Telangana aims to make life sciences a $100 billion industry
Buoyed by the tremendous growth in the life sciences industry in Telangana amidst the pandemic over the last one year, the state government has set the vision to growing the sector to $100 billon dollars by 2030."Our dream and vision of growing the life sciences industry to over USD 100 billion looks plausible and we remain committed to it," state's industry minister K....
- yesterday
-
Economy SAT puts SEBI order in abeyance in 63 moons STP Gate case
The Securities Appellate Tribunal (SAT) on Monday reserved its verdict in 63 moons Technologies Limited's challenge to the Securities and Exchange Board of India (SEBI) order disallowing the company from providing Straight Through Processing (STP) Gate Services.The tribunal has kept the SEBI order in abeyance.
- yesterday
Loading...