securities

The company's payment includes the broker's settlement payment to Wipro as well as reimbursement of their legal fees.In a filing with the US Securities and Exchange Commission (SEC), Cognizant said the terms of the agreement, "which was made without acknowledgment of liability by either party...

New Delhi: Passive mutual fund schemes cannot invest more than 25 per cent of their net assets in listed securities of the sponsor's group companies, according to new prudential norms notified on Monday by market regulator Sebi for such schemes.Sebi announced new measures to simplify...

New Delhi: Debt-laden Future Group's FMCG arm Future Consumer on Saturday said it has defaulted in payment of Rs 449.04 crore due to bank loans as well as bond holders of the company due June end.The total default till June 30, 2024 includes an amount of Rs 284.81 crore on loan and revolving...

According to data from the Central Depository Service and National Securities Depository, 36 lakh new demat accounts were opened in May. Total demat accounts now exceed 16.2 crore.This is the fourth time that new demat openings have crossed 40 lakh in a single month. Earlier this feat was...

New Delhi [India], Finance Ministry has confirmed the repayment schedule for '8.40 per cent Government Security (GS) 2024', scheduled to mature on July 26, 2024.According to a press release from the Finance Ministry, considering that July 27 and 28 are non-working days, the repayment will be...

Mumbai (Maharashtra) [India], Chief Justice of India DY Chandrachud on Thursday inaugurated the new premises of the Securities Appellate Tribunal (SAT) at Mittal Court in Mumbai and highlighted the importance of the Securities and Exchange Board Securities of India (SEBI) and SAT amid rises in...

Mumbai, Chief Justice of India D Y Chandrachud on Thursday advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant rise in the stock markets and proposed more courts to ensure that the "spine is stable."Inaugurating the new SAT...

New Delhi: Market regulator Sebi on Wednesday reduced the face value of debt securities to Rs 10,000 from the current Rs 1 lakh to encourage participation of retail investors in the corporate bond market.Market participants believe that lower ticket sizes of debt securities may encourage more...

The first lot comprises “7.02 per cent Government Security 2027” for a notified amount of Rs 6,000 crore.The second set of “7.23 per cent Government Security 2039” is worth Rs 12,000 crore, while the third set of “7.30 per cent Government Security 2053” is for a notified amount of Rs 10,000...

New Delhi, Market regulator SEBI has streamlined the norms for passive funds - index funds and exchange traded funds (ETFs) - related to exposure to securities of the sponsor's group companies to provide a level playing field for mutual funds.In a notification on Tuesday, the Securities and...

New Delhi, markets regulator Sebi on Tuesday mandated email as the default mode of submission of 'Consolidated Statement of Account', which provides an account of securities traded by an investor, by depositories and transfer and registration agents. mutual funds (MF-RTA).The new framework...

New Delhi, To boost participation of small investors in the stock market, Sebi on Friday increased the threshold for basic facility demat account to Rs 10 lakh from the current Rs 2 lakh.The new guidelines will come into effect from September 1, the Securities and Exchange Board of India...

New Delhi, The government's total gross liabilities increased to Rs 171.78 lakh crore at the end of March 2024 from Rs 166.14 lakh crore at the end of December, the Finance Ministry said.This represented a quarter-on-quarter increase of 3.4 percent in the fourth quarter of 2023-24, according...

Mumbai, Markets regulator Sebi on Thursday decided to simplify the process of public issuance of debt securities to provide faster access to funds for such issuers.Under this, the Sebi board has decided to reduce the period for inviting public comments on the draft offer documents from 7...

New Delhi: Shares of IIFL Securities fell over 10 per cent on Thursday amid reports of Sebi investigating Sanjeev Bhasin, who is associated with the brokerage house as a consultant on contract basis, for his role in alleged stock manipulation.The stock closed 10.22 per cent lower at Rs 205.10...

New Delhi and India government bonds or securities (G-secs) would be included in JP Morgan's emerging markets bond index from Friday, a move that will reduce the cost of borrowing for the government.IGB's inclusion will be staggered over a 10-month period from June 28, 2024 to March 31, 2025...

New Delhi, ESOPs granted by foreign companies to employees of their Indian subsidiary at prevailing market value will not attract GST, the CBIC said.However, employee stock option (ESOP)/employee stock purchase plan (ESPP)/restricted stock unit (RSU) provided by a foreign company to its...

New Delhi: Capital markets regulator Sebi on Wednesday relaxed the framework of 'trading plans' for corporate insiders, who are perpetually in possession of unpublished price-sensitive information.According to the standard, 'Trading Plans' (TP) allow persons such as senior management or key...

New Delhi, Amid reports of Sanjeev Bhasin being investigated by Sebi for his role in alleged stock manipulation, IIFL Securities on Wednesday said he was associated with the brokerage house as an advisor on contract basis.Bhasin is a well-known face on various business news channels and...

New Delhi [India], The strength of the Indian stock market is expected to continue in the future as ICICI Securities Ltd. believes that Nifty will reach the level of 25200 in December 2024.Adding to its long-term projections, ICICI arm said in its June report that the Nifty index is on track...