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FTIL exits MCX

Aug 28, 2014 at 03:07 | Source: Calcutta Telegraph News

Mumbai, Aug. 27: Jignesh Shah promoted-Financial Technologies India Ltd (FTIL) today exited the Multi-Commodity Exchange of India (MCX) by selling its residual 5 per cent stake for Rs 211 crore. The holding was offloaded in the open market through b...

Reliance Communications, Adani Power to Exit Nifty Midcap 50

Aug 27, 2014 at 06:00 | Source: NDTV Profit

New Delhi: Reliance Communications, Adani Power and Adani Enterprises will be dropped from National Stock Exchange's Nifty Micap 50 index from September 26. In their place, Arvind Ltd, Justdial and L&T Finance Holdings will be include...

Momai Apparels files draft paper for IPO

Aug 26, 2014 at 22:00 | Source: NDTV Profit

Momai Apparels has filed initial papers with National Stock Exchange's SME platform to raise Rs 41 crore through an initial public offer (IPO). This is the biggest IPO filed on Indian SME (small and medium enterprise) exchanges so far. Out of...

Court call clouds coal course Verdict upsets market mood

Aug 26, 2014 at 08:52 | Source: Calcutta Telegraph News

Mumbai, Aug. 25: The Supreme Court’s ruling on coal block allocations sparked a spontaneous sale on the stock markets and dragged down key indices from record levels as investors panicked over the implications of the ruling across various sect...

IT Stocks to be Back in Favour Soon: Emkay

Aug 25, 2014 at 18:00 | Source: NDTV Profit

The IT sub-index of National Stock Exchange has gained nearly 12 per cent this year, under-performing the Nifty which has gained over 25 per cent in the same period. The IT stocks however are likely to be back in favour as the rupee is likely to feel...

Zee Entertainment to Replace United Spirits in Nifty From September 19

Aug 20, 2014 at 22:00 | Source: NDTV Profit

Mumbai: United Spirits will be replaced by Zee Entertainment Enterprises in the National Stock Exchange's benchmark index Nifty from September 19. India Index Services & Products Ltd, an NSE-Crisil joint venture that maintains Nifty i...

Oriental Bank Shares Slump on Rs 180-Crore Fixed-Deposit Scam

Aug 20, 2014 at 16:00 | Source: NDTV Profit

State-run banks have seen a sharp selloff in August after a slew of alleged scams surfaced over the last few weeks. The PSU banking sub-index on the National Stock Exchange is down 8 per cent as compared to a 4 per cent rise in the 50-share Nifty sin...

BSE to Shift 11 Stocks to Restricted Trading Segment

Aug 19, 2014 at 22:00 | Source: NDTV Profit

Mumbai: Bombay Stock Exchange (BSE) has decided to move stocks of 11 firms to the restricted trading segment from next week for their failure to convert mandatory 50 per cent public shareholding into demat format. Besides, National Stock Exchange (NS...

Tata Motors DVR Surges on Index Inclusion Buzz

Aug 18, 2014 at 16:00 | Source: NDTV Profit

Shares in Tata Motors DVR (Differential Voting Rights) jumped nearly 10 per cent to Rs 365.05 on Monday after a newspaper report said that Bombay Stock Exchange and National Stock Exchange of India are considering admitting DVRs on their benchmark&am...

Markets hit fresh life highs; experts say bull run is on; top 20 stock bets

Aug 18, 2014 at 14:02 | Source: Economic Times

MUMBAI: The markets are on a roll, with the Sensex and Nifty making fresh life highs, led by gains in banks, auto and energy counters. The new life high for Sensex is 26302.52; and that for Nifty is 7848.30. The Nifty extended its winning streak for ...

Sun bid to address monopoly concern

Aug 14, 2014 at 04:07 | Source: Calcutta Telegraph News

Mumbai, Aug. 13: Sun Pharma today said it was in discussion with the Competition Commission of India (CCI) to allay apprehensions about the impact of its acquisition of Ranbaxy Laboratories on the domestic pharmaceutical sector. The fair trade watch...

Sensex recovers over 221 points in early trade, realty stocks surge

Aug 11, 2014 at 10:59 | Source: FirstPost

Mumbai: The benchmark BSE Sensex recovered over 221 points in early trade on Monday as realty stocks led the rebound after market regulator SEBI on Sunday approved new norms for setting up and listing of Real Estate and Infrastructure Investment Trus...

BSE, NSE to Shift Scrips to Restricted Segment on Wednesday

Aug 04, 2014 at 23:59 | Source: NDTV Profit

Mumbai: Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will shift securities of several companies including Ramco Systems to the restricted trading segment from Wednesday for ensuring greater investor safety. BSE in a notice said it ha...

BSE, NSE Suspend Share Trading for Non-compliant Companies

Aug 04, 2014 at 23:59 | Source: NDTV Profit

Mumbai: Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Monday ordered share trading suspension for companies found to be non-compliant to listing agreement clauses relating to corporate governance norms and shareholding ......

NSE To Launch New 10-Year Bond Futures On Monday

Jul 31, 2014 at 20:00 | Source: NDTV Profit

National Stock Exchange said it would launch one, two and three-month interest rate futures (IRF) contracts based on the new 10-year 2024 bond starting on Monday. Rival BSE Ltd could also launch IRF contracts on Monday based on the 10-year bond&n...

NSEL Case: Court Reserves Order on Jignesh Shah's Bail Plea

Jul 21, 2014 at 23:54 | Source: NDTV Profit

Mumbai: The Bombay High Court on Monday reserved its order until the nexdt day on the bail plea of Multi Commodity Exchange (MCX) promoter Jignesh Shah arrested in the Rs 5,000-crore National Stock Exchange Ltd (NSEL) scam. Presence of a large&nb...

Sensex takes a hit as worries mount

Jul 12, 2014 at 19:27 | Source: Calcutta Telegraph News

July 11: A routine written reply in Parliament by Nirmala Sitharaman, in her capacity as the junior minister in the finance ministry, on General Anti-Avoidance Rules (GAAR) today spooked the stock market, with the Sensex crashing over 348 points. Si...

Markets Live: After being buoyed by Infosys results Sensex, Nifty fall 1%

Jul 11, 2014 at 13:00 | Source: FirstPost

1:05 pm: Markets hit days lowAfter a strong start to the day both the Sensex and Nifty have slumped around 1 percent. The Sensex was down 282 points at at 25090 while the Nifty down 94 points at 7473. 9:30 am: Markets jump on Infosys resultsAfter thr...

Sensex atop Mount 26K

Jul 09, 2014 at 00:02 | Source: Calcutta Telegraph News

Mumbai, July 7: The BSE Sensex today closed above the 26000-mark for the first time on expectations that finance minister Arun Jaitley would announce growth-oriented measures in the budget on Thursday. Both the Sensex and the Nifty climbed new peaks...

Rush to meet board norms

Jul 09, 2014 at 00:02 | Source: Calcutta Telegraph News

Mumbai, July 7: Corporate India will have to add 10 women directors every day to their boards to comply with a Sebi directive, which states that listed companies must have at least one woman on their board from October. As many as 904 companies, or ...

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