The National Stock Exchange in a board meeting today named IDFC chief Vikram Limaye as the next CEO & MD. The decision will now be sent to the Securities and Exchange Board of India (SEBI) and NSE AGM for clearance.
The year 2016 has been proved out to be a spectacular period for SME Capital Market. Indian SME Bourses witnessed remarkable activities in terms of filling of draft offer documents as well as number of listings. The year has witnessed several developments in this format of alternative capital markets.
National Stock Exchange (NSE) is likely to start the interview process this week for the Managing Director and CEO post, for which eight to ten candidates are in serious contention.
Speaking to CNBC-TV18 Mrugank Paranjpe, MD, MCX said that he believes the final contours for options trading from SEBI might come in 2 weeks.
Speaking to CNBC-TV18 Sanjaya Gupta, MD of PNB Housing Finance said that he expects the market size in the housing finance sector to get re-defined next year.
In an interview to Business Standard, National Stock Exchange (NSE) Chairman Ashok Chawla said there may be marginal delay in the initial public offering (IPO) of NSE after the exit of CEO and Managing Director Chitra Ramkrishna. The IPO was likely to be filed sometime in January.
Hugh Young, MD, Aberdeen Asset Management Asia is of the view that demonetisation is a big reform in a country like India where things usually move slowly.
Speaking to CNBC-TV18 Satpal Arora, MD of Tourism Finance Corp said they have made provisions for Rs 20 crore.
Mahindra and Mahindra today revamped its top deck by elevating Pawan Goenka as managing director while redesignating Anand Mahindra as executive chairman.
The government's decision to scrap 500 and 1000 rupee notes has been received well throughout the country, barring some political parties of course. However, the move has also taken the country by surprise.
First Half of F.Y. 2016-17 has been proved out to be a whopping period for SME Capital Markets. In 6 months, Indian SME Bourses witnessed remarkable activities in terms of filling as well as no. of IPOs.
The Reserve Bank of India on Tuesday released the minutes of the first monetary policy committee (MPC) meet.
Garments have been our core industry and we are the best at what we do, said Rubana Huq, MD, Mohammadi Group.
Even as financial market professionals keep themselves busy predicting -- often without success -- how stock prices will behave in the future, Nilesh Shah, MD of Kotak Mahindra Asset Management Company, says retail investors have a simpler recourse to investing: systematic investment plans.
Gayatri Projects bagged a highway contract worth Rs 1255 crore in JV with Russian company PTPS. The Indian company is the majority partner; and the Russian company is into construction.
Over the long-term the combination of liquidity and improving fundamentals has made the Indian equity, as an asset class look better and bette,said KR Bharat, MD, Advent Advisors.
If you want to do active stock picking, here's how you should do it, says Nilesh Shah, MD of Kotak AMC.
IPOs over the recent past have done a good job of bringing new ideas to the market, Navin Agarwal, MD, Motilal Oswal Financial Services.
The Indian Government’s initiative of ‘Housing for All by 2022’ is a positive one, but if it has to become a reality, there is a ...
Making a bull case, Deven Choksey, MD , KR Choksey Investment Managers advices subscribing to the IPO because according to him it is a good combination of valuation and growth.
Sachit Jain, MD, Vardhman Textiles said job creation biggest requirement of the country, and textile and apparel is the industry that has the ability to create maximum number of jobs.
With starting of production in new capacities by the fourth quarter of FY17, he expects to a revenue growth in FY18, said Dinesh Nolkha, MD, Nitin Spinners.
Talking about the drop in volumes of agricultural contracts, Samir Shah, MD, NCDEX said that is mainly because of the rise in prices of food commodities.
Prabhat Dairy has also started the Ghar Jaisa Dahi campaign in Mumbai and Pune with a heavy focus on its curd based value added products. The company is targeting around 15000 outlets in the two cities.
The new regime, however, won't affect the margins of State Bank of India, says its MD Rajnish Kumar, adding they (margins) would be protected through efficient asset liability management.