Contracts

Data from NSDL shows that FIIs’ gross equity purchases in January stood at $24.93 billion – lowest since October 2023. This also reflects a 42% drop from the 12-month average of $43.06 billion and over 50 percent plunge from its record gross buying in September 2024 of around $52 billion.

Air India’s pilot unions fold in standoff with airline, pilots ‘free to sign new contracts’

The decision to withdraw their stance comes after a vote was held among the members of the two unions where almost 80 percent voted in favour of signing the new wage agreement. The unions will also withdraw the legal notice sent to Air India’s management terming the new employment contract as illegal.

Air India CEO Campbell Wilson says majority of pilots have accepted new contracts

Air India including Air India Express has around 3,000 pilots and close to 6,000 cabin crew on its payroll.

Tata-owned Air India to hold town hall meeting after legal notices by pilot unions over pay structure

The airline’s CEO Campbell Wilson, along with top executives, is expected to attend the town hall meeting on April 25 while Aix Connect, another Tata airline, held a similar meeting on April 22.

Air India pilot bodies urge members to not accept revised pay for crew

According to union sources, Air India has unilaterally changed the condition without consulting the pilots and alleged that they are trying to make all senior pilots executive and thus kill the unions.

Vishnu Prakash R Punglia files draft papers with SEBI for IPO

The IPO of Vishnu Prakash R Punglia consists of a fresh issue of upto 31.20 million shares. Choice Capital Advisors and Pantomath Capital Advisors are the lead managers to the issue

NSE gets Sebi nod to launch WTI crude oil, natural gas futures contracts

The launch date for these contracts will be announced soon, NSE said in a release.

India awards mobility firms $362 million in e-bus contracts

Switch Mobility emerged as the lowest bidder to supply 2,600 electric buses in three states, JBM Auto for 1,781 e-buses in three states, and PMI Electro quoted the lowest figure to supply 2,080 electric buses in two states, the sources said.

Govt changes policy to award railway contracts, now PSUs to compete in open market for tenders

“All such work awarded under the existing scheme for which Letter of Award has not been issued or a Memorandum of Understanding signed or no major contractual obligation undertaken in any form, will also stand cancelled with immediate effect," the Ministry of Railways said in its order.

Blockchain technology to usher in transparency in real estate deals: Report

Blockchain requires mass adoption by the users and a regulation such as mandatory digitisation of real estate assets with a strict deadline like the linkage of Aadhar card with multiple services.

New additions: These 15 stocks will be available for trading on F&O segment from March 31

The National Stock Exchange on Wednesday introduced futures and options (F&O) contracts of 15 individual securities which include Reliance Defence, InterGlobe Aviation, Infibeam, Dalmia Bharat, among others. These will be available for trading from March 31, 2017.

Delhi HC upholds govt decision to cancel JSPL coal block bids

In a setback to Jindal Steel and Power (JSPL), the Delhi High Court has upheld the decision of the government to cancel Jindal Power's bid for the Gare Palma and Tara blocks.

Ganga cleansing: Govt pumps Rs 1,050 cr for sewage treatment

The central government has awarded contacts worth Rs 1,050 crore to develop sewage treatment infrastructure in Patna to curb the contamination of the Ganga river stretch.

Asian Oilfield receives contracts worth Rs 140cr; shares up 10%

The company has received letters of award of two contracts from Oil India for an estimated value of Rs 140 crore for both the contracts.

Defence contracts worth Rs 50,000 cr on the anvil: Parrikar

Defence Minister Manohar Parrikar today said he expects another Rs 50,000-60,000 crore worth of defence contracts to be signed during the remaining quarters of the financial year, taking the total orders to Rs three trillion since he took charge two years ago.

To focus on boosting commodity market risk mechanisms: SEBI

The Securities and Exchange Board of India (SEBI) will focus on strengthening risk management systems for commodity markets, UK Sinha, chief of the market regulator, said today.

Brexit Blow: UK may renegotiate Indian IT contracts

The value of these government contracts, largely in the defence procurement and financial services spaces, is said to have been around 500 million pounds, sources say.

Exchange ready for new products; prices impacting volumes: NCDEX

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.

BSE, NSE to exclude Unitech from F&O segment

However, the existing contracts for May, June and July will continue to be available for trading till their respective expiry and new option strikes will also be introduced in the existing contract months.

Sebi mulls launching new commodity market products

Market regulator Securities and Exchange Board of India (SEBI) is considering launching new products in the commodity markets this year.

Demand pick since Jan‘16 to aid revenue growth in Q4: MOIL

The company has already signed contracts for dispatch of 4 lakh tonnes of ores inspite of increasing prices, said GP Kundargi, MD, MOIL.

Eye 10% net margins from smart city: Om Infraprojects

The first phase of the smart city will commence operations by 2016-17. The Delhi Mumbai Corridor Trust has approved funding for the project.

Nifty futures turns 15; 1.4 bn contracts traded till date

The index, that opened at 1461, has moved nearly 5.5 times in the past 15 years. It has rewarded its investors with 12 percent returns.

China Jan HSBC factory PMI shrinks again, misses estimate

The slack performance, including a 15th month of shrinking factory employment, will add to the debate over how and whether Beijing will accelerate policy easing, with most bank economists calling for a combination of rate cuts and increased liquidity to spur productive investment.

MCX-SX gets SEBI approval to launch fresh contracts

This has paved the way for the exchange to launch all contracts in currency futures, currency options, interest rate futures, equity and index derivatives. The said approval will allow members to take positions in all new contracts.