Exchanges

Global 20-year return data shows that almost every listed stock exchange has outperformed its benchmark index, underscoring the long-term strength of the exchange business model.

Trading halts: Exchanges pay fines, traders pay the price

Trading halts cost Indian exchanges crores in penalties, yet the traders who actually lost money remain empty-handed

Public Interest Directors at MIIs are ‘custodians of trust’, must maintain stability: Sebi’s Tuhin Kanta Pandey

Sebi chairman called upon PIDs of market infrastructure institutions to act as “custodians of trust” and to place public interest at the heart of every decision.

Central electricity regulator's nod to market coupling could lower power prices in spot market

Implentation of market coupling would mean there will be only one price for electricity traded through the exchanges at any point of time.

Electricity prices in spot market fell 26% in June as early monsoon lowered demand

India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.

SEBI proposes that stock exchanges do online monitoring of system audit of stock brokers

The market regulator floated a consultation paper on this on December 3.

SEBI amends rules for exchanges, clearing corporations and stock brokers

The amendments will allow more contribution for the settlement fund and easier participation in bond market

Binge buying in NSE shares bumps up average price beyond Rs 3,000 in June

The strong appetite for NSE shares is not surprising. For the past three years, the NSE has been the largest exchange in the world in terms of the number of F&O contracts traded and enjoys a monopoly in the space in India

L&T Finance Holdings merger process expected to be completed in FY24: MD & CEO Dinanath Dubhashi

The number of entities within L&T Finance Holdings have come down from 16 in FY17 to nine in FY22. There are now only two lending entities, L&T Finance Limited and L&T Infra Credit Limited, Dubhashi said.

Santander to block UK transfers to crypto exchanges in 2023

At an unspecified point during 2023, the bank will introduce a block on all real-time payments to cryptocurrency exchanges made via telephone banking and in-branch payments, as well as online and mobile banking.

SEBI tightens norms to curb misuse of related party deals

In a move to promote greater transparency , SEBI has also sought enhanced and timely disclosures of RPTs to audit committees , shareholders and the exchanges.

SEBI:Penalising exchanges for glitches is fine, but who will compensate the traders

Traders suffer the most when institutions don’t function properly, but compensating them finds no mention in Sebi’s clampdown on glitches at market infrastructure institutions

GIFT City one step closer to becoming a global finance hub

The exchange will come into the limelight if it handles a few high-profile IPOs

The unintended consequence of SEBI rules is an increase in dabba trading

While regulators around the world are welcoming retail investors, SEBI is doing the opposite on the pretext of protecting them

Ajay Tyagi’s report card has more hits than misses, except for some recent decisions

Keeping the markets functioning smoothly during the lockdown period will go down as one of his biggest achievements

EXCLUSIVE: SEBI's new plan to tackle financial fraud is to start auditing companies

To safeguard the interests of users of such financial statements, it wants to detect financial manipulation at the nascent stage

SEBI likely to implement 'tap issue of bonds' mechanism in FY20

SEBI held a meeting with stock exchanges and intermediaries to enable the mechanism of public issuance of debt through shelf offer document.

Budget 2018: Easing pressure on banks, FM directs companies to bond market

SEBI has already started work on the front and has set up a separate department to roll out this measure, which was part of the 2016 HR Khan committee report, on the fast track.

China central bank to keep up spot checks on bitcoin exchanges

The People's Bank of China (PBOC) this month launched spot checks on BTCC, Huobi and OkCoin, to identify a range of possible rule violations, as the government steps up efforts to stem capital outflows and relieve pressure on the yuan currency.

GAIL gains 3% on fund raising plans

The Board will consider a bonus issuance in its Board meeting on January 25; the company will also consider raising funds by issuing bonds on a private placement basis.

Listing will lead to better corp governance: New India Assurance

State-owned general insurer New India Assurance which is the largest general insurer has received a cabinet nod for listing on the exchanges. G Srinivasan, CMD, New India Assurance talks to M Saraswathy about their plans.

ING sells 2.5% stake in Kotak Mahindra Bank for Rs 3,653 crore

ING Mauritius Investments, the investment arm of the Dutch bank, sold a total of 4.67 crore shares, representing Kotak Mahindra Bank's 2.5 per cent stake, according to bulk deal data available with the stock exchanges.

Future Retail to list on exchanges today

Under scheme of arrangement, the company was divided into Future Enterprise (back end) and Bharti Retail (front end).

HP gets Rs 640 cr from Centre for skill development project

Centre has approved Rs 640 crore as funds to Himachal Pradesh (HP) for upgradation of its skill development project in the state for next five years, Chief Minister Virbhadra Singh said here on Tuesday.

RBI asks banks to advise argi-borrowers to hedge risks

The advice comes amidst rising threats of an El Nino incident impacting the monsoons for the second successive year this year.