The least the market regulator can do is impose the ‘Disgorgement of unlawful profit’ order on such offenders, which would mean collecting the unlawful profits
Mumbai Electricity Failure: The official Twitter handle of BEST Electric Supply, Mumbai - BEST Electricity- said that the electric supply was interrupted due to TATA's incoming electric supply failure.
The regulator also said that each investment activities constitute an independent violation and as such there are six instances of violations and accordingly a penalty of Rs 6 crore has been imposed on NSE.
Post approval, the company''s parent Vedanta Resources (VRL) and its subsidiaries issued a public announcement with regard to the delisting offer.
"This milestone achieved is the culmination of efforts put in by all stakeholders such as Ministry of Finance (GOI), Ministry of Labour & Employment (GoI), SEBI, EPFO, ETF issuers, investors, trading members, etc.," NSE said in the release.
Norwest Venture Partners VII-A Mauritius sold 11,900,000 shares of Sadbhav Infrastructure Project at an average price of Rs 15.01 per share in a bulk deal on BSE.
In order to generate confidence among the traders, dealers and other participants in terms of quality, NSE has put in place a robust risk management, auditing, testing methodology and other norms, Mohanty added.
The draft Power Market Regulations 2020 issued by the Central Electricity Regulatory Commission (CERC) has mooted a concept called 'market coupling', which means a uniform market clearing price for buyers and sellers in all exchanges operating in an area.
Thanks to the Indian penchant for red tape, GIFT City barely features among the top financial hubs in the country.
T-bills and SDLs are both part of the government securities group and have been widely accepted as a safer investment choice. T-bills are issued by the central government whereas SDLs are issued by state governments.
The board of Adani Power had approved the proposal to delist company shares from stock exchanges last month.
There was no trading in the two ETFs during the day and fresh trade in both ETFs will resume on Monday.
The National Stock Exchange (NSE) was hit by a trading glitch on June 4 as prices in the option segment of Bank Nifty were not reflecting or updating on terminals linked to the country’s largest bourse.
The IPO will see sale of 1.22 crore equity shares through offer-for-sale by Great Terrain Investment, NSE Investments, Acsys Investments, HDFC and HDB Employees Welfare Trust, as per the draft papers filed with SEBI.
NSE had earlier decided that no transaction charges will be levied on the transactions done in commodity derivatives segment of the exchange up to June 30,2020.
The introduction of NRS for BIS – Standard Gold- will facilitate greater participation from the domestic market players in the exchange traded deliverable bullion commodity derivatives by widening the scope of acceptable bullion commodity for delivery on the platform, the National Stock Exchange (NSE) said.
NSE data shows shares being bought for huge premiums since June 30. On Thursday, investors borrowed 95,99,987 shares worth Rs 5.9 crore
Trading members were required to submit the compliance certificate for execution of orders on a quarterly basis to the exchange confirming the status of compliance with the requirements relating to limit setting at the time of order placement.
The interim order came on an appeal by Axis Bank against a direction by the NSE to release certain securities.
In a regulatory filing, the company said it will seek shareholders nod for delisting on BSE and NSE through a postal ballot.
Option segment prices are not reflecting or updating on the terminals linked to the country’s largest bourse.
The National Stock Exchange may have to share the details and the status of the co-location server case in the draft red herring prospectus.
In general, SEBI has made Indian markets far safer today and aligned them to global standards.
The margin call for risk-takers can shoot up to 20-25 percent. Meanwhile hedged strategies will become cheaper by 50-70 percent
For equity market traders, the agriculture index fund is the simplest way to play the impact of the monsoon