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Sebi raps Edelweiss Broking for not reporting suspicious activity

The matter is related to dematerialisation and sale of shares in dormant accounts using forged documents by certain entities between 2008 and 2013

Proposal to remove non-F&O stock from Nifty Next 50 index put on hold

If the number of index constituents is less than 50, stocks from the Nifty MidCap 50 Index will be considered

Govt appoints SBI MD Janakiraman as RBI deputy governor with 3-year tenure

First SBI MD to helm for the post in more than 20 years

Sebi bans IIFL Securities from onboarding new clients for two years

Brokerage was mixing clients' funds with proprietary funds, says Sebi order

Expenditure on social sector: Turning social safety nets into trampolines

A look back at welfare spending is the first step to understanding Covid impact absorption and darning holes, if any, in the welfare fabric

Reports of missing Rs 500 notes based on erroneous information, says RBI

"The RBI emphasizes that these reports are not correct," the regulator said in a press release

Tamil Nadu woos fintech firms; hopes to raise Rs 12,000 cr for Fintech City

State allots 56 acres for project, aims to create 80,000 jobs

Wall Street job cuts likely to surpass 11K as CEOs unwind hiring binge

Only this week, Citigroup announced its plans to cull 5,000 jobs, mostly in investment banking and trading, by the end of the second quarter

IKIO Lighting makes strong debut on bourses, rises 40% on listing day

The initial public offering of IKIO Lighting was subscribed to 66.3 times

Axis Bank appoints former RBI deputy guv Vishwanathan as non-exec chairman

Vishwanathan joined RBI in 1981 and retired in March 2020 as a Deputy Governor where he handled portfolios including regulation

Google programme to train and support Indian local news publishers

Initiative will support small or medium-sized news organisations in 9 languages

Equitas SFB gets RBI approval to re-appoint Vasudevan as MD, CEO

Reappointment effective from July 23, 2023, lender told BSE

Kotak Mahindra Bank gets Rs 5,400 crore deposits in Rs 2,000 banknotes

The bank floated 'ActivMoney' feature for saving and current accounts and started the incorporation of Kotak Karma Foundation

Examine if business models aligned with risk appetite: RBI's M K Jain

He also said that the supervisors need to examine IT issues holistically to determine whether banks have the capacity to develop robust IT systems that align with their business strategies

Markets dip as US Federal Reserve signals more interest rate hikes

US central banks pauses rate increase but signals two more hikes later this year

India's first micro-cap fund launched; to track Nifty Microcap 250 Index

The stocks in Nifty Microcap 250 Index are generally those that rank between 501 to 750 in the m-cap rankings

Ashok Leyland, Aidrivers to make autonomous truck model for port operations

Companies says first such electric platform in country will help port industry in zero emission

BSE offloads 4.54% stake in CDSL at discount for regulatory compliance

Exchanges allowed to hold only 15% in depositories; BSE held nearly 20% in CDSL at the end of March qtr

Cyclone Biparjoy: 50,000 shifted to shelters in Guj, heavy rains lash Kutch

Indian Army, Navy and Border Security Force (BSF) have also joined rescue and relief operations

Everest Fleet raises $20 mn to build capacity in Uber-led funding round

Firm operates in shared mobility space, is a partner to top ridesharing companies such as Uber and Ola, plans to add 10,000 EVs to existing fleet