Wipro bonus issue: Wipro bonus issue: The board will consider bonus issue in a board meeting from October 16 to October 17
Leading stock exchange BSE on Thursday acknowledged Ratan Tata's lasting influence on the nation's business landscape, saying "India has lost a pioneer, but not his legacy." In his condolence message on the death of Tata, BSE highlighted the industrialist's unparalleled contribution to Indian industry, noting that his visionary leadership continues to serve as an inspiration. "His enduring legacy will continue to guide the country in building a future grounded in unity and vision," BSE said in a statement. The exchange expressed deep sorrow at the passing of Tata, one of India's most iconic business leaders. Tata, former chairman of Tata Sons, was widely respected for transforming the Tata Group into a global powerhouse. "His influence will forever be a source of inspiration for BSE, as we work towards a thriving and inclusive marketplace," the statement noted. Tata (86) passed away late Wednesday evening in Mumbai due to age related medical conditions.
SBI warns telecom firm MTNL that payment failure would result in a penal interest rate being applied to the outstanding balance
R&D spend grows 152% in 5 years to Rs 63,072 crore in FY24
The new rules followed a spurt in retail investors trading options, which the regulator and the government viewed as a risk to household finances
Bombay Stock Exchange Brokers' Forum (BBF) on Wednesday said it has appointed Anup Gupta as the chairman, succeeding Kishor Kansagra. The appointment has been effected from September 30, the Forum said in a statement. Gupta, who is a director of Sykes & Ray Equities (I) Ltd, brings extensive financial expertise, including M&A, corporate finance, and derivatives. The Forum represents over 650 securities broking firms in India and actively contributes to regulatory policy. It also engages globally through affiliations with international financial bodies and focuses on professional development and investor education.
L&T DES will implement these Energy Management Systems across Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana
Quality stocks hold up, but what about the rest?
Retail investors' listing day gains could vanish if market sentiment turns, causing losses
NSE revised the charges for the cash market to Rs 2.97 per side per lakh of traded value
Other market infrastructure institutions have also revised their charges as per the Sebi mandate
The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday. The expansion will be carried out at the NSE's existing building at Exchange Plaza, Bandra Kurla. The decision is based on member feedback and aimed at enhancing ease of operations and increasing the availability of racks for trading members. Currently, NSE offers 1,400 racks to members, and the planned expansion will boost this capacity to over 4,000 racks within the next three years. Further expansions will be made available as per additional requirements, they added. Co-location facility allows stock brokers to place their servers at a stock exchange in consideration of a fee, giving them access to price data a fraction of second before other participants. NSE, which is the largest stock exchange globally in terms of orders and tra
Engineering and construction giant Larsen & Toubro has acquired 12.5 million equity shares in not-for-profit company Indian Foundation for Quality Management
Company's issue had garnered bids over Rs 10,000 cr; participants approached Sebi alleging irregularities
Interestingly, NSE's unlisted share price has increased by almost three times in the past three years, with its current price ranging from Rs 6,000 to Rs 6,200 per share
The outlook for Indian equities market in FY25 appears promising, supported by various factors such as economic recovery, stable government, increased focus on reforms, and rise foreign investments.
The Bajaj Housing Finance IPO became India’s most subscribed ever, with total bids reaching Rs 3.24 trillion.
IFSCA's July nod opens the route for derivatives on the 30-share index: Sources
As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception
The NSE Nifty 50 and the S&P BSE Sensex both rose about 0.6% to hit all-time highs, before trimming some gains to settle up 0.4% at record closing levels