A commodity derivative product is considered to be 'liquid' on the basis of average daily turnover.
Cross-margining allows traders to transfer excess margin from one account to another account to satisfy margin maintenance requirements to offset positions
From the latest on Nusli Wadia's defamation suit against Ratan Tata to Walmart's firing of top India execs, read all the top headlines here
Brokers say investors yet to buy the pitch of a broader market revival
Steel Authority of India Ltd, Kotak Mahindra Prime Ltd, Manappuram Finance Ltd and JM Financial Products Ltd are the firms
Travel services firm Thomas Cook India on Tuesday said it has entered into a long-term pact with Experience Hub, the trade and promotion arm of Yas Island Abu Dhabi, to drive visits to the destination. The agreement will further engage the India market for the destination in 2020 and beyond through the implementation of initiatives including product development and training-engagement, Thomas Cook India said in a filing to the BSE. "Our Thomas Cook 2020 India market trend analysis reveals high potential for multiple micro-cations and enriching experiences and Yas Island is hence a significant opportunity," Thomas Cook (India) Ltd President & Country Head Holidays, MICE, Visa Rajeev Kale said. In the company's focus to target this growth potential and amplify travel experiences for the customers, it is partnering with Yas Island's Experience Hub to create an exciting one-stop-entertainment destination for its diverse range of Indian travellers, he added. Commenting on the ...
The company will hold a meeting of its committee of directors on Wednesday on this issue
Currently, State Bank of India (SBI) holds 5.19 per cent stake in the exchange
Leading stock exchange BSE on Friday said 10 companies have filed applications with the bourse to list their commercial papers (CPs) for a total issue size of Rs 7,185 crore. Bajaj Finance Ltd, National Fertilizers Ltd, Network18 Media & Investment Ltd, TV18 Broadcast Ltd, Bajaj Housing Finance Ltd, SBI Cards and Payment Services Ltd, Axis Finance Ltd, Aditya Birla Money Ltd, ICICI Home Finance Company Ltd and Standard Chartered Investments and Loans (India) Ltd are the firms that have made applications to list their CPs with the exchange, BSE said in a release. Post process, the effective date of listing of CPs with the exchange will be January 6, it added. "Till date, 59 issuers have done 381 issuances of commercial papers and have successfully listed CPs of Rs 1,28,745 crore on BSE. The weighted average yield of these issuances is 6.09 per cent with an average tenor of 132 days," the exchange added. CP is an unsecured money market instrument issued in the form of promissory ...
In October 2019, the bourse forwarded a report of its preliminary observations of BMA to Sebi and it was observed that the entity prima facie failed to comply with Sebi regulations
Under the pact, an amount of Rs 351.77 crore will be converted into equity shares of JPVL with a face value of Rs 10 each and Rs 280 crore will be written off, JSW Energy said in a BSE filing
The exchange enabled the listing of commercial papers (CPs) and announced framework for them in November 2019
The mock trading on Saturday is scheduled for commodity derivatives, equity derivatives, currency derivatives and equity segments
After the process, the effective date for listing of commercial papers (CPs) with the exchange will be January 1, 2020, it added.
As many as 12 companies have filed applications with the BSE to list their commercial papers on the bourse for a total issue size of Rs 8,215 crore, the exchange said on Monday. The firms that have made applications are SBI Cards and Payment Services Ltd, Birla Group Holdings Pvt Ltd, National Housing Bank, Aditya Birla Capital Ltd, Larsen & Toubro Ltd, SBI Cards and Payment Services Ltd, BASF India Ltd, The Ramco Cements Ltd, Aarti Industries Ltd, HT Media Ltd, GIC Housing Finance Ltd and Himadri Speciality Chemical Ltd. After the process, the effective date for listing of commercial papers (CPs) at the BSE is December 31, the BSE said in a release. "Till date, 50 issuers have done 182 issuances of commercial papers and have successfully listed CPs of Rs 70,210 crore on the BSE. The weighted average yield of these issuances is 6.42 per cent with an average tenor of 161 days," it added. A CP is an unsecured money market instrument issued in the form of promissory notes that ...
The BSE Sensex crossed the historic 40,000-point milestone, while the broader NSE Nifty conquered 'Mount 12k' in 2019, bringing cheer to stock market faithfuls
India had slightly more than 2,400 brokerages as of December 24, down from more than 9,000 in March 2014.
Firm says probe was unanticipated as no prior tax demand notice was received, doesn't foresee adverse outcome; reinstates guidance of 8-10% revenue growth
In contrast, the previous decade (2000-2009) saw double digit nominal returns for stocks and gold while average inflation was at 5.55 per cent
Can India in the 2020s try to reinvent its finance-construction model so that it works for everyone and not just for a few thousand financiers in Mumbai?