The consolidated income of the company during April-June increased to Rs 858.49 crore, from Rs 612.56 crore in the year-ago quarter
Total income on a consolidated basis rose to Rs 26,272.24 crore in the said quarter from Rs 24,148.50 crore a year ago
The facility was inspected by the US Food and Drug Administration
Total expenses were at Rs 2,414.29 crore in the latest quarter as against Rs 2,163.32 crore a year ago
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent
High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable
This time, however, investors can expect a relative calm if the volatility gauge is anything to go by
Brokerages expect a better show in FY20
They have diluted their shareholding to meet other funding requirements
The bourse commenced trading in gold and silver contracts last October, to mark its entry into commodity derivatives and become country's first universal stock exchange
The 30-share BSE index fell 8.39 points to finish at 36,068.33 on the final trading session of 2018
Under the non-competitive bidding scheme, eligible investors apply for a certain amount of securities in an auction without mentioning the price or yield
It also affirmed commitment to minimise the troubles for the domestic and international client base as it unwinds the current relationship with the BSE
After Asia's oldest bourse BSE announced snapping of ties with S&P Dow Jones Indices (DJI), the latter said on Wednesday that it is looking at ways of expanding activity and seeking "strategic opportunities" in the country. "India continues to be an important part of S&P DJIs global growth strategy and we will continue to find ways to expand commercial activities in the country, look for strategic opportunities," an official statement said. The company will seek "strategic partners fully committed to providing Indian and global investors with the index-based solutions they need to take part in Indias exciting growth story," it said. It also affirmed commitment to minimise the troubles for the domestic and international client base as it unwinds the current relationship with BSE. The company said it has been working in the country since 1999 through various partnerships. It also listed out milestones since it started working with BSE, including launch of a full ...
Asia's oldest bourse BSE has decided to snap ties with S&P Dow Jones, which manages and operates benchmark Sensex, and plans to develop indices through its own in-house development team, exchange's officials said. The two entities had announced a joint venture -- Asia Index -- in 2013 to provide an array of indices enabling global and domestic investors to participate in South Asia's vibrant economies. The deal with BSE came after the expiry of the licensing arrangement between India Index Services & Products (IISL), a joint venture of NSE and S&P-owned Crisil. The exchange officials said that BSE will not renew its agreement with S&P Dow Jones Indices LLC which expires on December 31, 2018 and it is looking to develop indices through its own team. "Basically, we had done this tie-up five years back, but the joint venture could not do much in terms of expanding in the foreign jurisdiction, the usage of the indexes and all," BSE Managing Director and Chief Executive ...
With this, BSE has become the second largest commodities exchange in India
The BSE will launch the monthly future contract for Oman Oil from Friday, with settlement on the last working day of the next month
The licensing agreement will also allow BSE to use the prices of LME's base metals contracts to price its proposed base metals futures contract, it added
In August this year, markets regulator Sebi had issued circular for streamlining the process of public issue of debt securities
As part of its expansion strategy, BSE has set up a JV with a US-based insurance exchange to start an insurance distribution exchange platform