Mukesh Ambani's Reliance Industries is the most valuable company for the fourth consecutive year
The IPO-bound NSE's valuation jumped 201 per cent in 2024 to Rs 4.7 lakh crore, a report said on Tuesday. The largest India equity bourse, which is reported to have restarted its listing process by applying for a no-objection from markets regulator Sebi, is already the 10th-most valuable private company in the country, as per the 2024 Burgundy Private Hurun India 500 list of listed as well as unlisted companies. The valuation was pegged at Rs 3.12 lakh crore, as per a September 2024 report. Another media report said the company, which also runs the world's largest derivatives exchange, aims to sell 10 per cent of holding in the IPO. The overall revenues jumped 28 per cent to Rs 16,352 crore in FY24, and the post-tax profit surged 51 per cent to Rs 8,306 crore. The stock bourse had moved on the listing plans after getting some clarity on allegations of not allowing equitable access to its members. Hurun said it has travelled across the country and spoken with industry experts, ...
NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.
India's market capitalization had surpassed ₹400 trillion for the first time on April 10 and peaked at ₹477.93 trillion on September 29
Amid controversy over YouTuber Ranveer Allahabadia’s remark on parental intimacy, Mumbai Police visited his Versova residence.
BSE cites higher clearing and settlement charges as one of the factors weighing down its net profit
NSE Clearing Ltd, the clearing house of the National Stock Exchange (NSE), has failed to meet the capital markets regulator Sebi's mandated liquidity requirements, citing the non-payment of dues by rival BSE as the primary reason for the shortfall. In its December 2024 quarterly results, NSE Clearing, the exchange's unit responsible for clearing and settling its trades, reported a shortfall of Rs 176.65 crore in its minimum liquid assets. The company informed Sebi in a letter dated January 9 that this deficit was primarily due to the non-receipt of Rs 312.37 crore in dues from BSE. An NSE Clearing spokesperson said its auditors flagged the outstanding payment issue in their third-quarter financial review. The outstanding amount pertains to "interoperability arrangements", the official said. "The company is yet to receive outstanding dues of over Rs 300 crore from BSE Ltd. NSE Clearing is communicating with BSE on this matter," the spokesperson added. The Securities and Exchange B
December marked the first calendar month since the introduction of new rules, including one weekly expiry per exchange and higher extreme loss margins
The sale is valued at Rs 230 crore, with an additional earn-out of Rs 75 crore linked to FY25 performance
NSE's chief executive and managing director Ashish Chauhan on Saturday welcomed tax proposals in the Union budget, saying it will help increase flows into the markets. The proposal of nil tax on incomes up to Rs 12.75 lakh per annum for salaried professionals will also help consumption, the chief of the country's largest stock bourse said. "The much-expected tax relief is given to the taxpayer up to Rs 12.75 lakh per annum for a salaried person does not have to pay even a rupee as tax. I think that is a very welcome move, which will help consumption and also investment increase into markets," Chauhan told PTI. He added that as consumption increases, the profitability of companies will also increase. The NSE chief also welcomed the fiscal management proposals presented by Finance Minister Nirmala Sitharaman in the budget. He said the budget aims to give a fillip to growth by committing higher investments with a 10 per cent growth in the capital expenditure. The proposals for refor
Stock markets in India are typically closed on weekends. Will this Saturday, Budget Day, be an exception? Read on to find out
The longest losing streak was from September 1994 to April 1995, during which it fell by 31 per cent over eight consecutive months
Spun-off unit to open 200 hotels in five years
Union Budget 2025: Both NSE and BSE have announced that they will remain open to trade on the budget day, which falls on a Saturday this year
Q3FY25 company results, January 27: Coal India, Bajaj Housing Finance, Canara Bank, and ACC will release their reports for the Oct-Dec 2024 quarter
Stocks to Buy: Zensar Technologies share price has been consolidating over the past few months but has relatively outperformed the market during this period
In Asian markets, Seoul, Shanghai, and Hong Kong ended higher, while Tokyo closed in the red.
Bourse, nine others had paid Rs 643 crore as settlement amount in connection with alleged irregularities in the Trading Access Point (TAP) architecture
Stock Market Today, Jan 24: The stock markets today will eye Q3 results of 81 domestic companies, Flash manufacturing PMI, IPOs, FII selling, and Budget news
The National Stock Exchange (NSE) on Wednesday said its unique registered investors have crossed the 11 crore mark, with the latest 1 crore addition taking place in just five months, reflecting investor participation in the stock market through direct means. Investor registrations at the NSE have experienced a remarkable acceleration in recent times, with a 3.6 times jump in the last five years. It took 14 years since the NSE's commencement of operations in 1994 to reach 1 crore investors. The pace then quickened, with the next 1 crore registrations taking about seven years, followed by another 3.5 years for the next crore and the subsequent milestone of adding the fourth crore took just over a year. "The rate of growth has since quickened significantly, with each additional 1 crore investors being added in roughly 6-7 months, while the last 1 crore investors were added in just over five months, reflecting a shift in investor enthusiasm and participation in the stock market through