Record numbers on both exchanges
Markets regulator Sebi on Monday extended its automated trading window closure mechanism to include immediate relatives of designated persons (DPs) in listed companies, ahead of the declaration of financial results. This move aims to prevent inadvertent non-compliance with insider trading norms by ensuring that those who may have access to unpublished price-sensitive information (UPSI) such as quarterly results are prohibited from trading during specific periods. Earlier, the restriction applied only to DPs. Now, Sebi has extended the scope to cover their immediate relatives as well, according to its circular. As per Sebi's definition, an immediate relative includes a spouse, and also a parent, sibling, or child (of the person or the spouse), provided they are financially dependent or consult the person in decisions related to trading in securities. This move follows a system already in place for DPs, which uses PAN-based trading freeze. To ensure a smooth rollout, the implementa
In comparison, the company posted a PAT of Rs 541 crore in the year-ago period, the fund house said in a regulatory filing to the stock exchanges
The concluding part of the Booms and Busts series looks at the share market rally ahead of Independence, and its eventual decline
As the country's oldest stock exchange, the BSE, completes 150 years, Business Standard looks at lesser-known events from the pages of India's stock-market history
According to the latest directive, the September 2022 circular will now specify that the minimum investment size for ZCZP instruments will be Rs 1,000
The regulator said there is a line-up of more than Rs 5 crore worth of ZCZP issuances
Chai Point, the popular tea cafe chain that sells close to a million cups of high-quality, freshly brewed tea every day, is looking to go public and list on stock exchange by mid-2026, its co-founder Tarun Khanna said. Chai Point made a special mark during the Kumbh Mela in Prayagraj, selling one lakh cups of tea a day at the peak from its limited-edition outlets. Conceived in 2009 when Khanna, a professor in Harvard University, was sipping a hot cup of tea at a cafe in Mumbai with his student Amuleek Singh Bijral. "On the roadside, there was a young boy selling tea in plastic cups to customers. Such 'chotus', as they are called, serve tea to millions in not-so-good plastic cups and not in the most hygienic conditions. A thought occurred as to why can't we bring authentic, flavourful, and high-quality tea to the masses in the most hygenic ways at an affordable price and at the same time also provide employment to the chotus," he said. That was the germinating point of Chai Point wh
While the BSE's is renewing its focus on lifting cash volumes, bourses globally are gearing up to boost derivatives trading amid rising volatility
The stake sale, which will occur in two tranches, is estimated to fetch the Adani group approximately $2.2 billion (Rs 18,824 crore) upon completion
Firms owned by Groww, Zerodha among investors
The financial details were not disclosed in the filing. Additionally, UFO Moviez also sold 2,40,000 share warrants of Mukta V N Films
Sebi highlighted that these platforms operate in violation of the Securities Contracts (Regulation) Act, 1956, and the Sebi Act, 1992, which are designed to protect investors' interests
Swedish PE firm invests $6 bn in 18 months; sells stake worth $2.4 bn
The weekly contracts of Sensex will expiry on Tuesday of every week instead of Fridays, the BSE said
Regulator proposes measures to diversify ownership, other reforms
The changes will be effective November 29, first additions in the last 2.5 years
Issues draft circular for recognising digital platforms for associations with registered entities
The investment firm settles alleged violation of whistleblower norms through consent
Markets regulator Sebi on Tuesday issued guidelines on the parameters for the performance evaluation of market infrastructure institutions (MIIs), comprising stock exchanges, clearing corporations and depositories by independent external agencies. The guidelines are aimed at ensuring consistency and uniformity for evaluations to be done by independent external agencies. For performance evaluation criteria, Sebi said the evaluation will be based on seven key criteria - technology resilience (40 per cent), investor education (17 per cent), regulatory compliance (15 per cent), governance practices (8 per cent) and 5 per cent each for adequacy of resources and fair access and treatment to all stakeholders and information disclosure. MIIs are required to appoint independent external agencies to evaluate their performance every three years. The agencies need to have relevant expertise in the securities market and must receive a "No Objection Certificate" (NOC) from Sebi, the regulator sai