Page 4 - Stock Exchange

Nasdaq resolves glitch that impacted trading; downtime lasted around 2 hrs

The Nasdaq is home to thousands of stocks, including those of iPhone maker Apple, electric vehicle-maker Tesla and semiconductor powerhouse Nvidia

NSE's social exchange listings swell to 5; FM Sitharaman hails fundraise

The market regulator last year reduced the minimum application size from Rs 2 lakh to Rs 10,000 and cut the minimum issue size from Rs 1 crore to Rs 50 lakh

Not aware of promoter stake sale: Sterling & Wilson Renewable Energy

There would not be any material impact of this news article on the operations of the company, the company said

Reliance Capital to be delisted from stock exchanges, shares drop 4.46%

RCL said that the National Company Law Tribunal in its approved resolution plan for the company is contemplating delisting of existing equity shares from the exchanges

IPO corner: Rashi subscribed 60 times and Jana SFB booked 18 times

The company is a leading distributor of global brands in the computing and communication space

Pakistan Election 2024 Results: Pakistani stocks plunge amid tight race

PSE's benchmark KSE-100 index fell 1,700 points in early morning trade on Friday amid delays in the declaration of results and political uncertainty

BSE Q3FY24 results: Net profit more than doubles to Rs 108.2 crore

The bourse's revenue surged to Rs 431.5 crore in the third quarter of FY24 from Rs 245 crore reported a year ago

Dollar hovers near seven-week high as Fed cut expectations shift to May

The dollar has been buoyed by U.S. economic data suggesting the Fed can wait longer before cutting interest rates

Saturday blues: Exchanges see 30% drop in trading volumes, shows data

Market players said muted participation from institutional investors weighed on the activity, with several counters logging muted volumes

India ETF flows hit record in 2023, analysts see momentum persisting

Investors are looking at India to diversify their emerging markets portfolio amid worries about economic growth in China and Sino-US tensions, analysts said

Rs 7,000 crore deals: Tata Consumer acquires Capital Foods, Organic India

The company said Smith & Jones is a fast-growing brand catering to in-home cooking of Italian and other Western cuisines

Sebi outlines rules for NPOs' 'zero coupon zero principal' public issuance

Capital markets regulator Sebi on Thursday came out with a procedure for public issuance of 'zero coupon zero principle' instruments by not-for-profit organisations (NPOs) and listing of such instruments on the Social Stock Exchange (SSE). Under this, the SSE will have to specify the details to be incorporated in the fundraising document. In 2022, the government declared "zero coupon zero principal instruments" as securities. In a circular, Sebi said that an NPO, through the lead manager, is required to file the draft fundraising document with the SSE and an application seeking in-principle approval for listing the instrument on the SSE. The SSE will provide its observation on the draft fundraising document to the NPO within 30 days from the filing of the papers or receipt of clarification, if any, sought by the exchange from the NPO, whichever is later. NPO will incorporate the observations of the SSE in a draft document and file the final papers to the SSE prior to opening the .

Emcure Pharmaceuticals refiles IPO papers to Sebi, trims issue size

The company had first submitted draft papers for its IPO in August 2021

Social stock exchange sees first listing with Unnati Foundation 1st entity

Platform to opens new financing avenue for social enterprises

Exchanges slap fresh restrictions on stocks of small and medium enterprises

To safeguard the interest of investors, many brokers prohibit trading or purchase of shares of companies placed under GSM

KIOCL requests stock exchanges to waive penalties of about Rs 17 lakh

State-owned KIOCL on Thursday requested stock exchanges BSE, NSE and MSE to waive about Rs 17 lakh fine imposed on the company for non-compliance with norms related to appointment of independent directors. The fine levied by exchanges has no impact on the financial, operation or other activities of the company, KIOCL said in a BSE filing. The non-compliance with norms on the composition of the board was neither due to any negligence/default by the company nor within the control of KIOCL's management, and continuous efforts were made to meet the compliance requirements. "NSE, BSE and Metropolitan Stock Exchange of India (MSE) have levied fine of Rs 5,42,800 each (incl GST) for the non-compliance with regulation-17(1) i.e., half of the board was not independent, for the quarter ended September 30, 2023," KIOCL said. It further said the company is a government-owned entity where President of India has the power to appoint directors (including independent director) on the board. All .

Explained: How South Korea's ban on short-selling may impact India

Move could delay transition to DM, which when happens is expected to boost India's weighting in MSCI indices

WeWork Inc's bankruptcy filing will not impact India biz: CEO Virwani

Co-working space provider WeWork Inc. wishes to move forward with filing a bankruptcy sometime in the next week, as reported by The Wall Street Journal

Tata Sons to infuse Rs 2,000 crore in loss-making subsidiary Tata Tele

For the first half of the ongoing financial year, the company reported a loss of Rs 672 crore on total income of Rs 1,046 crore, according to filings with the stock exchanges

Paytm's Vijay Shekhar Sharma launches AIF with target corpus of Rs 30 crore

The fund, which has been approved by the Securities and Exchange Board of India (SEBI), would see Sharma along with other external investors as contributors to the fund