Page 7 - Stock Exchanges

Promoters of Vedanta raises $1.4 billion to retire debt, says report

The notes in both cases will be partly secured by shares in Mumbai-listed unit Vedanta Ltd.

Exchanges put the onus on clearing members to report peak margins

Shortages in reporting shall be considered as shortfall of margin collection and a penalty will be levied on the clearing member of the custodian participant

Grasim Industries to sell fertiliser biz to Indorama Corp for Rs 2,649 cr

It's a slump sale and a major value-unlocking exercise for Grasim, allowing it to pursue growth opportunities in its core businesses

RBI lifts all curbs on Equitas Small Finance Bank a week after its IPO

The RBI also froze the salary of the SFB's managing director and CEO. This has now been restored at the then existing level.

Sebi plan to introduce capital adequacy norms rattles stockbrokers

Traders contend norms are stringent, no need for them when regulator has already reduced brokers' dependency on client securities and margin

Exchanges bare fangs as first-stop regulators, nix Prabhat Dairy delisting

Sebi order directing the company to set aside Rs 1,292 crore throws light on key steps taken by both BSE and NSE, which led to a forensic audit at the company

Govt won't mandate secondary listing for firms joining foreign mkts: Report

India is close to drawing up rules for companies to float overseas without having to first list shares at home, as a way to help startups attain higher valuations and access capital more easily

Sebi asks listed companies to disclose forensic audit info to exchanges

In order to address the gaps in availability of information, markets regulator Sebi has asked listed companies to make disclosures about initiation of forensic audit to stock exchanges

Tokyo Stock Exchange suspends day's trade after worst-ever system glitch

Share trading across Japan was suspended as smaller regional bourses in Nagoya, Fukuoka and Sapporo all use the TSE's system, leaving derivative-focused Osaka Exchange as the only market still running

Investors richer by Rs 3.52 trillion as markets make strong comeback

Equity market investors became richer by Rs 3,52,020.53 crore on Friday as benchmark indices made a strong comeback after falling for almost a week. Snapping its six-day falling streak, the BSE benchmark index jumped 835.06 points or 2.28 per cent to close at 37,388.66. Following the broad-based recovery, the market capitalisation of BSE-listed firms zoomed Rs 3,52,020.53 crore to Rs 1,52,28,237.75 crore on Friday. "After a brutal selling in the previous session, markets made a comeback and posted a strong rally of 2.3 per cent, recovering most of the last session's losses. Value buying emerged across the counters," Choice Broking Executive Director Sumeet Bagadia said. The benchmark had plunged 1,114.82 points or 2.96 per cent to close at 36,553.60 on Thursday. All the constituents of the Sensex ended in the green, with Bajaj Finserv, HCL Tech, Bharti Airtel, IndusInd Bank, L&T, TCS, ICICI Bank and ONGC rising up to 6.64 per cent. In the broader market, the BSE midcap and ...

Route Mobile IPO subscribed more than four times on day before its close

Route Mobile IPO comprises fresh fund raising worth Rs 240 crore and the remaining is a secondary share sale by promoters

Brokerages likely to tap into clients' appetite for overseas trading

At least three major brokerages are looking at making such offerings available to their clients

Why does EU care about London Stock Exchange's acquisition of Refinitiv?

LSE is now a central node in global and, importantly, European capital markets

Exchanges see mixed earnings in June quarter despite robust trading volumes

Uptick in gold, silver prices help recovery in commodity volumes

US regulators consider rules that may trigger Chinese firms' delisting

The issue of Chinese stock listings has attracted the attention of President Donald Trump, who has ratcheted up his attacks on China over the coronavirus pandemic

Sebi comes out with guidelines on order-to-trade ratio for algo trades

The regulator has directed stock exchanges to introduce tighter rules to bring down the so-called order-to-trade ratio

Covid-19 lockdowns: California eases pandemic restrictions, NYSE reopens

While lifting the ban on services at places of worship, the California governor limited the number of people who can gather at one time to 25 percent of a building's capacity

Stock exchanges turn to Centre, state govts to fund SME share sales

The plea comes at a time when coronavirus pandemic has crippled business activity, with SMEs being the worst-hit

Coronavirus outbreak: Stock exchanges activate disaster recovery sites

The move is in line with the Securities and Exchange Board of India's (Sebi's) guidelines on business continuity plan (BCP) and disaster recovery

YES Bank fiasco: Mutual funds to approach Sebi on 3-year lock-in

Nifty, Bank Nifty funds will have to sell stock after index exclusion