Page 10 - Trading

Infosys fines independent director Bobby Parikh for inadvertent trade

Infosys has imposed a penalty of Rs 2 lakh on its independent director Bobby Parikh for an inadvertent trade by the portfolio management services of his spouse Bela Parikh.Bela -- a joint holder of the account -- had bought 2,754 shares during the open trading window period without the knowledge of Bobby and without obtaining pre-clearance of trade, the IT major said in regulatory filings at stock exchanges late on Friday."Mr Parikh has confirmed that he was not in possession of any unpublished price sensitive information. The audit committee of the company was notified of this matter," it added.Based on Bobby Parikh's submission, the audit committee has concluded that this was an inadvertent trade made without intent to violate the company's insider trading policy or the SEBI's Prohibition of Insider Trading Regulations, 2015 (PIT Regulations)," the filing said."However, the audit committee has determined that there was a violation of the company's policy and PIT Regulations and has .

ABN Amro exits trade, commodity financing after losses, to cut 800 jobs

The restructuring will affect around 45 per cent of client loans, worth 18 billion euros ($21 billion) and follows several failed attempts to increase the profitability of the corporate bank

Trade in Mumbai goes into lockdown as Uddhav govt shuts offices, shops

On Friday, most shops were shut and the narrow streets empty.

BJP fulfils poll promise: Soon, national trader's welfare board under DPIIT

The Board was a key poll promise of the BJP and will improve access to funds, cut down on compliance burden.

Top stock calls by Religare Broking: Buy Dabur, Aurobindo Pharma

Here are the weekly stock recommendations by Religare Broking

Top trading ideas by CapitalVia Global Research: Buy Adani Green, Thermax

Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor

BSE suspends trading of JK Pharmachem and 7 others on investors' complaint

About 106 complaints were resolved in June, including pending complaints of the earlier period. Of these, 100 were against active companies and six were against now suspended companies, the data show

Trading on greed and fear

Greed and fear, though not directly quantifiable, can be translated into measures of volatility. And this can be a useful trading tool.

World's biggest trading bloc a step closer to reality after Tokyo meeting

Major obstacles include India's requirement that any agreement to reduce tariffs on goods and services should allow for free movement of people