Govt to raise 22,000 cr by selling stake in Axis Bank, ITC; deal to be completed by second week of May
Shares of ITC and Axis Bank declined on Wednesday after news reports that the central government is looking to sell stake in these companies.
Following the FATF notice, some fund managers knocked on SEBI's door overnight, raising concerns over validity of FPI registration done through the tax haven.
NSDL reverses electronic signature service a day of discontinuing it; Fintech players still want clarity on Aadhaar based eKYC
The moves comes as a relief but the fintech industry says clarity needed on Aadhaar-based eKYC
eSign allowed customers to be onboarded remotely and digitally by NBFCs and digital stockbrokers.
The Securities Appellate Tribunal (SAT) has asked the NSE to take a decision by Friday in the matter of suspension of trading licence of Karvy Stock Broking Ltd
The Securities Appellate Tribunal (SAT) on Tuesday suspended the further transfer of investors securities that Karvy Stock Broking Ltd had pledged with lenders
Markets regulator SEBI's prompt action against Karvy Stock Broking Ltd (KSBL) has resulted in nearly 83,000 investors getting back their securities, which were illegally transferred by the broker to its own account and were even pledged without any authorisation
Indian stock gains to be limited in 2020 as fiscal stimulus, easy monetary policy fail to revive economy: Poll
The BSE Sensex index was forecast to rise another 6.7 percent to 43,645 by end of next year from Monday’s close of 40,889.
Karvy Stock Broking refutes claims it has defaulted on Rs 2,000 cr loans; says owes around Rs 50 cr to clients: Report
Karvy Broking has been given 21 days time from the date of receiving the order to file its objections or responses, if any
HDFC's digital journey chronicled; Scribe Tamal Bandopadyay writes about how largest private sector lender embraced digital changes
A Nike ad with the tagline ‘Make yourself’ gave HDFC's Aditya Puri the idea for ‘loans against securities’
For the full fiscal, Union Bank reported a net loss at Rs 2,948 crore as against Rs 5,247 crore in FY2018.
RBI appoints Sudha Balakrishnan as its first chief financial officer; will serve 3-year term, says report
Balakrishnan, a chartered accountant, was until recently a vice-president at the NSDL, India’s first and largest depository.
The Indian stock markets during the upcoming week are expected to take directions from domestic macroeconomic data points slated to be released from 12 March onwards
Keep in mind, your refund is given to you as per the 'Refund Banker Scheme'.
Thomson Reuters offering will be an added service on NSDL e-Gov’s existing GST Suvidha Provider portal
The NPS scheme is a good one, but the POP staff clearly need more training to handle exits; the exit process should be made single-window so that the subscriber knows what is going on and knows whom to check with; and last, the annuity products clearly need to be beefed up.
Sebi has initiated attachment proceedings against eight entities to recover dues of more than Rs 62 lakh in cases related to violation of securities market regulations.
There is scope for CIO - IT secretary level collaboration. However, joining of hands between the public and private sector has its pros and cons