Nsdl

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Nsdl - Total results - 18
Govt to raise 22,000 cr by selling stake in Axis Bank, ITC; deal to be completed by second week of May
Business

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.

Overseas investors from Mauritius eligible for FPI registration with enhanced monitoring, says SEBI
Business

Overseas investors from Mauritius eligible for FPI registration with enhanced monitoring, says SEBI

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.

National Securities Depository press pause on e-sign services for some companies
News & Analysis

National Securities Depository press pause on e-sign services for some companies

eSign allowed customers to be onboarded remotely and digitally by NBFCs and digital stockbrokers.

Karvy case: SAT asks NSE to decide on revoking stock broker firm's license by 6 December
Business

Karvy case: SAT asks NSE to decide on revoking stock broker firm's license by 6 December

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

Karvy Stock Broking case: SAT suspends further transfer of clients' securities pledged with lenders
Business

Karvy Stock Broking case: SAT suspends further transfer of clients' securities pledged with lenders

The Securities Appellate Tribunal (SAT) on Tuesday suspended the further transfer of investors securities that Karvy Stock Broking Ltd had pledged with lenders

Big relief in Karvy case: 90% investors get back their securities on prompt SEBI action
Business

Big relief in Karvy case: 90% investors get back their securities on prompt SEBI action

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
Business

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
Business

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
Business

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’

Union Bank's net loss widens to Rs 3,370 cr in Q4 on higher provisioning; 'worst is over,' says CEO
Business

Union Bank's net loss widens to Rs 3,370 cr in Q4 on higher provisioning; 'worst is over,' says CEO

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
Business

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.

Equity markets to take cues from macroeconomic data from 12 March, global developments this week
Business

Equity markets to take cues from macroeconomic data from 12 March, global developments this week

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

Income tax refund: Here are four easy steps to check the status in less than five minutes
Business

Income tax refund: Here are four easy steps to check the status in less than five minutes

Keep in mind, your refund is given to you as per the 'Refund Banker Scheme'.

Thomson Reuters inks pact with NSDL e-Governance to offer joint GST solution
Business

Thomson Reuters inks pact with NSDL e-Governance to offer joint GST solution

Thomson Reuters offering will be an added service on NSDL e-Gov’s existing GST Suvidha Provider portal

Lengthy process, clueless staff: Why withdrawal from National Pension Scheme is a pain for retirees
Business

Lengthy process, clueless staff: Why withdrawal from National Pension Scheme is a pain for retirees

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 issues attachment orders against 8 entities to recover over Rs 62 lk
Business

Sebi issues attachment orders against 8 entities to recover over Rs 62 lk

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.

CIOs' Take On CIO - IT Secretary Collaboration
Biztech

CIOs' Take On CIO - IT Secretary Collaboration

There is scope for CIO - IT secretary level collaboration. However, joining of hands between the public and private sector has its pros and cons