Securities

Tata Teleservices Maharashtra plans to raise Rs 20,000 cr through debt instruments

The parent firm of the company- Tata Teleservices (TTSL) has dues of around Rs 10,000 crore pending to be paid to the telecom department.

Nifty regains 11,000-level as crude oil slides; PSU banks, metals, energy, pharma stocks rally

The overnight steep fall in crude oil prices lifted stocks and sentiment bolstered after a report of finance ministry is likely to infuse about Rs 10,000 crore within a few days in some state-owned lenders

IT spending in Indian banking sector to see 11.7% jump to hit $9.1 bn as banks turn to contactless payments

As part of their increased IT spending, top banks in India are investing heavily into contactless payment

Indian Banks To Spend Rs. 462 Bn On IT In 2014

Gartner says IT spending for Indian banking and securities firms to grow 9.8% in 2014 largely due to continued bank's expansion strategy.

IT Spending For Indian Banking & Securities Firms To Grow 13% In 2013

Indian banking and securities companies will spend around 417 billion rupees on IT products and services in 2013, finds Gartner.

Omnesys Technologies Ties Up With Rithmic

Users of Omnesys trading platform can now get access to global exchanges.

Polaris Acquires SaaS Software Company IndigoTX

The GO TX System allows brokers the luxury of a single platform that provides trading in multiple instruments and integrates front, middle and back-office functions.

With Demat account in tow, Tirupati's Balaji is now the God of Dalal Street too

India's richest shrine Tirumala (Tirupati) Balaji temple has opened a Demat account for donations from devotees in the form of shares and securities.

JPMorgan's $5 bln settlement on mortgage securities doesn't end its woes

JPMorgan still faces heavy financial burdens. The bank has set aside $23 billion to cover legal costs - and it may need it all.<br /><br />

US regulator sues UBS, Morgan Stanley, 7 others over faulty securities

A US regulator filed lawsuits against Morgan Stanley and eight other banks over the sale of nearly $2.4 billion in mortgage-backed securities to two credit unions that later failed, according to a filing.<br /><br />