• After RBI, Sebi & IRDAI launch initiatives to boost startups 20 May 2019 22:26 BENGALURU/ CHENNAI: Financial sector regulators are all taking initiatives to encourage startups in their segments by making data and systems available to them. The RBI had last month announced a regulatory sandbox where startups could test out new …
  • Sebi sets rules for start-ups on IGP to migrate to main platform 20 May 2019 22:01 The Securities and Exchange Board of India (Sebi) on Monday came out with a discussion paper highlighting proposals for allowing a start-up listed on the Innovators Growth Platform (IGP) to trade under the regular category of the main board. According to …
  • 66 stocks hit 52-week highs on BSE 20 May 2019 19:35 Of the total scrips traded, 1,998 advanced, 631 declined and 184 remained unchanged. Tracking significant gains in the markets on Monday, as many as 66 stocks touched their 52-week high levels on the BSE. Some of the stocks that touched 52-week highs …
  • Sebi comes out with Innovation Sandbox framework for fintech solutions 20 May 2019 15:34 New Delhi, May 20 () Sebi Monday came out with a framework for Innovation Sandbox that will help provide financial technology firms and unregulated market participants an environment to test their new solutions with markets data. The framework can be …
  • Sebi proposes norms for shifting firms on IGP to regular trade category 20 May 2019 15:34 New Delhi, May 20 () Markets regulator Sebi on Monday released draft norms for allowing companies listed on innovators growth platform (IGP) to trade under regular category of the main board. A company should be listed for a minimum period of one year on …
  • Sebi issues proposals for startups on IGP to migrate to main platform 20 May 2019 15:19 Mumbai: The Securities and Exchange Board of India has floated a consultation paper on norms for startups listed on Innovators Growth Platform (IGP), to trade under regular category of main board of stock exchanges. The regulator proposed that the …
  • Stocks, rupee rally as exit polls point to NDA victory 20 May 2019 14:32 Mumbai, May 20 () Indian equities Monday posted their biggest single-day gains in over six years, the rupee saw its best day in two months and government bond prices surged after exit polls predicted a clear mandate for the Narendra Modi-led NDA in the Lok …
  • Sebi proposes innovation sandbox for fintech companies 20 May 2019 13:29 Mumbai: The Securities and Exchange Board of India (Sebi) on Monday proposed a framework on “Innovation Sandbox” – a testing environment where fintech firms can experiment innovations in a closed environment. Sebi feels that fintech firms should have …
  • 66 stocks hit 52-week highs on BSE, 151 others hit 1-yr lows 20 May 2019 13:10 New Delhi, May 20 () Tracking significant gains in the markets on Monday, as many as 66 stocks touched their 52-week high levels on the BSE. Some of the stocks that touched 52-week highs include Bajaj Finance, DCB Bank, Federal Bank, HDFC Bank, ICICI Bank, …
  • Market rides exit polls euphoria; Sensex soars 1,422 pts 20 May 2019 13:10 Mumbai, May 20 () Riding a wave of optimism, the Sensex Monday vaulted 1,422 points to close at a record 39,352.67 as investors cheered the exit polls predicting a clear mandate for the Narendra Modi-led NDA in the Lok Sabha elections. The NSE Nifty surged …
  • Sebi imposes Rs 60 lakh fine on 9 entities for fraudulent trading practices 20 May 2019 12:17
  • Sensex rallies 1,422 pts as exit polls predict NDA win 20 May 2019 11:31 Top gainers in the Sensex pack include SBI, IndusInd Bank, Tata Motors, L&T, Yes Bank, HDFC, M&M, Maruti, ONGC, RIL, ICICI Bank and Axis Bank, rising up to 8.64 per cent. The broader NSE Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25. …
  • Sensex vaults 1,422 points as exit polls forecast ruling NDA's win 20 May 2019 11:06 In a similar movement, the broader NSE Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25. Mumbai: Benchmark Sensex zoomed over 1,422 points and the NSE Nifty surged 421 points on Monday after most exit polls showed that the Narendra Modi-led NDA …
  • Sebi slaps Rs 1 crore fine on En Aromatic & Petro Chemicals  20 May 2019 10:51 By PTI NEW DELHI: Markets regulator Sebi levied a fine of Rs 1 crore on En Aromatic & Petro Chemicals Ltd for indulging in illegal fund raising and failing to comply with the public issue norms. The regulator during its investigation found that the …
  • Sensex zooms past 39k, rallies over 1,300 pts 20 May 2019 09:27 MUMBAI: Domestic benchmark indices extended their rally on Monday with the BSE sensex climbing 1,300 points, while Nifty touched 11,800 mark as investors cheered exit poll results that showed a likely win for the ruling NDA in the general elections. The 30 …
  • Sensex climbs 1,300 points; Nifty touches 11,800 20 May 2019 09:09 Mumbai, May 20 () Domestic benchmark indices extended their rally Monday with the BSE Sensex climbing 1,300 points, while Nifty touched 11,800 mark as investors cheered exit poll results that showed a likely win for the ruling NDA in the general elections. …
  • Leaving the UAE for Good? Here's How You Can Transfer Your Funds 20 May 2019 08:13 Q: I want to know what I should do with funds lying in my bank account in Dubai when I return to India after retirement later this year. I also have deposits in a foreign currency non-resident account. Do I need to convert everything to Indian rupees or …
  • Sensex zooms past 39,000 mark, rallies over 1,100 points 20 May 2019 08:02 MUMBAI: The benchmark BSE sensex zoomed past the 39,000 mark, rallying over 1,100 points, in afternoon trade on Monday as investors cheered exit poll results that showed the ruling NDA is likely to win the general elections. The 30-share index was trading …
  • 40 stocks hit 52-week highs on BSE; 87 others hit 1-year lows 20 May 2019 06:36 MUMBAI: Tracking significant gains in the broader market on Monday, as many as 40 stocks touched their 52-week high levels on BSE. Some of the stocks that touched 52-week highs include Bajaj Finance, DCB Bank, Federal Bank, HDFC Bank, ICICI Bank, SRF, …
  • UG Vice Chancellor resisted past efforts to scrutinise spending – Ram 20 May 2019 06:05 May 20, 2019 News 0   The Administration of the University of Guyana has fought hard against efforts to scrutinise its spending habits, in the past. This is according to Accountant and Attorney-at-law Christopher Ram, who had served as the Chairman of UG’s …
  • Exit poll results pushes rupee up to 18.94... 20 May 2019 05:56 The Sensex advanced over 980 points during the early trade. Domestic financial markets on Monday cheered exit poll results that showed the ruling NDA is likely to win the general elections, with the benchmark BSE Sensex skyrocketing over 900 points, and …
  • Post exit polls, Sensex zooms by over 900 points 20 May 2019 05:20 Top gainers in the Sensex pack include Maruti, L&T, SBI, ICICI Bank, RIL, M&M, IndusInd Bank, Axis Bank, Yes Bank and Vedanta, rising up to 4 per cent. NSE Nifty was trading 203.05 points, or 1.78 per cent, up at 11,610.20. Illustration: Uttam …
  • New Sebi rule make accountants more accountable 20 May 2019 05:20 Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries. Shrimi Choudhary reports. Photograph: Shailesh Andrade/Reuters The Securities and Exchange Board of India…
  • Many companies face a tricky situation on exec bonuses as new norms kick in 20 May 2019 03:15 Top executives of listed companies face challenges over bonuses thanks to new disclosure norms implemented by the Securities and Exchange Board of India (Sebi). The new rules make minority shareholder approval mandatory for all bonuses paid to top …
  • Stocks in the news: Tata Motors, Reliance Capital, Cipla, Fortis Healthcare and Bharti Airtel 20 May 2019 03:05 Nifty futures on the Singapore Exchange were trading 249 points, or 2.18 per cent, higher at 11,683.50, indicating a gap-up start for the Nifty50. Here are a few stocks which may buzz the most in today's trade: Tata Motors, BPCL, HPCL: Tata Motors, …
  • 4 mistakes that can hurt your retirement planning 20 May 2019 02:50 Retirement planning is not just about how much one needs to save for retirement and where it should be invested. Mistakes in dealing with other related areas can in fact derail otherwise careful retirement planning. Here are four mistakes that you should …
  • How to transfer funds from... 19 May 2019 15:18 Q: I want to know what I should do with funds lying in my bank account in Dubai when I return to India after retirement later this year. I also have deposits in a foreign currency non-resident account. Do I need to convert everything to Indian rupees or …
  • CBDT allows AMCs to directly manage offshore funds out of India 19 May 2019 13:58 Asset management companies (AMCs) can now graduate from being mere ‘advisors’ to offshore funds to becoming a direct, “full fledged manager” of such funds out of India. This comes after the Central Board of Direct Taxes (CBDT) removed a taxation related …
  • Eurovision Song Contest 2019: The results 19 May 2019 13:47 It was a very successful night for the Netherlands' as it was their very own Duncan Laurence who was crowned the winner of the Eurovision Song Contest 2019 . The Dutch singer has been a consistent favourite with the bookies to be crowned champion at …
  • Eurovision results reveal Ireland finished last 19 May 2019 13:23 0 Comments Eurovision results reveal Ireland finished last Independent.ie The Netherlands were celebrating after winning the 2019 Eurovision Song Contest while it was another disappointing competition for Ireland. https://www.independent.ie/ …
  • Sebi sets rules for start-ups on IGP to migrate to main platform 20 May 2019 22:01 The Securities and Exchange Board of India (Sebi) on Monday came out with a discussion paper highlighting proposals for allowing a start-up listed on the Innovators Growth Platform (IGP) to trade under the regular category of the main board. According to …
  • JSW Steel to consider raising funds through QIP 20 May 2019 17:22 Mumbai : JSW Steel would be considering raising long term funds by way of a qualified institutional placement (QIP) at its board meeting scheduled to be held on May 24, the company informed the stock exchange on Monday. The company's board is meeting …
  • Sebi issues proposals for startups on IGP to migrate to main platform 20 May 2019 15:19 Mumbai: The Securities and Exchange Board of India has floated a consultation paper on norms for startups listed on Innovators Growth Platform (IGP), to trade under regular category of main board of stock exchanges. The regulator proposed that the …
  • L&T buys 73,953 shares of Mindtree, hikes shareholding to 26.53% 20 May 2019 14:32 New Delhi, May 20 () Infrastructure major Larsen and Toubro (L&T) on Monday acquired 73,953 shares of Mindtree from open market, taking its shareholding in the IT services firm to 26.53 per cent, according to a regulatory filing. "Larsen and …
  • Sebi proposes innovation sandbox for fintech companies 20 May 2019 13:29 Mumbai: The Securities and Exchange Board of India (Sebi) on Monday proposed a framework on “Innovation Sandbox” – a testing environment where fintech firms can experiment innovations in a closed environment. Sebi feels that fintech firms should have …
  • Leaving the UAE for Good? Here's How You Can Transfer Your Funds 20 May 2019 08:13 Q: I want to know what I should do with funds lying in my bank account in Dubai when I return to India after retirement later this year. I also have deposits in a foreign currency non-resident account. Do I need to convert everything to Indian rupees or …
  • New Sebi rule make accountants more accountable 20 May 2019 05:20 Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries. Shrimi Choudhary reports. Photograph: Shailesh Andrade/Reuters The Securities and Exchange Board of India…
  • Many companies face a tricky situation on exec bonuses as new norms kick in 20 May 2019 03:15 Top executives of listed companies face challenges over bonuses thanks to new disclosure norms implemented by the Securities and Exchange Board of India (Sebi). The new rules make minority shareholder approval mandatory for all bonuses paid to top …
  • Stocks in the news: Tata Motors, Reliance Capital, Cipla, Fortis Healthcare and Bharti Airtel 20 May 2019 03:05 Nifty futures on the Singapore Exchange were trading 249 points, or 2.18 per cent, higher at 11,683.50, indicating a gap-up start for the Nifty50. Here are a few stocks which may buzz the most in today's trade: Tata Motors, BPCL, HPCL: Tata Motors, …
  • ICICI-Videocon loan case: Kochhar contests bonus clawback, ESOP termination 19 May 2019 20:53 ICICI Bank former managing director (MD) and chief executive officer (CEO) Chanda Kochhar has sent a legal letter to the private lender, objecting to the way her resignation was treated as termination, refusing to give back the money she got as bonuses and …
  • How to transfer funds from... 19 May 2019 15:18 Q: I want to know what I should do with funds lying in my bank account in Dubai when I return to India after retirement later this year. I also have deposits in a foreign currency non-resident account. Do I need to convert everything to Indian rupees or …
  • Investors should grasp audit reports better: Jamil Khatri of BSR & Co 19 May 2019 12:56 Over the past couple of years, the role of an auditor has been under constant scrutiny. More is expected of auditors today than has ever been in the past, says Jamil Khatri, head of audit at BSR & Co. He tells BusinessLine how auditors are trying to …
  • Kerala's masala bonds could be one-off offering after the tax rebate window 18 May 2019 17:56 The state-owned Kerala Infrastructure Investment Fund Board’s (KIIFB) rupee-denominated masala bonds could be a one-off offering for now as it was issued after the tax rebate window closed in March. KIIFB had registered for issuance before the March 31 …
  • Reliance Capital to raise 18 May 2019 17:48 New Delhi: Cash-strapped Reliance Capital Saturday said it expects to raise ₹10,000 crore by selling assets and cut down its debt by about 50% in the current fiscal. The company has been working diligently to ensure timely debt repayments and is regular in …
  • Reliance Capital to raise Rs 10,000 cr in current fiscal by selling assets 18 May 2019 17:34 New Delhi, May 18 () Cash-strapped Reliance Capital Saturday said it expects to raise Rs 10,000 crore by selling assets and cut down its debt by about 50 per cent in the current fiscal. The company has been working diligently to ensure timely debt …