Sebi notifies new ‘fit and proper’ criteria for exchanges, clearing corpsSebi notifies new ‘fit and proper’ criteria for exchanges, clearing corps

Capital markets regulator Sebi has tweaked its framework regarding ‘fit and proper’ criteria for stock exchanges and other market infrastructure institutions, whereby any direction passed against such institutions will not affect their operations.The new rules are aimed at separating the role of an individual from such institutions.In two separate notifications, the Securities and Exchange Board […]

Investment-tech platform, Grip secures OBPP licence under new regulatory frameworkInvestment-tech platform, Grip secures OBPP licence under new regulatory framework

Multi-asset alternative investment platform, Grip has obtained the Online Bond Platform Provider (OBPP) licence under the new regulatory framework established by the Securities and Exchange Board of India (SEBI). The company is now a Stock Broker in the Debt segment with the National Stock Exchange (NSE). SEBI introduced the OBPP regulations in November 2022 with […]

FII, DII data: FPIs sold shares worth Rs 1862 cr, DIIs bought shares worth Rs 1532 cr on October 12, ThursdayFII, DII data: FPIs sold shares worth Rs 1862 cr, DIIs bought shares worth Rs 1532 cr on October 12, Thursday

Foreign institutional investors (FII) offloaded shares worth net Rs 1,862.57 crore, while domestic institutional investors (DII) added shares worth net Rs 1,532.08 crore on October 12, 2023, according to the provisional data available on the NSE. For the month till October 12 2023, FIIs sold shares worth net Rs 10,929.65 crore while DIIs bought shares […]

New York City’s ‘apocalyptic haze’ sends alarm bell ringing! See orange-hued picsNew York City’s ‘apocalyptic haze’ sends alarm bell ringing! See orange-hued pics

1/7 Smoke and haze has engulfed North America cities due to the untimely summer wildfires in eastern Canada. A dozen of wildfires in canada still remain out of control which is why Quebec has ordered more evacuations. The air quality in Ottawa, which neighbors Quebec, has been classified in category 10+, the worst level on […]

Share Market Highlights: Nifty settles above 19350, Sensex up 250 pts; IT, metal stocks lead the pack, Trident jumps 11%Share Market Highlights: Nifty settles above 19350, Sensex up 250 pts; IT, metal stocks lead the pack, Trident jumps 11%

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmarks NSE Nifty 50 and BSE Sensex broke their two-day slide on Monday. Sensex rose by 0.41% to 65,216.09, and Nifty 50 increased by 83 points, settling nearly at 19,400 at 19,393.6. In the broader markets, Nifty Next 50 jumped 0.8% while the smallcap […]

Nifty to top 19,600 or slip in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to top 19,600 or slip in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded 0.05% lower during Wednesday’s early trading session at 19,660, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Indian equity indices NSE Nifty 50 and BSE Sensex closed in the green on Tuesday, extending the two-day gaining streak. Nifty 50 ended at 19,574.90, adding 0.24% while Sensex rose […]

PB Fintech: On 30% growth trajectory; the company’s shift to online insurance assistance continuesPB Fintech: On 30% growth trajectory; the company’s shift to online insurance assistance continues

In our recent meeting with Policy Bazaar Fintech’s (PB Fintech) management, the key focus was on their commitment to maintaining both quality and productivity. The company expressed confidence in achieving its growth targets while noting that there have been no significant shifts in the competitive landscape. The Paisabazaar and POSP segments are showing promising signs […]

Colourful coronation of King Charles III, powerful presentation of majestic monarchy | See in PhotosColourful coronation of King Charles III, powerful presentation of majestic monarchy | See in Photos

1/10 Britain’s King Charles III and Camilla, the Queen Consort, are driven past the Cenotaph on Whitehall ahead of the coronation ceremony for Britain’s King Charles III in London, Saturday. (Photo: AP) 2/10 The Diamond Jubilee State Coach, accompanied by the Sovereign’s Escort of the Household Cavalry, travels along The Mall in the King’s Procession […]