A meeting chaired by SEBI Chairperson Madhabi Puri Buch, including representatives from market infrastructure institutions (MIIs), algo providers and stock brokers took place to discuss various issues around algorithmic trading.
In case of failure to transfer the proceeds within the specified period, the AMC would be liable to pay interest to the unitholders for the period of such delay. Get more Markets News and Business News on Zee Business.
On Feb. 8, the Indian supreme court will hear the US e-commerce giant's petition against a halt on an arbitration case around the $3.3 billion Future Group-Reliance deal.
As per a statement released by the regulator on February 25, that it will also address any institutional deficiencies that may have been behind the outage at NSE