By Syndicated Content
May 14, 2021 | 1:37 AM
BENGALURU (Reuters) â The National Stock Exchange of India is suing the countryâs market regulator to get access to 60 billion rupees ($816.77 million) of its revenue deposited into a separate account for over four years, the Economic Times reported https://economictimes.indiatimes.com/markets/stocks/news/nse-approaches-sat-to-access-over-6000-cr/articleshow/82619623.cms on Friday, citing people with knowledge of the matter.
In September 2016, the Securities and Exchange Board of India (SEBI) had asked the NSE to deposit revenue generated from offering co-location services into a separate account and had barred it from using those funds, the report said.
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Fine on Gujarat CM s Co. for alleged manipulative trades another tale of âna khaoonga, na khane doongaâ, says Rahul Gandhi
Fine on Gujarat CM s Co. for alleged manipulative trades another tale of âna khaoonga, na khane doongaâ, says Rahul Gandhi
The Congress On Thursday Demanded The Removal Of Gujarat Chief Minister Vijay Rupani Over The Securities And Exchange Board Of India (SEBI) Slapping Fine On His Firm For Alleged Manipulative Share Trade. PTI | Updated on: 10 Nov 2017, 01:15:16 AM
New Delhi:
The Congress on Thursday demanded the removal of Gujarat Chief Minister Vijay Rupani over the Securities and Exchange Board of India (SEBI) slapping fine on his firm for alleged manipulative share trade.
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NEW DELHI: As India faces the worst wrath of a deadly second wave of the Covid-19 pandemic and markets turn volatile due to various localized curbs and restrictions, investors are rushing towards safe heavens like pharma, FMCG and IT stocks to avoid wealth erosion.
Pharma smallcap
Morepen Laboratories has been thumping rock and roll over the past few weeks; it delivered multibagger returns for last financial year, and has already delivered over 125 per cent return for this financial year so far, up from Rs 32 on April 1. It has so far risen 365 per cent from its 52-week low hit on May 22 last year. The stock has also hit a 19-year high in the process.
India’s Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2021. REUTERS/Anushree Fadnavis
In India’s 2021 budget, Finance Minister Nirmala Sitharaman proposed merging the four acts that presently govern capital markets and securities, namely the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Depositories Act, 1996 (Depositories Act), Securities Contracts (Regulation) Act, 1956 (SCRA) and Government Securities Act, 2007 (Government Securities Act), to form a single securities markets code.
WHY IS THERE A NEED FOR A CONSOLIDATED CODE?