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Strong outlook to support Cummins India stock

By Khushboo Tiwari Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed ....

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NSE halves lot size for Nifty 50 derivatives contracts

By Khushboo Tiwari The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for trading derivatives contracts for the Nifty 50 index ....

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Sebi likely to relax new disclosure norms around rumour verification

The Securities and Exchange Board of India (Sebi) might relax the disclosure norms around rumour verification to help smooth implementation and ease compliance amid pushback from India Inc, said people in the know.

The rule has been notified following amendments to the Listing Obligations and Disclosure Requirements (LODR) by Sebi.

However, its implementation has been deferred until February. ....

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New mutual fund schemes with performance-based fee on anvil

By Khushboo Tiwari & Abhishek Kumar The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into ....

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PNB case: SAT stays ban on Samir Jain, wife, 6 others

By Khushboo Tiwari The Securities Appellate Tribunal (SAT) has stayed the ban imposed by the Securities and Exchange Board of India (Sebi) on Samir Jain, vice-chairman and managing director of Bennett, Coleman & Co (BCCL), his wife Meera Jain, and six others. BCCL owns news media organisations The Times of India, and The Economic ....

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