In a landmark move, SEBI has proposed a draft framework to allow retail investors to participate in algorithmic trading (algo trading). The initiative, open for public feedback until 3 January 2025, seeks to create an inclusive and accountable trading ecosystem. Decoding the Proposal SEBI’s draft circular highlights measures to ensure market integrity while extending algo …
The Securities and Exchange Board of India (SEBI) has introduced several significant changes to the Listing Obligations and Disclosure Requirements (LODR) regulations. These changes cover critical areas such as related party transactions (RPTs), promoter reclassification, secretarial audits, and ease-of-doing-business measures. The amendments are designed to improve transparency, simplify compliance, and enhance corporate governance in listed …
On December 13, 2024, the BSE Sensex ended in green closing at 82,133.12, up by 1.04% and NSE Nifty50 closed at 24,768.30, rising by 219.60 points or 0.89%. Sectoral Performance On Friday, Nifty Metal, Nifty Midsmall Healthcare and Nifty Media ended in the red. Nifty FMCG and Nifty Consumer Durables ended in the green. Nifty FMCG rose …
Pilani Investment and Industries Corporation Ltd has taken a significant step in its corporate journey by applying to the Reserve Bank of India (RBI) for conversion from a Non-Banking Financial Company (NBFC) to a Core Investment Company (CIC). This move aligns with its strategic objectives and adherence to RBI regulations governing financial entities. What Is …
Mutual fund investors can now cancel their Systematic Investment Plans (SIPs) faster, as the Securities and Exchange Board of India (SEBI) has reduced the processing time to two working days. This updated guideline, effective from December 1, 2024, replaces the earlier timeline of 10 working days. Key Changes in SIP Cancellation Uniform T+2 Timeline: All …
The Provident Fund (PF) is a government-mandated savings initiative aimed at offering financial security and retirement benefits to employees. It functions as a long-term savings tool and is widely adopted in various countries, including India, under specific regulations. Withdrawals from the Provident Fund at ATMs Starting in January 2025, individuals will be able to withdraw …
On December 12, 2024, the BSE Sensex ended in red closing at 81,289.96, down by 0.29% and NSE Nifty50 closed at 24,548.70, dropping by 93.10 points or 0.38%. Sectoral Performance On Thursday, Nifty Media, Nifty FMCG and Nifty Oil & Gas ended in the red. Nifty IT and Nifty Metal ended in the green. Nifty Media and …
CarDekho, one of India’s leading online car search platforms, is on track to achieve impressive growth in FY 2025. According to its founder, Amit Jain, the company expects to grow by 50% as a group in FY 2025, following a robust 54% increase in profits in FY 2024. Jain emphasised the importance of compounding growth, …
On December 11, 2024, the BSE Sensex ended in green closing at 81,526.14, up by 0.02% and NSE Nifty50 closed at 24,641.80, rising by 31.75 points or 0.13%. Sectoral Performance On Wednesday, Nifty PSU Bank, Nifty Media, and Nifty Bank ended in the red. Nifty Consumer Durables, Nifty FMCG and Nifty Healthcare Index ended in the green. …
The National Highways Authority of India (NHAI), established under the 1988 NHAI Act, manages national highways, ensuring transparency, quality, and user convenience in their development and maintenance. NHAI Scrapped Its ₹1400 Crore Bond Issue The National Highways Infra Trust has cancelled its bond issue worth ₹1,400 crore. This decision was attributed to high interest rates …
