Zerodha co-founder Nithin Kamath bid farewell to the country’s most popular derivatives contract, the Bank Nifty weekly options. In a post on microblogging site X (formerly Twitter), Kamath shared an ‘obituary’ to Bank Nifty Weekly. The post is captioned “An old trader friend of mine shared this 😬”. For those unaware, Securities and Exchange Board…
Canada cancels popular visa scheme The Government of Canada announced the termination of its Student Direct Stream (SDS), a program popular with Indian students for expedited study permit processing. As of today, students from India and 13 other countries who previously benefited from faster application handling through the SDS will now apply via Canada’s regular…
Samvat 2081 Top Stocks: NSE and BSE stock exchanges in India will hold their annual Muhurat Trading session on Friday from 6 pm to 7 pm. (AI image) Diwali Muhurat Trading 2024 stocks to buy in Samvat 2081: NSE and BSE stock exchanges in India will hold their annual Muhurat Trading session on Friday from…
MUMBAI: The stock market ended Samvat year 2080 (that follows one of the Indian calendars) on Thursday on a negative note with the sensex down 553 points at 79,389 points, near its three-month low level. On the NSE, Nifty closed lower, at 24,205 points, down 136 points.The closing month of the year saw strong selling…
Zomato has a clarification on the recent platform fee hike – a day after the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) reportedly sought clarification from the online food delivery platform. Zomato said that the Rs 10 platform fee hike is “not a rumour”.In a document addressed to the BSE, Zomato said that…
MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight officials…
NEW DELHI: Congress on Friday levelled up its allegations against Sebi chief Madhabi Puri-Buch from ‘conflict of interest’ to that of ‘corruption’, questioning Prime Minister Narendra Modi‘s inaction over the matter. Continuing with his “non-biological” rhetoric, Jairam Ramesh said, “The question really needs to be asked of the non-biological Prime Minister, not of anyone else.As…
MUMBAI: NSE, India’s largest stock exchange in terms of turnover and revenues, on Tuesday restarted its process to get listed, something that the bourse has been trying for over eight years now but has been delayed due to various regulatory hurdles.On Tuesday, NSE’s board gave its management the go ahead to approach Sebi for its…
NEW DELHI: UK foreign secretary David Lammy dialled his counterpart S Jaishankar on Thursday amid the suspense over where Sheikh Hasina, who fled to India from Dhaka on Monday, might be headed. Jaishankar said the two discussed the situation in Bangladesh and West Asia.MEA didn’t confirm if India discussed Hasina’s asylum with the UK or…
TCS CEO Remuneration: K Krithivasan, CEO and Managing Director of Tata Consultancy Services (TCS), earned a total remuneration of Rs 25.2 crore for the financial year 2024. This figure is slightly lower than the Rs 29.16 crore earned by former CEO Rajesh Gopinathan in the previous fiscal year.It’s important to note that K Krithivasan’s pay…
