An Overview Under the Payments and Settlement Systems Act, 2007, BSE Technologies acquired in-principle authorisation from the Reserve Bank of India (RBI) to set up and run the Trade Receivables Discounting System (TReDS). BSE Technologies is a completely owned BSE company that specialises in IT solutions. TReDS is an electronic platform that allows Micro, Small, …
The government has indicated that it may reconsider the case pertaining to the one time spectrum charges (OTSC) of Rs 40,000 crore against telecom operators, as per news reports. The Department of Telecommunications (DoT) has sought a three-week period to reconsider the decision to penalise telecoms for the delay in the payment of one-time charges for …
An Overview According to research by Chainalysis, India’s cryptocurrency market grew by 641 percent in the past year, propelling the expansion of digital currencies in Central and Southern Asia. According to it, Pakistan’s cryptocurrency market grew by 711 percent last year. The Global Crypto Adoption Index includes three nations from the Central and Southern Asia …
On 5 October 2021, IndusInd Bank share prices increased by 4% intraday at Rs. 1164.10, becoming a major gainer on the BSE. This happened as the private bank reported better deposit and advance numbers for the September quarter. The lender saw its deposits grow 21% year-on-year to Rs. 2,75,486 crores compared to Rs. 2,28,279 crores …
Right after announcing its strategic partnership with TVS Motor Company, Tata Power saw its share price reach a 52-week high on Tuesday. Shares of the Mumbai-based firm closed at Rs. 179.65 per price on the BSE, seeing a 6.5% intraday rise on 5 October. Shares of TVS Motor have also seen a price rise on …
In very surprising news, Coal India witnessed its share price rising to Rs. 198.60, touching a 52-week high. The share price rose over 4% on intraday trading on Tuesday. Share prices had previously surged 52 per cent in the last six months. Here is a brief rundown of the story. Key Highlights of the Story …
Over the last two days, 4 October 2021 and 5 October 2021, some massive transactions have gone down both in the NSE and the BSE. Some stock market heavyweights were also involved in these deals. Let’s take a glance at a few of these important deals. Reliance Mutual Fund Reliance Mutual Fund bought 20,00,000 shares …
According to the reports, the Reserve Bank of India might be taking the reinstatement of the working hours of debt and currency markets into consideration. The operational hours that were cut down due to Covid-19 lockdowns and other restrictions might be reverted back to their pre-pandemic schedule. The timings for debt and currency markets were …
An Overview Finance Minister Nirmala Sitharaman said on Monday that company secretaries’ advice will make a big impact because only “well-managed” enterprises that follow strong governance procedures attract investors. She also stated that Indian companies have done very well in attracting investments in the recent year as a result of their transparency and enhanced compliance. …
Last Friday, on 1 October 2021, the scrips of Paras Defence got listed on the bourses, making a spectacular debut. To elaborate, Paras Defence shares got listed on the Bombay Stock Exchanges at Rs. 475 against Rs. 175 (its issue price with a face value of Rs. 10). Accordingly, it registered a listing premium of …
