“Given the need to ensure that only high quality stocks with sufficient market depth are allowed to trade in derivatives segment and considering the growth witnessed in market parameters since the last review conducted in 2018, the eligibility criteria for entry and exit of stocks in derivatives segment has been Continue Reading
Reseñas
NSE sells digital examination business to CL Educate for Rs 230 crore
The National Stock Exchange (NSE) has sold its Digital Examination Business (DEX) to CL Educate Limited for Rs 230 crores. In an exchange filing, CL Educate announced that its board approved the acquisition of DEX from NSEIT Limited on Thursday.
Aadhaar to be common framework to onboard customers for financial products: Senior RBI official
Aadhaar will streamline the KYC process for financial products by addressing document redundancies, according to a senior RBI executive. The National Payments Council of India is working on this mandate but needs more time for clarity. Meanwhile, fintechs are encouraged to innovate in cross-border solutions and engage with regulators if Continue Reading
Sugar stocks surge on Ethanol push, analysts see more upside
The government’s notification removes the limit that exists on the diversion of sugar for ethanol production. “Since ethanol is a high-yielding product, this removal of cap would help the sugar mills and distilleries to manufacture more ethanol and improve their revenue mix directly, which will improve cash flows and stabilize Continue Reading
Adani Group can double local debt exposure: CFO
If longer-duration debt is included, the group will also be open to having as much as 15% of its debt from the local capital markets, Singh told ET, after launching Adani Enterprises’ maiden non-convertible debentures’ issue of ₹800 crore.
FirstCry Q1 results: Cons loss narrows YoY to Rs 57 crore, revenue jumps 17%
Brainbees Solutions, owner of FirstCry, reported a narrower net loss of Rs 57 crore for the quarter ended June 30, 2024, compared to Rs 90 crore a year ago. Revenue rose 17% to Rs 1,652 crore, while EBITDA saw a significant 106% increase. Annual unique transacting customers grew by 15%, Continue Reading
Gold ticks lower as dollar, yields firm after inflation report
Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September interest rate cut by the U.S. Federal Reserve remains in play.
Unicommerce Esolutions Q1 results: PAT jumps 31% YoY to Rs 3.5 crore, revenue up 9%
Unicommerce Esolutions reported a net profit of Rs 3.5 crore for the quarter ended June 30, 2024, which was up by 31% from Rs 2.7 crore reported by the company in the year ago period.
Tech View: Nifty near term targets now increase to 26,000. Here’s how to trade on Monday
Nifty gained 84 points on Friday, forming a rounding bottom pattern suggesting strength. Analysts expect the index to rise towards 25,500 and potentially 26,000-26,250 if it sustains above 25,500. Support is at 24,950; a ‘buy on dips’ strategy is recommended.
Sebi mulls expanding scope of informal guidance scheme, raises fees
Capital markets regulator Sebi on Friday proposed changes to the informal guidance scheme to expand the list of applicants that can seek guidance under the plan and enhance the fee for making an application.