In co-location scheme, brokers were allowed to place computers closer to NSE servers so they could access data faster. This was allegedly manipulated to gain undue advantage.
In a letter to Indian stock exchanges, the group, however, did clarify that its executives, including Gautam Adani, had been named in other charges, including wire & securities fraud.
Bengaluru: Indian shares dropped more than 1% on Monday, weighed down by broad-based profit booking, while volatility spiked ahead of the U.S. presidential election...
Delhi-based bike dealership made many potentially business-disruptive disclosures in pre-IPO documents. But that didn't deter retail investors from oversubscribing by nearly 400 times.
Sensex surged 87% between April 2020 & October 2021, drawing many new investors looking to cash in on this growth. Since that boom ended in late 2021, investor interest has also waned.
Construction spending, as well as incentives for electric mobility & renewable energy, are also likely to be a focus in Finance Minister Nirmala Sitharaman’s budget speech Tuesday.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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