About 30 companies filed draft prospectuses with the market regulator in March, seeking to raise roughly $6.3 billion, according to data from Prime Database and NSE.
Speaking at ThePrint OTC Thursday, NSE CEO Ashishkumar Chauhan said the exchange has been trying to list itself since 2016, but it couldn’t happen due to one reason or the other.
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.
Dabba trading refers to illegal & unregulated off-market trading. Advertising Standards Council of India has also been informed about the matter in order to assess such violations.
Success of indigenous systems on battlefield & expectation of increased military spending behind positive investor sentiment. But past flashpoints show such rallies can unwind quickly.
Rising India-Pakistan tension & an expectation of domestic firms getting major orders from armed services spark a market rally for both govt & private defence firms.
Rapid rise in number of retail traders in derivatives has SEBI, RBI & experts concerned. Despite massive losses & risk, investors are using savings or taking loans in the hope of profits.
In a consultation paper, SEBI notes traders, mostly individuals, in derivatives on NSE made a cumulative loss of Rs 51,689 crore in FY24, with algorithmic traders & FPIs making profits.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
COMMENTS