SBI Funds Management & NSE, in which SBI group owns about 7.5% stake, may go public this fiscal, raising the bank's market value by more than Rs 1 lakh-crore.
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.
The next time a foreign dignitary visits us, we should be prepared to spell out our apprehensions candidly, and hand over the bitter truths, of course coated with chocolate.
SBI Funds Management & NSE, in which SBI group owns about 7.5% stake, may go public this fiscal, raising the bank's market value by more than Rs 1 lakh-crore.
Built by India’s Defence Ministry to commemorate the 75th anniversary of India’s participation in the Korean War, it marks a strategic effort to leverage soft power and historical links.
Pakistan has ended up losing every war against India but that hasn’t prevented it from claiming victory. We will go over the evidence to anticipate what to expect next.
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