Investors are moving money to financials after their recent underperformance and in anticipation of no negative surprises as focus shifts to earnings, analysts told Reuters.
SEBI had ordered NSE to deposit nearly Rs 11 bn, including interest, in investor fund and barred it from raising money from securities market directly or indirectly for 6 months.
Last week, Securities & Appellate Tribunal set aside SEBI's disgorgement order against NSE and its former top executives, saying the exchange 'had not indulged in any unethical act'.
CBI has arrested ex-NSE chief Chitra Ramakrishna in bourse manipulation case, for ‘sharing’ crucial and confidential info with an individual she called ‘Himalayan yogi’.
After hearing arguments from CBI and accused's counsel, special judge Sanjeev Aggarwal passed the order saying her custodial interrogation was required for fair and proper investigation.
The new CEO will have to steer Canada Pension Plan Investment Board-backed NSE through to a listing, plans for which have been marred by probes into ex-officials for alleged violations.
Ramkrishna was the MD and CEO of NSE between 2013 and 2016. She claimed she had been taking advice from a ‘yogi’ who she had allegedly never met while making business decisions.
NSE's ex-CEO Chitra Ramakrishna took the ‘guidance’ of a faceless ‘yogi’ over email to make several controversial governance decisions. Here's how the case unravelled.
RJD, once a prominent representative of Mandal politics, now finds itself in a political era where welfare, good governance, and new aspirations are overshadowing old caste equations.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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