Global India

SEBI reviews margin framework for cash, derivatives segments

Margin, in market parlance, is the minimum fund or security an investor is required to pay to the stock broker before executing a trade. Continue reading

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Amendments to insolvency law must be dropped: Homebuyers

The Standing Committee on Finance held a meeting with representatives of homebuyers on February 24 to give them a hearing on the proposed changes in the IBC. Continue reading

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New e-form to reduce time, cost for starting biz: Govt

SPICe , an integrated web form, would have two parts — for reserving names for new companies and providing various services at the time of incorporation. Continue reading

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HCL Tech bags multi-year deal from UPM

HCL will help UPM to migrate more services to the cloud and will also pursue large-scale modernisation and digital transformation initiatives to enhance the workplace experience for UPM#39;s more than 19,000 employees, it said. Continue reading

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CCI approves NTPC#39;s stake-buy in NEEPCO, THDC India

As part of transactions, NTPC will acquire 100 per cent of the issued and paid-up share capital of the NEEPCO and 74.5 per cent stake in THDC India, the Competition Commission of India (CCI) noted in separate releases. Continue reading

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JSW Steel declared as preferred bidder for Jajang iron ore block in Odisha

The projected iron ore resource as on March 31, 2020 in this mine as per tender documents is around 39.40 million tonne, it said. Continue reading

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Aditya Birla Capital gets Rs 1,000 cr foreign investment from Jomei

It said the company is proposed to allot 10 crore equity shares at a price of Rs 100 apiece for an aggregate consideration of Rs 1,000 crore to Jomei. Continue reading

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Gold price jumps Rs 1,848 to close at record Rs 43,590 per 10 gram

The yellow metal is up 11.08 percent so far in 2020, after rising 23.75 percent in 2019 in rupee terms. Continue reading

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CAG holds meeting with ministries to seek suggestions on auditing

This would help in understanding their concerns and would also supplement the risk-assessment exercise being undertaken by the CAG in the course of finalising the annual plan of audit activities. Continue reading

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SC refuses to entertain plea for framing of guidelines on expeditious grant of sanction to prosecute

The top court was hearing Garg#39;s appeal against a Delhi High Court order refusing to frame guidelines on grant of sanction to prosecute an accused. Continue reading

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