Food and grocery delivery platform Swiggy has received approval from the market regulator for its proposed $1.25-billion public issue, investment banking sources told ET, reflecting the growing appetite for new-age investment choices in a country witnessing an unprecedented consumer boom. The Bengaluru-based company had filed draft papers for the IPO with the Securities and Exchange … Read more
Three Adani Group stocks viz. Adani Green Energy, Adani Energy Solutions and Adani Total Gas are eligible for inclusion in the derivatives segment as per the new criteria for the entry into the futures & options (F&O). Securities and Exchange Board of India (Sebi) on Friday tweaked the entry and exit criteria for stocks via … Read more
India’s market regulator said on Monday charges levied by market infrastructure institutions such as stock exchanges, clearing corporations and depositories should be uniform and not based on volumes. Exchanges often charge a lower fee to brokers if they generate high volumes, contributing to a surge in trading across segments like derivatives. Asking exchanges to stop … Read more
Market regulator the Securities and Exchange Board of India (Sebi) launched ‘Saa₹thi 2.0’ mobile app in Mumbai on Monday. The updated Saa₹thi app has introduced a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts, a Sebi release said. It includes financial calculators, and has modules that introduce and explain KYC procedures, mutual … Read more
NSE has suspended trading in Brightcom Group shares with effect from June 14, 2024, after the company failed to declare its quarterly earnings for two consecutive quarters ending September 30, 2023, and December 31, 2023. The suspension comes in accordance with market regulator Securities and Exchange Board of India (Sebi) Master Circular of July 11, … Read more
