Markets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform, will open on August 25. The settlement scheme would conclude on February 25, 2026, the Securities and Exchange Board of India (Sebi) said in a statement. The scheme aims to provide a … Read more
X CEO Linda Yaccarino has said users will soon be able to make investments or trades on the social media platform, the Financial Times reported on Thursday, a move to support billionaire owner Elon Musk‘s vision to create an “everything app.” In an interview with the publisher, Yaccarino said the company was exploring the introduction … Read more
Markets regulator Sebi on Monday directed brokers to collect all other margins, except value at risk (VaR) and Extreme Loss Margin (ELM), by the T+1 settlement day. The decision has been taken due to the shift from T+2 to T+1 settlement cycle. Trading members or clearing members are required to mandatorily collect upfront VaR margins … Read more
Members of the Karnataka State Contractors’ Association with Chief Minister Siddaramaiah in Bengaluru on Monday. Chief Minister Siddaramaiah on Monday assured the Karnataka State Contractors’ Association of considering payment of their pending bills after reviewing the financial condition. Speaking to presspersons after the office-bearers of association held a meeting with him, Mr. Siddaramaiah said the contractors … Read more
T. Harish Rao. | Photo Credit: File Photo HYDERABAD Former minister and Bharat Rashtra Samithi (BRS) leader T. Harish Rao has alleged that the Congress government in the State is deceiving paddy farmers by delaying payment of ₹432 crore bonus for 8.64 lakh tonnes of fine varieties procured about 50 days ago. In a letter … Read more
Conductors and power cables manufacturer Lumino Industries has filed preliminary papers with capital markets regulator Sebi to raise 1,000 crore through an initial public offering (IPO). The Kolkata-based company’s IPO is a combination of a fresh issue of shares worth Rs 600 crore and an offer-for-sale component of up to Rs 400 crore by promoters. … Read more
Contractors working for the Greater Hyderabad Municipal Corporation staged a demonstration in front of the corporation’s headquarters on Thursday, demanding immediate payment of money due to them for the works carried out last year. The situation turned tense when a couple of the contractors threatened self-immolation, drenching themselves in kerosene, but their attempt was thwarted … Read more
BRS leaders visiting a tribal welfare residential school student undergoing treatment in NIMS Hospital in Hyderabad on Saturday, following her illness due to food poisoning on December 10. HYDERABAD Senior leader of Bharat Rashtra Samithi (BRS) T. Harish Rao has stated that the State government has not been paying rents of Anganwadi Centres, wherever they … Read more
AP State Volunteers Association members staging a protest demonstration in Vijayawada on Monday. | Photo Credit: K.V.S. GIRI Andhra Pradesh State Volunteers Association members staged a protest, demanding the State government do justice to them. They submitted a memorandum to the NTR District Collector here on Monday, November 25. They urged the government to release … Read more
Enviro Infra Engineers, which is involved in the development of turnkey projects of sewage treatment plants and sewerage system, on Thursday collected around Rs 195 crore from anchor investors, a day before its initial share sale opening for public subscription. Quant Mutual Fund, Motilal Oswal Mutual Fund, LIC Mutual Fund, Abakkus Diversified Alpha Fund-2, Singularity … Read more