Posted inBusiness & Economy

Advisory panel on leveraging regulatory, technology solutions: Sebi

Sebi has reconstituted its advisory committee, which provides guidance on enhancing the regulator’s technological capabilities and on exploring appropriate technological solutions for early detection of market anomalies. The Advisory Committee for Leveraging Regulatory and Technology Solutions (ALERTS) will now be headed by Sunil Bajpai, former Principal Advisor (Information Technology) at the Telecom Regulatory Authority of […]

Posted inBusiness & Economy

Uniform trading hours may not be tenable for commodity derivative segments: CPAI

Commodity Participants Association of India (CPAI) on Tuesday said uniform trading time for all markets including stocks, bonds, currency and commodities may not be tenable for the commodity derivative segment. The remarks come in the wake of media reports suggesting that the Reserve Bank of India (RBI) and the Securities and Exchange Board of India […]

Posted inBusiness & Economy

7 of top 10 firms lost Rs 1.32 lakh crore in market-cap, starting with Reliance

Seven of the 10 most valued firms suffered a combined erosion of Rs1,32,535.79 crore crore in market valuation last week, with Reliance Industries emerging as the worst hit. In the holiday-truncated week, the Sensex tumbled 1,108.25 points or 1.86 percent. While Reliance Industries Ltd (RIL), TCS, HDFC Bank, Infosys, HUL, Bajaj Finance and HDFC were […]