Posts in category Business Standard
Indian bond yields continue flattish trend, traders eye fresh cues (20-12-2023)
Indian government bond yields were largely flat on Wednesday in yet another trading session, amid consolidation after their recent decline and as traders awaited more directional triggers
Sebi introduces SaaS model for clearing corps to boost business continuity (20-12-2023)
To strengthen the business continuity framework of clearing corporations for handling major software malfunctions, Sebi on Wednesday asked them to establish their critical Risk Management Systems (RMS) using a software-as-a-service (SaaS) model.
RMS plays an important role in ensuring smooth and uninterrupted functioning of the securities market by carrying out online real-time risk management of trades happening on stock exchanges.
Non-availability of RMS poses a major risk to the continuity of trading on stock exchanges.
In the first phase, systems would be designed to provide an additional tool for business continuity in case of issues with RMS of clearing corporations, Sebi said in a circular.
"In order to further manage disruptions impacting availability of RMS, it is proposed to have another contingency measure in place under Software as a Service (SaaS) model," Sebi said.
The framework in the first phase would operate for existing interoperable segments of CCs -- cash marke
Brent hovers near $80 amid geopolitical tensions over Red Sea attacks (20-12-2023)
On Wednesday, Greece advised commercial vessels sailing in the Red Sea avoid Yemeni waters. Greek ship owners control about 20% of the world's commercial vessels in terms of carrying capacity
Emcure Pharmaceuticals refiles IPO papers to Sebi, trims issue size (20-12-2023)
The company had first submitted draft papers for its IPO in August 2021
Benign oil prices can provide fillip to multiple sectors, ease inflation (20-12-2023)
The direct impact on the energy sector should see a positive re-rating for OMCs (despite possible losses on marked-down inventory) since retail margins and refining margins may both improve
Markets fall amidst profit booking, Covid concerns; sensex down 931 points (20-12-2023)
Profit booking after the good run was cited as the primary reason for the market rout
Pramod Agrawal to take charge as BSE’s new Chairman from January 17 (20-12-2023)
The board of BSE had approved the appointment on December 13 while the market regulator granted its approval on Tuesday
SAT quashes Sebi order on Future Corporate Resources, Kishore Biyani (20-12-2023)
In an order issued in February 2021, the market regulator had restrained them from accessing the securities market for different periods
SAT quashes Sebi orders, relief to banks in Karvy case over pledged shares (20-12-2023)
Sebi, NSE, NSDL directed to compensate lenders for shares transferred with 10% interest
Nifty Indices AUM surges to Rs 5.8 trillion as global interest grows (20-12-2023)
With the new additions in 2023, the number of Nifty index-linked global passive funds has gone up to 21