SEBI Rationalization of Periodic Call Auction for Illiquid Scrips
Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/38 /2013 December 19, 2013 To All Stock Exchanges Dear Sir/Madam, Sub: Rationalization of Periodic Call Auction… Read More
Tags: Auction, Bombay Stock Exchange, Market capitalization, Securities & Exchange Board of India, Securities and Exchange Board of India Act 1992, SMAC, Stock exchange, Trading day
Railway Revenue Earnings up by 10.74 Per Cent During April – July 2013
The total approximate earnings of Indian Railways on originating basis during 1st April to 31st July 2013 were Rs. 44260.16 crore compared to Rs. 39969.24 crore during the same period last year, registering an increase of 10.74 per cent. The total goods earnings have gone up from Rs. 27924.26 crore during 1st April 31st July… Read More
Tags: April-July 2013, Bombay Stock Exchange, Conferences, Fiscal year, Indian Railways, Net profit, Percentage, Rupee
OFS for divestment of GoI™s equity in National Fertilizers Limited
National Fertilizers Limited (NFL) Issue Over-Subscribed At 1.55 Times; The Government to Receive Approximately Rs. 101 Crore Towards Divestment Receipts The OFS for divestment of 7.64% of Government of India™s equity in National Fertilizers Limited (NFL) was done today on both the stock exchanges i.e. BSE & NSE. The Issue was over-subscribed at 1.55 times… Read More
Tags: Bombay Stock Exchange, Government, Government of India, National Fertilizers, National Football League, National Stock Exchange of India, NFL, Stock exchange
Disinvestment of ITDC & STC
Disinvestment of 5 percent paid up equity capital of ITDC and 1.02 percent of paid up capital of STC out of Government of India shareholding The Cabinet Committee on Economic Affairs has approved the disinvestment of 5 percent paid-up equity capital in the India Tourism Development Corporation (ITDC) and 1.02 percent paid-up equity capital in… Read More
Tags: Bombay Stock Exchange, Equity (finance), Government of India, India, India Tourism Development Corporation, ITDC, Mumbai, National Stock Exchange of India
Disinvestment of 4.01% Government of India Shareholding in HCL through OFS Method; Approximate Gross Receipts would be Rs. 260 Crore.
The Cabinet Committee on Economic Affairs (CCEA), in its meeting held on 14.9.2012, had approved disinvestment of 9.59% paid up equity capital of Hindustan Copper Limited (HCL) through the Offer for Sale through Stock Exchange mechanism (OFS). The second tranche for sale of 4.01% of the share of HCL through the Offer for Sale (OFS) route was… Read More
Tags: Bombay Stock Exchange, Disinvestment, HCL, Hindustan Copper Limited, National Stock Exchange of India, Securities & Exchange Board of India, Share (finance), Stock exchange
RBI Guidelines on Securities Transactions to be followed by Primary Dealers
RBI/2012-13/549 IDMD.PCD.13/14.03.07/2012-13 June 26, 2013 To All Market Participants Dear Sir/Madam, Guidelines on Securities Transactions to be followed by Primary Dealers Please refer to our Notifications IDMC.PDRS.PDS.No.2/03.64.00/2000-01 dated November 13, 2000 and IDMC. No. PDRS/2049A/03.64.00/99-2000 dated December 31, 1999 on the captioned subject. 2. The above directions have been reviewed and it has been decided that Primary Dealers are… Read More
Tags: Bombay Stock Exchange, Business, India, MCX Stock Exchange, National Stock Exchange of India, OTC Exchange of India, Primary dealer, Security (finance)
MMTC OFS Divestment – Issue Oversubscribed by 1.55 times
MMTC OFS for Divestment of 9.33% Paid up Equity of the Government of India Shareholding Done; Issue Overscribed by 1.55 Times; Government Expects to Realize Proceeds of Rs. 567.90 Crores. The Minerals and Metal Trading Corporation (MMTC) OFS for divestment of 9.33% paid up equity of the Government of India shareholding in the MMTC was done… Read More
Tags: Bombay Stock Exchange, Equity (finance), Government, Government of India, India, MMTC, National Stock Exchange of India, Shareholder
GoI Clarification on SME Stock Exchanges
Securities and Exchange Board of India (SEBI) vide its circular dated May 18, 2010 has prescribed the guidelines regarding setting up of a Stock exchange/ a trading platform by a recognized stock exchange having nationwide trading terminals for Small and Medium Enterprises (SME). Subsequently on request of BSE Ltd. (BSE) and National Stock Exchange of… Read More
Tags: Bombay Stock Exchange, BSE, National Stock Exchange of India, SEBI, Securities and Exchange Board of India, Small and medium enterprises, SME, Stock exchange
How to tackle Insider Trading in INDIA: An Analysis of current laws and Regulations through judicial decissions.
Abstract Insider trading is mal practices of those who are directly related to a company or body corporate or has any relation with the company. These persons use their position to get price sensitive information related to value of shares etc. which is unpublished. The Indian laws, which govern it, are not sufficient enough regarding… Read More
Tags: Bombay Stock Exchange, India, Insider Trading, Insider Trading Regulation, SEBI, SEBI Act, Securities & Exchange Board of India, United States