Slow-moving zero
Financial Express Mumbai|December 16, 2024
Sebi needs to hasten slowly on T+0 as stakeholders are yet to be convinced

Last week, the Securities and Exchange Board of India (Sebi) gave a big push to deepen the T+0 settlement cycle by extending the number of stocks to 500, giving brokers incentive to charge differently. The regulator also made it mandatory for all brokers to offer the option to investors. These actions come against the backdrop of negligible activity in the T+0 segment since its launch with 25 stocks in March. The beta version has seen just 125 trades in the last seven months, with transactions of less than ₹10 lakh. Worse, there has been no trade under this cycle on the National Stock Exchange and the Bombay Stock Exchange (BSE) since September and June, respectively. Clearly, despite the hard-sell by Sebi's top management, brokers and investors don't seem to be convinced about the utility of this settlement cycle.

هذه القصة مأخوذة من طبعة December 16, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 16, 2024 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Financial Express Mumbai

Shriram Group arm raises $1.28-bn loan

SHRIRAM FINANCE (SFL), the flagship company of the Shriram Group, raised $1.277 billion in multiple currencies, including dollar, euro and dirham (AED), through an external commercial borrowing (ECB) loan transaction.

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December 19, 2024
Financial Express Mumbai

Rupee moves closer to 85/$

ON A SLIPPERY TRACK

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December 19, 2024
Financial Express Mumbai

Offshore instruments rule adds to compliance burden for FPIs: Experts

Negligible trades with derivatives as underlying assets in last three years

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December 19, 2024
Financial Express Mumbai

Good Capital targets AI-driven funding in 2025

GOOD CAPITAL, an early-stage venture capital (VC) firm, plans to make 6-7 investments in 2025, focusing on startups that integrate artificial intelligence (AI) into existing business models, especially in tier 2 and 3 cities.

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December 19, 2024
Financial Express Mumbai

Chinese auto parts imports see flat growth in H1FY25

IMPORTS OF CHINESE auto components, which used to be quite high till a few years ago, are now seeing their growth rate plateauing.

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2 mins  |
December 19, 2024
Financial Express Mumbai

New chapter: LEAD Group eyes premium schools

WESTBRIDGE CAPITAL-BACKED edtech unicorn LEAD Group has unveiled Pinnacle, a digital curriculum solution targeting high-fee schools, marking its shift from affordable institutions.

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December 19, 2024
Financial Express Mumbai

Country Delight starts 10-15 minute delivery

DIRECT-TO-CONSUMER dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space.

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1 min  |
December 19, 2024
Welspun arm looks to raise ₹4,000 cr
Financial Express Mumbai

Welspun arm looks to raise ₹4,000 cr

WELSPUN ONE, THE logistics and industrial property arm of Welspun group, plans to raise ₹4,000 crore to fund its expansion.

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1 min  |
December 19, 2024
Infosys inaugurates ₹426-cr development centre in Bengal
Financial Express Mumbai

Infosys inaugurates ₹426-cr development centre in Bengal

INFOSYS, THE COUNTRY'S second-largest IT services firm, on Wednesday inaugurated a state-of-the-art development centre in New Town, Kolkata, marking a major milestone in West Bengal's IT growth story.

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1 min  |
December 19, 2024
Financial Express Mumbai

Subsea cables: Big Tech may get govt support

Focus now on establishing repair & maintenance infra

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2 mins  |
December 19, 2024