National Stock Exchange launches NSE Prime

National Stock Exchange launches NSE Prime

NEW DELHI: NSE on Tuesday launched a new corporate governance initiative – ‘NSE Prime’, that NSE-listed companies can adopt voluntarily. NSE Prime is a framework that prescribes higher standards of corporate governance for listed Companies than those required by regulations. Additional disclosure requirements have also been prescribed to provide for a higher quality of public […]

FPIs pull out  ₹17,696 crore from Indian markets in December so far

FPIs pull out ₹17,696 crore from Indian markets in December so far

New Delhi: Foreign portfolio investors (FPIs) have pulled out ₹17,696 crore from the Indian markets in December so far amid uncertainty due to a new coronavirus strain, Omicron, and expectations of faster tapering by the US Federal Reserve.  According to the depositories data, FPIs took out ₹13,470 crore from equities, ₹4,066 crore from the debt […]

News Wrap Dec 17: CCI suspends nod for Amazon-Future deal; Shankar Sharma on market correction in 2022; Dr VK Paul on booster shots and more

News Wrap Dec 17: CCI suspends nod for Amazon-Future deal; Shankar Sharma on market correction in 2022; Dr VK Paul on booster shots and more

The Competition Commission of India (CCI) has suspended the approval for the Amazon-Future deal and also imposed a Rs 202 crore penalty on Amazon. State Bank of India has increased the base rate and prime lending rate by 10 basis points each. On a day when markets witnessed a sharp sell-off amid negative global trend, […]