Easy Trip Planners partners with Zaggle Prepaid; shares up
[ad_1] Easy Trip Planner Ltd’s EaseMyTrip announced a partnership with Zaggle Prepaid Ocean Services Limited to give its corporate clientele access to Zaggle’s EMS platform for travel and expense management solutions. It covers everything from flight bookings, hotels, and other travel arrangements to managing expenses incurred during business trips. The company said the collaboration aims […]
RK Swamy public issue to open on March 4
[ad_1] The Chennai-based RK Swamy will launch its initial public offering on March 4, according to red herring prospectus filed with SEBI. The company is expected announce the price band this week. The offer includes a fresh issue of ₹173 crore and an offer for sale of up to 87 lakh equity shares by selling […]
MCX, Jakarta Futures Exchange sign pact
[ad_1] Multi Commodity Exchange and the Jakarta Futures Exchange, the largest commodity exchange in Indonesia, have entered into a memorandum of understanding to enhance collaboration in key areas, including knowledge sharing, research, education, training, awareness creation, and other market development initiatives. Also read: MCX logs ₹5 crore loss on one-time software fee PS Reddy, Managing […]
R Systems, IIT Delhi forge partnership for AI Center of Excellence
[ad_1] R Systems International Ltd, a player in digital product engineering and technology solutions, has entered into a Memorandum of Understanding (MOU) with the Indian Institute of Technology Delhi (IIT-Delhi) to establish a Center of Excellence (CoE) on Applied AI for Sustainable Systems. The CoE, to be set up at IIT Delhi, will comprise a […]
Global steel output slips a tad in January
[ad_1] Global crude steel production declined by 1.6 per cent in January 2024 to 148.1 million tonnes (mt) against 150.6 mt in the corresponding period a year ago. According to the World Steel Association, top producer China’s output plunged to 77.2 mt in November, down by 6.9 per cent from the year-ago period. India reported […]
SEBI set to unveil cybersecurity and resilience framework for capital markets
[ad_1] Capital markets regulator SEBI is working on a Cybersecurity and Resilience Framework that it intends rolling out once industry feedback is received, Kamlesh Varshney, Whole-Time Member, said on Saturday. Also read: SEBI chief launches CDSL’s multi-lingual initiatives “SEBI has prepared cybersecurity framework. It is ready and already given to the Industry Standards Forum for […]
Sebi using AI for investigations, says official
[ad_1] Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on Saturday and emphasised that entities should keep track of technological developments. Against the backdrop of instances of manipulations in the stock market, he said the message is that abiding with the law will be more beneficial and […]
SEBI plans to make nomination optional for joint MF portfolios
[ad_1] Capital market regulator SEBI has excluded investment made through ETFs and index funds from the regulations on exposure to a single stock of own group companies and nomination has been made option for joint investments in mutual fund schemes. In a consultation paper to promote ease of doing business among MFs, SEBI on Friday […]
Crude oil down as Fed official rules out immediate rate cut
[ad_1] Crude oil futures traded lower on Friday morning as an official from the US Federal Reserve ruled out interest rate cuts in the near future. At 9.52 am on Friday, April Brent oil futures were at $83.28, down by 0.47 per cent, and April crude oil futures on WTI (West Texas Intermediate) were at […]
Indices reverse early losses to make fresh highs
[ad_1] Indian equities overcame Fed jitters and reversed early losses to make fresh highs on Thursday. The Sensex surged 535 points to 73,158, and the Nifty rose 162 points to 22,217. Cash market volumes on the NSE were a bit lower than the previous session but still closed at ₹1.02-lakh crore. The mid-cap index rose […]