Securities News

Demat account is a dematerialized account that provides the facility of holding shares and securities in electronic format.

Three sub segments -- XC, XD and XT -- were launched in November 2015 considering companies specific characteristics such as low to moderate market capitalisation, lower contribution to overall trading turnover.

Besides, listed companies would be required to file corporate announcements on reappointment and statement of impact of audit qualifications through the mechanism.

To help companies raise funds through green bonds for investment in renewable energy space, regulator Sebi on Tuesday put in place disclosure norms for issuance and listing of such bonds.

All the companies have been asked to declare shares and bond transactions involving Rs 10 lakh or above in a financial year to Income Tax department by May 31 by the government.

Reserve Bank Governor Raghuram Rajan in his last monetary policy on Tuesday may keep interest rate static as retail inflation continues to be above the comfort zone, experts say.

The reworked India-Mauritius tax treaty has kept out derivatives and non-share securities like debentures from levy of capital gains tax in India as these are to be taxed only in host country, Mauritius.

The Ahmedabad-based drug firm Torrent Pharma is seeking enabling approvals from its shareholders to raise Rs 10,500 crore through issue of shares and other securities to fund its growth activity.

Total number of investor accounts at two depositories -- NSDL and CDSL -- stood at 2.5 crore at the end of February, translating to an addition of 18.64 lakh in past one year.  

To check manipulation in trading of securities, BSE has beefed up its surveillance on preferential issue of shares and would adopt measures such as reduction in price band and suspension of securities.

Around 1.65 lakh investor accounts were added during the month of October, taking the cumulative number of such accounts on the nation's two depositories to 2.43 crore, shows latest data.  

The National Securities Depository Ltd (NSDL) has achieved a historic milestone of crossing Rs 100 lakh crore custody value of securities held in its demat accounts, standing currently at Rs 115 lakh crore, an official said here on Saturday.  

To prevent excessive volatility in shares, leading stock exchange BSE has introduced weekly, monthly, quarterly and yearly based price band framework for the securities exclusively listed on its platform.

Adani Enterprises, the flagship company of the Adani Group, Tuesday said it plans to raise up to Rs 6,000 crore through issuance of securities to sustain rapid business growth.

Less than 300 investment advisers have taken licence from the capital market regulator Sebi in more than two years to provide advisory services related to dealings in securities.

The move is aimed at ensuring centralised record of all securities, including both physical and dematerialised shares, issued by the company and its reconciliation thereof.

Investments by mutual fund houses in software shares hit a four-month low of around Rs 34,000 crore at the end of April.

Investors have pumped in around Rs 1.55 lakh crore into various mutual fund schemes in October, making it the fourth consecutive month of inflows.

The Reserve Bank on Wednesday hiked the FII investment sub-limit in govt bonds by USD 5 billion.