Mumbai, April 24 (IANS) The Securities and Exchange Board of India (SEBI)on Friday proposed a revised framework for calculating the net worth requirement of stock brokers, seeking to align capital norms more closely with the scale and risk profile of their operations.In a consultation paper, the regulator said the existing methodology — which ties net worth to 10 per cent of the average daily client cash balances retained by brokers — has lost relevance following the implementation of the upst…
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Jaipur, Dec 27 (IANS) The Pratapgarh District Police of Rajasthan successfully rescued 53 tribal labourers who were held captive in Solapur district, Maharashtra, after being lured with false promises of employment. Under the direction of B. Aditya, Superintendent of Police, Pratapgarh, and the guidance of Gajendra Singh Jodha, Additional Superintendent of Police, Pratapgarh, a police team led by Sub-Inspector Sohanlal of Ghantali Police Station rescued 53 labourers (13 women and 40 men) belongi…