Mumbai, June 19 (IANS) The National Stock Exchange (NSE) has disclosed in its draft red herring prospectus (DRHP) that a petition pending before the Bombay High Court seeks, among other reliefs, a stay on its proposed initial public offering (IPO) process and directions for greater disclosures regarding its shareholding structure.According to the DRHP filed with the Securities and Exchange Board of India (SEBI), the petitioner has sought a writ directing SEBI to decide a pending representation a…
Latest NSE News & Updates
Mumbai, June 18 (IANS) The National Stock Exchange (NSE) has cautioned investors that regulatory changes, technology failures, cybersecurity threats and emerging risks associated with artificial intelligence (AI) could materially impact its business operations and financial performance, as the stock exchange moves ahead with its long-awaited initial public offering (IPO).In its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), NSE highlighted its s…
Mumbai, June 18 (IANS) The National Stock Exchange of India (NSE) has disclosed in its draft red herring prospectus (DRHP) that two long-running regulatory cases linked to its co-location and dark fibre facilities remain unresolved, with the exchange proposing to pay Rs 1,491.21 crore to settle the matters with the Securities and Exchange Board of India (SEBI).The disclosures, made as part of the material litigation section of the IPO papers, relate to proceedings pending before the Supreme Cour…
New Delhi, June 5 (IANS) Shares of Rajesh Exports tumbled 5 per cent for the second straight session on Friday, hitting lower circuit limits after capital markets regulator Securities and Exchange Board of India (SEBI) barred the company’s promoter and CEO, Rajesh Mehta from dealing in the company’s securities over alleged financial irregularities.The stock declined as much as 4.99 per cent to hit the lower circuit limit at Rs 98.73 on the NSE, while on the BSE it declined 4.97 per cent to R…
New Delhi, June 3 (IANS) Shares of private lender IndusInd Bank fell 3 per cent on Wednesday after reports emerged of a fresh whistleblower complaint seeking an investigation into alleged insider trading, governance lapses and audit shortcomings at the bank.The stock declined as much as 3.01 per cent to hit an intraday low of Rs 884.75 apiece on the BSE as of 2:30 pm. At the last count, the banking stock was trading at Rs 895.80, down about 2 per cent.The selling pressure followed reports sugges…
New Delhi, May 30 (IANS) Inditex Trent Retail India Pvt Ltd — operates Zara’s India business — reported about a 32 per cent decline in consolidated net profit to Rs 204.14 crore in FY26, while revenue from operations decreased 1.17 per cent to Rs 2,749.28 crore, Trent Ltd said on Saturday.The company had posted a profit of Rs 299.84 crore and revenue from operations of Rs 2,782.06 crore in the previous financial year, according to the exchange filing by Trent Ltd.In addition, total income fo…
Mumbai, May 26 (IANS) The National Stock Exchange of India has barred Yes Securities from onboarding new clients for a period of three months after identifying violations related to upfront margin collection and penalty recovery practices.In its disciplinary order, the NSE said the brokerage failed to maintain the required upfront margins in several instances and later transferred the penalties imposed by the clearing corporation to its clients.According to the exchange, such practices violated …
New Delhi, May 23 (IANS) State-owned energy services provider NTPC Limited on Saturday reported a strong financial performance for the fourth quarter and full financial year ended March 31, 2026, driven by operational gains, capacity additions and improved efficiencies.The public sector company reported a 75 per cent quarter-on-quarter (QoQ) growth in profit after tax (PAT) in the January-March quarter to Rs 8,747 crore from Rs 4,987 crore reported in the third quarter of FY2026.For the full fin…
New Delhi, May 22 (IANS) Prime Minister Narendra Modi and Cyprus President Nikos Christodoulides on Friday reiterated their commitment to combating terrorism, including cross-border terrorism, in all its forms and manifestations, during their meeting in New Delhi. The talks between both leaders covered areas of trade and investment, defence and security, maritime and financial connectivity, technology and innovation, mobility, education, culture and India–European Union (EU) engagement.”Buildi…
New Delhi, May 22 (IANS) Cyprus President Nikos Christodoulides on Friday shared a light moment with Prime Minister Narendra Modi by taking a selfie ahead of the talks aimed at strengthening bilateral ties. Before the meeting at the Hyderabad House, President Christodoulides and PM Modi warmly greeted each other. Christodoulides then took a selfie with his mobile phone with PM Modi.Earlier, several other world leaders, including French President Emmanuel Macron and Italian Prime Minister Giorgia…