The National Stock Exchange (NSE) has revised the eligibility criteria for stocks listed on other exchanges to get directly listed on its mainboard platform. The exchange has raised minimum net worth of such companies to Rs 75 crore for each of the three previous years from the existing Rs 10 crore. If not, the security
AI’s transformative potential is expected to disrupt the labour market, with tasks rather than job roles becoming the focal point, Rishad Premji, executive chairman of Wipro said on Tuesday. He said that enterprises around the world are gradually adopting AI technologies with many cautious about the rapid pace of its evolution. However, consumer uptake is
IT company LTIMindtree has extended its contract with Nexi Group, an European paytech provider. This collaboration is set to elevate Nexi’s technology landscape across its core acquiring, issuing, and e-commerce platforms, further solidifying its position as a key player in the digital payments space. As a part of this partnership, LTIMindtree will leverage its technical
Indian IT majors are likely to register mid-to high-single digit growth over the next few quarters, indicating a slower-than-expected recovery even after Donald Trump’s re-election as the US President raised hopes of a corporate tax rate cut and the resultant increase in corporations’ discretionary spending and IT budget, brokerage firm CLSA has said. The sector
Two months after the government hiking import duty on key edible oils variants and purchase of oilseeds at the minimum support price (MSP) from farmers, mandi prices of soyabean, a key kharif crop, continue to rule below the benchmark price. This is even as retails prices of all the variants of cooking oils, including soyabean
The Jharkhand Assembly will enter the second and final phase of polling on Wednesday, November 20, with 38 constituencies set to decide their representatives. The first phase, covering 43 seats, was held on November 13. Political parties, including the ruling Jharkhand Mukti Morcha (JMM)-led INDIA bloc and the Bharatiya Janata Party (BJP)-led National Democratic Alliance
Old Pension Scheme: Thousands of employees from the Centre, states and Union Territories (UTs) gathered at Jantar Mantar in the national capital for a massive rally on November 17, demanding the restoration of the Old Pension Scheme (OPS) and the abolition of the National Pension System (NPS). There are around 60 lakh government employees covered
The Securities and Exchange Board of India (SEBI) on Tuesday proposed a slew of changes in the guidelines for listing of small and medium enterprises (SMEs), including an increase in the lot size to Rs 2 lakh or Rs 4 lakh, higher promoter lock-in of five years and cooling period of two years for proprietary
Marcellus Investment Managers has seen its Portfolio Management Services (PMS) assets under management (AUM) decline sharply by 64% from Rs 12,704 crore in October 2022 to Rs 4,734 crore currently. The primary reason? Valuation missteps in stock selection, as acknowledged by the firm itself. In a post on social media platform X, Kanan Bahl, CA
Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12
The China Securities Regulatory Commission (CSRC) has suggested implementing salary reductions of up to 50% for fund managers whose investment products either incur losses or fail to meet benchmarks by 10% or more. This initiative, announced on March 14, 2025, is part of efforts to reform China’s $4.6 trillion mutual fund sector in light of
The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension
Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several
