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Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31

The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. Photograph: Francis......

Reliance Capital gets 10 more bids for subsidiaries

Reliance Capital Ltd (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said. Earlier this month,......

Sale of Reliance Capital's assets gets resounding response

Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap’s 51 per cent stake......

Exchanges curtail timings for commodities trading

Leading stock exchanges BSE and NSE on Thursday cut down trading hours for the commodities derivative segment till 5 pm, instead of the current practice of allowing it up till midnight, in the wake......

Iran's coronavirus outbreak leads to cheaper basmati

Following the outbreak, Iran has stopped Indian basmati shipments. This has led to exports already falling 18-20 per cent this fiscal year. Iran and the rest of West Asia account for the largest......

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