Stock exchanges

SEBI Panel on Governance of Stock Exchanges

SEBI has constituted a committee that will review and make recommendations for the strengthening of governance norms at market infrastructure institutions (MIIs) and stock exchanges. Overview: The committee has been constituted after the alleged corporate lapses of governance at NSE ..

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BSE and IIT Alumni sign pact: To encourage startups listing

On July 13, 2020, the Bombay Stock Exchange (BSE) and IIT Alumni Council signed a pact to encourage listing of startups. The pact will help to develop high investor depth platform for startup companies. The platform is to be developed ..

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20-member “Usha Thorat Committee” formed

On July 10, 2020, 20-member advisory committee under the leadership of former deputy governor of Reserve of Bank of India, Usha Thorat was formed. Highlights The Securities and Exchange Board of India revamped its committee that advises capital market regulator ..

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Wipro bags $300 mn contract from ICICI Bank to provide digital technology led services

The digital transformation and IT services major, Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank to provide digital technology led services. Under the contract, Wipro will offer a comprehensive suite of services to ..

New Norms Proposed for Municipal Bonds

The market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of norms for listing and trading of municipal bonds on stock exchanges and to channel household investments into urban infrastructure development. Norms Proposed A municipal ..

HDFC Bank recognized as India’s No. 1 Bank: Forbes Magazine

As per Forbes World’s Best Bank survey, HDFC Bank has been recognized as number 1 bank by customers in India. HDFC Bank emerged as India’s No 1 bank. ICICI Bank was at number 2 and SBI was ranked 11th in ..