MCCIL to Clear and Settle the Trades Executed at ICEX Platform

The alliance paves the way for ICEX to outsource clearing and settlement of all trades on it to MCCIL, a SEBI recognised clearing corporation, thus enabling it to focus... Read more »

Tata Motors continues its growth momentum in the domestic market

Tata Motors sales in the domestic market in September 2018, grew by 20%, at 64,250 units compared to 53,964 units over the previous year. The cumulative domestic sales performance... Read more »

Toyota Kirloskar Motor sales growth momentum continues: Sold 13078 units in the month of September 2018

 Toyota Kirloskar Motor sold a total of 12512 units in the domestic market this month of September 2018. The company exported 566 units of the Etios series this month... Read more »

India Inc’s credit quality resilient in first half of fiscal 2019

CRISIL’s credit ratio1 (or number of upgrades to downgrades) stood at 1.68 times in the first half of fiscal 2019, compared with 1.88 times and 1.45 times in the... Read more »

NSE Indices launches NIFTY Dynamic Asset Allocation Indices

NSE Indices Ltd., an NSE group company, has today launched 2 dynamic asset allocation indices namely ‘NIFTY 50 & Short Duration Debt – Dynamic P/E index’ and ‘NIFTY 50... Read more »

NSE receives SEBI approval for Futures contracts in Gold and Silver

NSE is pleased to inform that SEBI has granted approval for introducing derivatives contracts on Gold 1 Kg, Gold Mini 100 grams and Silver 30 Kg on NSE’s commodity... Read more »

Liquidity cushion, a stress reliever for non-banks: CRISIL

CRISIL’s analysis of the liquidity position of the large non-banks – both non-banking financial companies (NBFCs) and housing finance companies (HFCs) – that it rates, shows that they are... Read more »

BSE set to launch commodity derivatives trading from Oct 1st 2018

BSE, Asia’s oldest and now world’s fastest exchange with the speed of 6 microseconds is set to launch trading in commodity derivatives from October 1st 2018.  Launch will be marked... Read more »

Spoofin, raises bridge round from Mumbai Angels Network

Spoofin, a video-based social network that allows users to create and share parody videos, raises a bridge round funding from Mumbai Angels Network (MA Network), India’s leading early stage investment platform.... Read more »

AU Bank augments financial inclusion agenda on digital platform

In a new development, AU Small Finance Bank, has on boarded Mr. Dayakaran Sridhar as the Chief of Digital Banking and Digital Strategy. His appointment marks AU’s ambition of becoming... Read more »