The company is coming out with an offer for sale of 3. The issue will be open to subscription from June 19 to June According to the SEBI circular issued in last week of February, exchanges have also been asked to carry forward over 75 percent of interest income earned on the fund.

There will be tax levied on the amount carried-forward.

The future of payments will be like a sci-fi movie where NFC and facial recognition will enable payments. Currency notes will become a thing of the past, branches will become lesser even as robot advisors, virtual assistants and chatbots will be your new banker, wealth advisor and cashier.

The Airtel-Telenor buyout coupled with talks of potential Vodafone-Idea merger and Tata Teleservices with RCom-Airtel-MTS combine raise questions whether a consolidation is the best way for telecom companies in view of Reliance Jio's entry. It was spectacular performance by BSE erstwhile Bombay Stock Exchange shares on Friday. The stock settled at Rs 1, Against the offer of Rs , the stock was listed at Rs 1, a percent premium.

It hit a high of 1, in early trade. Prime Minister Narendra Modi today inaugurated India's first international exchange -- India INX -- at the International Financial Service Centre IFSC of GIFT City here, saying it will enable Indian firms to compete on equal footing with offshore firms.

India International Exchange India INX , arm of leading domestic bourse Bombay Stock Exchange BSE , is all set to be inaugurated by Prime Minister Narendra Modi today. The much-awaited public offer of BSE will see sale of 29,, shares by the existing shareholders through the offer for sale OFS route.

This works out to close to 30 per cent of the total holding. Gujarat Chief Minister Vijay Rupani made the announcement today while taking part in the bell ringing ceremony of BSE at Mumbai, a government release said. But dealing in shares was prevalent as early as , though there were only about half a dozen people who professed to be share brokers.

While this year didn't start well and the first half saw a big dip in imports, the lowest in 6 years on the back of excise duties and protests against that move, the numbers are improving sharply. Up to 70 tons of gold may have been imported in October alone, up from 20 tons in May. Silver sales are up 50 percent over last month.

The final phase of Maharashtra government's ambitious Mumbai City Surveillance Project MCSP , comprising 6, CCTV cameras, is complete and will be launched on October 2. To meet its capital expenditure requirements, NTPC Ltd, invited bids for its series 63 of taxable secured non convertible debentures today on electronic bidding platform of Bombay Stock Exchange, the company said in a statement.

Reacting to the news Nirmal Jain, Chairman of IIFL, said that the non-banking finance arm constitutes 70 percent of the business. It has set the date for the public issue in December. Let us take a look at how a few stock exchanges around the world fared after their initial offer. Kalanithi Maran had demanded that million warrants redeemable as equity shares be transferred to him.

BSE Ltd. (Bombay Stock Exchange) | Live Stock Market Updates for S&P BSE SENSEX, Stock Quotes & Corporate Information

The warrants, if converted, would have given Maran and his airline, Kal, a share of 25 percent in SpiceJet. The troubled company hasn't been reporting financial results for the last two quarters. BSE, however, did say trading won't be suspended if it could comply with regulations by May Two companies will come out with their initial share sale next week to raise over Rs 13 crore and get listed on small and medium enterprises platform of the stock exchanges.

Mindteck, a global technology company listed on the Bombay Stock Exchange BSE , today announced that it has established a subsidiary in the Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.

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