Search Results for: Edelweiss Securities

Higher prices, lending curbs dim Diwali festival for Indian retailers

Demand for gold, which typically surges during the season that started in mid-October and ends on Friday, is also weak despite dealers offering discounts on the precious metal for the first time in three years.

Nov 7, 2018

SBI fraud: 8 bank officials, Harshad Mehta's brother acquitted

According to the prosecution, the bank's officials in collusion with the Mehta brothers entered into a conspiracy to cheat SBI Caps, the investment banking branch of the country's largest lender, to the tune of Rs 105 crore in the sale and purchase transactions of securities from 1991 to 1992.

Nov 7, 2018

Centre demands one third of RBI reserve, RBI says no

The issue is related to the Centre seeking transfer of Rs.3.6 lakh crore that is more than a third of the total Rs.9.59 lakh crore reserves of RBI.

Nov 6, 2018

Rose Valley ponzi case: ED arrests Kolkata-based man

They said Sudipto Roy Choudhary, who ran a consultancy business, is a suspect in connection with a number of payments made in the chit fund scam case and payments worth crores made to him are under the ED's scanner.

Nov 5, 2018

Sensex down 150 points, rupee at 73

"The decline in the domestic currency is because of the US dollar, which is stronger as the their economy is doing well. As far as markets are concerned, the volatility is expected to continue. It is trading in a tight range and will continue for few months," Astha Jain, Senior Analyst, Hem Securities.

Nov 5, 2018

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Geopolitical issues, Q2 results to set equity market course

Trading at stock exchanges, however, won't take place on November 7-8 on account of Diwali, other than the brief traditional muhurat trading on Diwali day.

Nov 4, 2018

Liquidity crisis: RBI allows banks to assist NBFCs raise capital

The latest step taken by the central bank is expected to provide some liquidity to the cash-strapped NBFCs.

Nov 3, 2018

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Foreign investors continue to remain bearish on Indian markets

The data from the National Securities Depository Ltd. shows that the FPIs have offloaded Rs. 1 lakh crore across debt and equity markets.

Nov 2, 2018

Banking stocks lead indices to gains; weak rupee dents sentiment

Indian equity indices experienced a highly volatile session, but managed to make gains, as apprehensions over tension between RBI and government gave way to investors clinching attractive deals.

Oct 31, 2018

Amid IL&FS fiasco, SEBI plans to overhaul functioning of credit rating agencies

The regulator is of the opinion that since the ratings are critical to any debt instrument and an important piece of information in the investment process of fixed income instruments, a framework which is free from conflict and bias must be in place to check malpractices in the financial system.

Oct 31, 2018