NEW DELHI: The Securities Appellate Tribunal (SAT) on Thursday quashed Sebi’s order imposing a fine of Rs 7 crore on NSE in the dark-fibre case. Additionally, the tribunal has set aside a fine of Rs 5 crore levied by Sebi on the exchange’s former official Anand Subramanian. Further, it has partly set aside the regulator’s … Read more
SINGAPORE/BEIJING: Nvidia has told customers in China it is delaying the launch of a new artificial intelligence chip it designed to comply with US export rules until the first quarter of next year, two sources familiar with the matter said. The delayed chip is the H20, the most powerful of three China-focused chips Nvidia has … Read more
NEW DELHI: Commerce and Industry minister Piyush Goyal on Wednesday said the proposed free trade agreements with the European Union and four-nation EFTA group are doable, but they should keep in mind India’s concerns as the level of economic development is different. Addressing CII’s India-Nordic Baltic Business Conclave here, he said the European Union (EU) … Read more
As we know, a trade settlement cycle is the period within which securities are delivered and funds are transferred after a trade is executed between a buyer and a seller. Obviously, an efficient settlement cycle enables quick ownership transfer and availability of funds. A faster settlement therefore enhances liquidity in the market and is better … Read more