BSE, CAMS, CDSL, KFin Tech: With market buoyancy to keep up the pace, the long-term view remains robust, but there is likely not much upside in the medium-term after the recent gains, analysts said
Capital markets regulator Sebi on Wednesday imposed a penalty of Rs 2 lakh on CDSL Ventures Ltd, a KYC registration agency, over delay in submission of the audit report. In addition, the entity failed to maintain segregation between cyber security services and infrastructure of itself and depository CDSL, which hit its KYC operations, according to an order passed by the regulator. The Securities and Exchange Board of India (Sebi) inspected CDSL Ventures Ltd to examine its compliance with the KYC Registration Agency (KRA) regulations. The period covered in the inspection was from January 2021 to December 2022. Based on the findings of the inspection, Sebi found certain non-compliances with KRA Regulations. In its order, Sebi found that CDSL Ventures did not submit the system audit report to it within the stipulated time period. Sebi has mandated that the system audit should be conducted once in a "financial year" instead of a "calendar year". The entity had submitted the system a
Data Patterns (India) and Godfrey Phillips are the other two stocks which seem to be favourably placed on the charts, thus making a case for lower-risk at current levels.
Stocks to Watch today, August 4: 2023: Food aggregator platform Zomato turned profitable for the first time ever in Q1FY24
Benchmarks Sensex and Nifty50 logged fourth straight monthly gain in June, their longest since October 2021
Exchanges allowed to hold only 15% in depositories; BSE held nearly 20% in CDSL at the end of March qtr
Till 09:56 am; around 7.7 million shares, which represented 7.4 per cent of total equity of CDSL changed hands on the NSE, exchange data shows
2.2 mn new accounts added in January, highest since August last year
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Brokering industry players said the disruption caused by the malware attack could have been more adverse if not for the weekend
The official website of the securities depository remained non-functional and showed error till the filing of the story on Friday
US-based company is looking to invest in India and is building a new management team in the country
Leading depository CDSL has reported a 7 per cent decline in its consolidated net profit to Rs 80 crore in three months ended September 2022. In comparison, the depository had posted a net profit of Rs 86 crore in the year-ago period, Central Depository Services (India) Limited (CDSL) said in statement. The company's total income rose by 3 per cent to Rs 170 crore during the period under review. The same stood at Rs 165 crore in the second quarter ended September 30, 2021. According to the company, 48 lakh demat accounts were opened in the September quarter of the current fiscal. "The financial performance this quarter continues to be strengthened by our sustainable long-term strategy of investing in the digital eco-systems and robust technology to provide all market participants an easy and secured platform," CDSL MD and CEO Nehal Vora said. CDSL facilitates holding and transacting in securities in the electronic form as well as settlement of trades on stock exchanges. It mainta
The RBI has set three parameters for YES Bank before it can leave the reconstruction scheme
This initiative was started by insurance regulator a few years ago, but did not take off as the operational challenges and associated cost for insurers outweighed customer convenience
The tally was less than 41 million before Covid-19 pandemic
The committee is entrusted to make recommendations regarding the role played by the governing board and committees of MIIs
BSE stock is decisively claiming new all-time high; CDSL broke out of Double-Bottom formation, while IEX has witnessed an Inverse head and shoulder breakout.
Central Depository Services (India) on Tuesday said it now has more than six crore plus (60 million) active demat accounts.
CDSL Ventures is a wholly-owned subsidiary of depository CDSL