NSE plans longer F&O trading hours

The exchange is proposing an evening session, possibly between 6 pm and 9 pm, when market participants can continue trading futures and options contracts after the regular session between 9:15 am and 3:30 pm is over, said one of them. The NSE might consider extending this session to 11:30 pm at a later stage, the […]

ESG funds’ assets may grow 30% every year for a decade: Avendus

Avendus Capital said ESG-focused companies continue to outperform their non-ESG counterparts and anticipates more ESG-focused investment flows into the country. ESG-focused equity funds in India have grown from $ 330 million in 2019 to $1.3 billion in June 2023, it said.

Old overseas investment deals could come under ED fire

In two recent cases, the ED has seized the office space and immovable properties of companies which had used regular banking channels to transfer funds abroad under ODI route. While the companies under question remitted tax paid money and did not use hawala operators, they nonetheless faced harsh actions for using the ODI window to […]